AccountsIQ, a global accounting software provider, and Kefron, an accounts payable automation and electronic document management solution provider, have partnered to deliver major efficiencies to businesses by automating the accounts payable cycle.
AccountsIQ provides cloud accounting and real-time consolidation software for medium-sized businesses. Accredited by the Institute of Chartered Accountants in England & Wales and recently awarded UK Enterprise Accounting Software of the Year for the second year running, the platform provides users with anytime-anywhere access to a full-feature accounting system across multiple locations, branches or subsidiaries. Kefron’s Accounts Payable Automation Solution, Kefron AP, which seamlessly integrates with AccountsIQ, digitises invoices for ease of processing, approval and record keeping, driving significant time savings and efficiencies. Leveraging optical character recognition (OCR) technology, Kefron AP captures and analyses scanned or e-mailed paper documents such as invoices, receipts and bank statements, automatically creating the relevant transactions in AccountsIQ and attaching the document image for later retrieval and viewing from within AccountsIQ.
Kefron managing director Paul Kearns comments, “We’re delighted to be partnering with AccountsIQ, a clear leader in cloud accounting solutions for the mid-market. This partnership means we can bring digital automation to help even more businesses increase productivity and gain better visibility and control.”
Tony Connolly, founder and CEO of AccountsIQ, explains, “Kefron shares our enthusiasm for helping organisations transform their finance functions by automating accounting processes to remove mundane data entry tasks, while driving efficiency and productivity. Kefron is a best-of-breed solution in its field and we look forward to working closely with the Kefron team to provide additional automation for our customers.”
Nicholas Treanor, financial controller of Hibernia REIT, explains, “Implementing the Kefron AP solution and integrating it into our AccountsIQ group-wide finance system has delivered significant benefits to our business. The operational efficiencies we’ve achieved by leveraging the integrated solution, allows our finance team to focus on analysis and control rather than transaction processing, allowing my team to deliver more value to the business, and it is an environmentally friendly solution too.”
Find out how your business can benefit from AccountsIQ and Kefron. Visit www.AccountsIQ.com or www.kefron.com today for more information. Alternatively, reserve your place at our joint webinar, 'Power up your finance function with automated technology', on November 20. See https://accountsiq.com/webinars/power-up-your-finance-function -automated-technology