NOKERA Management AG, active in the construction industry, has set several strategic goals within its controlling department to increase the efficiency and accuracy of invoice processing. The department aims to optimise invoice processing by reducing and automating the use of physical documents, leading to full digitisation of incoming invoices. ‘With the digitisation of our invoice processing, we have made a huge efficiency gain, virtually eliminating physical documents,’ explains Roberto Termini, Head of Controlling. The automation also ensures improved data quality, transparency and error-free allocation and approval of invoices. ‘The automation of incoming invoices has not only increased speed, but also ensures error-free allocation and approval, which is crucial for our compliance,’ Termini said.
In addition, centralised data processing promotes collaboration between departments and increases traceability and compliance in accounting processes. Reliable data analysis also enhances strategic decision-making. To achieve these goals, the AP Automation solution was implemented integrated with Dynamics 365. Termini notes, ‘Thanks to centralised data processing, cooperation between our departments has become much more effective, which has significantly improved data quality and transparency.’ These initiatives have led to a significant reduction in invoice processing time, elimination of paper documents and manual input, improved efficiency and transparency within the finance department, error reduction thanks to automated bookings, and higher data quality through centralised processing.