Tungsten AP Essentials

Efficient cloud-based invoice processing.

Formerly known as Kofax ReadSoft Online, Tungsten AP Essentials offers a comprehensive solution for efficient invoice processing. It’s secure, quick, accessible and boasts a low cost of ownership (TCO) since it is a complete cloud-based solution.

Tungsten AP Essentials ensures optimal invoice processing efficiency. With its accurate AI-driven optical character recognition (OCR) learning engine, users benefit from collective knowledge, resulting in faster capture times and less need for verification. The cloud-service is completely scalable to manage any workload and caters to the financial needs of small and medium enterprises.

Tungsten AP Essentials capabilities

Self-learning processing engine

Continuously improves speed and precision, learning to locate pertinent data on invoices over time.

Automatic sorting of invoices

Differentiates between suppliers and buyers and determines invoice types.

Advanced line-item data capture

Automatically recognizes line-item data, even in complex invoices.

Built-in support for regional variations

Equipped with country-specific settings for seamless validation.

Validation and line pairing

Automatically validates items and pairs invoices with purchase order (PO) lines.

Business system integration

Seamlessly integrates with leading ERP systems like NetSuite, Coupa, SAP and Microsoft 365.

Workflow capabilities

Invoice automation controls every step in the chain, from data collection to monitoring. AP Essentials user-friendly web interface provides an intuitive experience for all routing and approval processes, making it accessible and easy to navigate for all users.

Streamline the approval process

The approval matrix feature automatically determines workflow agents based on the characteristics of each invoice, streamlining the approval process.

The system also includes validations for matching, supporting both 2-way and 3-way matching to ensure consistency and correctness. Robust analytics provide comprehensive workload and performance dashboards for further control, allowing for detailed monitoring and analysis of the entire invoicing process.

Automate invoice posting

Maximize efficiency with automatic invoice posting in Microsoft NAV, Microsoft Dynamics 365, NetSuite, and Coupa. Using XML and web services, easily integrate other systems.

Automate invoice processing with a cloud-based solution with AI-driven invoice data interpretation and matching capabilities.

Contact us about Tungsten ReadSoft AP Essentials

Measurable results. Noticeable Impact.

Case
Efteling
50%
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Case
Febelco
Notable
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