Saving time with seamless and efficient AP (Accounts Payable) Automation powered by AI.
The Accounts Payable (AP) department plays a crucial role in ensuring that suppliers are paid accurately and on time. If you want to automate as much of the work carried out in Accounts Payable as possible, you will need a holistic approach – if you don’t, you risk creating new bottlenecks within the department. Luckily, MAKIRA is created to ensure this approach from the start, to avoid bottlenecks, and to ensure efficiency.
With MAKIRA, you can automate tasks across all phases of Accounts Payable:
Ensures documents are automatically created in the backend system.
Documents are enriched with information not found on the document itself, such as cost centers, requesters, VAT codes, and accounts.
Automates as many approval tasks as possible and makes sure that the documents, that need manual approval, are guided automatically to the right people.
Ensures that all documents are stored securely and can be easily retrieved.
MAKIRA offers comprehensive AP automation by working across all phases of the document process. Unlike other solutions that focus solely on document creation with AI or rule-based engines, MAKIRA covers the entire incoming invoice process.
Depending on the manual nature of a company’s process, the order of these phases may vary. In more manual setups, the approval phase might come first, involving physical document handling for stamping and signing. However, with full automation, the order follows the sequence above.
Easy, efficient, and automated E-invoice: Take advantage of MAKIRA’s powerful solution for holistic, digital invoice processing that covers +20 standard e-invoicing formats standards.
E-invoicing included in all pricing models – to secure you going forward
With added pressure on countries to use E-invoices, MAKIRA has set a standard that all documents are managed equally, no matter if its an electronic document or PDF. With our flexible and future proof solution for e-invoicing, you’re capable of handling cross country formats creating a global standard.
Capture and automate
MAKIRA has strict standards and formats that reject guesswork and avoid confusion in data entry. In fact MAKIRA captures all data on the suppliers’ E-invoices in a fine-meshed net, and once mapped, it’s automated. No more guessing which values belong to which fields.
E-invoice for ERP and SAP systems
MAKIRA ensures that you can map different invoice standards directly into your SAP or ERP system, no matter which you use. Creating value on top of your current solution.
Avoid misinterpretations and manual errors. Through the strict standards of MAKIRA, common invoicing mistakes will be a thing of the past.
When you start growing the percentage of handling your invoices electronically, you grow your savings in cost and time along with it.
E-invoice solution comes as an integrated part of your MAKIRA package – and not as a additional paid add-on.
In 2018, the Financial Excellence team at the iconic Danish luxury audio company, Bang & Olufsen, did an end-to-end assessment of their invoice handling system. This was step one on their journey from traditional manual processes and tools to a more agile and automated approach. Inefficient, time-consuming, and resource-heavy workflows meant they were in the market for a smarter solution for invoice registration.
Automatic handling of expense invoices is one of the enterprise advantages of the shared service center in the accounts payable operation of the giant retailer JYSK. The solution behind “e-invoicing” is called MAKIRA Approve. The SAP partner is NTT DATA Business Solutions (NTT DATA).
Contact us today to get started!