![Sage Insights: Is It Time to Upgrade Your Payables Process?](https://www.nextecgroup.com/wp-content/uploads/2024/07/iStock-1809276854-scaled.jpg)
Have you calculated the cost of processing payments manually via checks? Do you know the impact that delayed payments might be having on your vendor relationships? Do you want to improve cash-flow visibility and find out how automation can help your team focus on higher-value tasks? If you answered “yes” to any of these questions, it might be time to consider adding Automated Clearing House (ACH) capabilities and leveraging Accounts Payable Automation tools in NexTec’s Advanced Financials solution, powered by Sage X3, to increase your AP efficiency.
Why Add ACH Capabilities?
ACH payments are secure, cost-effective, and efficient, offering numerous benefits such as reduced costs, faster payment processing, improved cash-flow management, and increased security.
NexTec’s Advanced Financials module supports comprehensive ACH functionalities including the generation of bank file exports, and automating email workflows to advise vendors that payment is on the way.
Automate with X3 Cloud Docs
Our partnership with Sage X3 Cloud Docs brings powerful automation to your accounts payable process:
Seamless Integration: Automatically create financial records in Sage X3 with advanced OCR technology. OCR will map invoice lines to the correct GL accounts and flag any duplicate invoices or payments.
Intelligent Document Management: Automate invoice capture, processing, and approval, with secure cloud storage.
Enhanced Email and Workflow Engine: Utilize interactive, branded HTML5 emails for efficient and interactive communication.
Efficiency and Cost Savings: Reduce manual data entry, lower processing costs, and achieve quick ROI.