Product
Cora APFlow
Guided by our functional knowledge of finance and powered by Genpact Cora, our AI-based digital technology platform, Cora APFlow automates accounts payables processes and enhances your relationships with suppliers.
Cora APFlow Highlights
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100%AP automation
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60%productivity improvement
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60%fewer supplier inquiry calls
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Invoice receipt and capture
Receive invoices electronically and straight into your ERP from multiple sources. Cora APFlow prioritizes invoices based on the rules you set for timely invoice processing and payment.
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Accounts payable process analytics
Configure AP reports and dashboards on key performance indicators to get visibility down to the transaction level.
e-Invoicing
Accepts invoices in multiple formats from leading global e-invoicing networks. While ensuring compliance with country specific regulations, e-Invoicing also enables faster payments and more predictable cash flows for your suppliers. It enabled AP automation and unbinds the AP team to focus on supporting the business to run more efficiently and to improve supplier relationships by driving on-time payments.
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Touchless invoice optimizer
Cora APFlow uses machine learning to predict delays in invoice processing and suggest actions that buyers should take to resolve exceptions. It has built-in reminders for escalations to deliver faster approvals and resolve pending invoices so you can pay vendors on time.
Requestor prediction
Cora APFlow now enables missing requestor prediction in an invoice. Powered by machine learning web service it identifies probable requestors based on past data for invoices with missing requestor information.
Supplier management
With improved supplier data management, Cora APFlow can automate your supplier set-up and maintenance for greater accuracy, faster cycle times, lower costs, and enhanced controllership. And since suppliers have real-time access to their invoice status and payment information, they don't have to contact the accounts payable helpdesk.
Early payment discounts
Cora APFlow enables suppliers the ability to take discounts on specific invoices so they can get paid faster. It helps to configure and control early payment discount program, improve supplier relationships, and deliver cost savings.
Fraud detection and prevention
Cora APFlow creates a unified and automated system of invoice processing that helps in reducing expense fraud. It identifies potentially fraudulent demands by flagging if there's invoice duplication, abnormal invoice value, or other characteristics that raise doubts about demand authenticity.
Highly scalable infrastructure
Cora APFlow thrives on ready-to-use functionalities built on a proven SaaS platform. It has multi-lingual and multi-currency support with built-in fail-over and disaster recovery. Cora APFlow is a System of Engagement that builds on your existing IT infrastructure and integrates rapidly with seamless upgrades.