Intervate garnered the Kofax Transform Worldwide accolade at the 2014 awards ceremony held in San Diego, CA for its Group Five accounts payable (AP) automation solution.
Intervate, a T-Systems subsidiary in South Africa and the country's foremost provider of Enterprise Information Management (EIM) and process automation solutions, walked away with the Best Accounts Payable Solution Award at the worldwide Kofax Transform 2014 Awards for its Group Five account payable (AP) solution. The award ceremony was held at the Hilton Bayfront Hotel in San Diego in March 2014.
The panel of judges, made up of industry experts from across the globe, described the winner in this category as having “significantly optimised accounts payable transaction processing, resulting in reduced cycle times, improved productivity, improved metrics and monitoring, increased control and visibility, reduced process errors and a lowered cost of compliance,” said Mpumi Nhlapo, head of Intervate’s Imaging & Capture Solutions division.
“It’s about producing measurable results and providing real value to your client’s business. Since implementing the AP solution, Group Five is now able to work with documents electronically, detect duplicates upfront and automatically ensure compliance with South African Revenue Service (SARS) tax legislation,” added Nhlapo.
“Solutions like this reduce manual invoice processing and statement reconciliation within the AP team and free up staff to be able to focus on exceptions and improving account ageing. AP automation solutions improve productivity and, with proactive metrics, allow us to measure staff performance more effectively.”
Thomas S. Senger Senior Vice President, EMEA Software & Solutions said: “The Best Accounts Payable Solution Award is the most highly contested category and Intervate’s solution for Group Five demonstrated excellent service delivery and real value to its client.”
“This is fantastic recognition for Group Five’s vision, as well as Intervate’s technical capabilities. We are very proud to have been a part of it,” said Nhlapo.
To find out more about Intervate’s AP solutions visit http://www.intervate.com/Solutions/Pages/AP-Automation.aspx