We announce our partnership with Xtract – Automation and digitization of accounting processes with SAP.

At Invenzis, we are pleased to announce our new partnership with Xtract, a solution that enables companies to automate and digitize critical processes related to invoice and expense management.

This collaboration is designed to enhance operational efficiency for companies worldwide by integrating Xtract with SAP to optimize accounting and financial management.

What is Xtract?

Xtract is an innovative application that simplifies the management and accounting of invoices and expenses, helping companies reduce manual work and improve financial control. Through its automation and digitization capabilities, Xtract enables:

• Automatic Accounting: Automates the receipt, reading, and recording of invoices in your accounting system. With Xtract, companies gain access to an unlimited digital repository where they can search invoices by number, date, supplier, or approval status, streamlining document management.
• Invoice Authorization: Xtract also provides a 100% digital and online workflow for the authorization of purchase invoices. Invoices are automatically assigned to the responsible approvers, with reminders to expedite the approval and payment process, enhancing internal efficiency.
• Expense Digitization: For companies managing expenses, Xtract digitizes the submission and approval of expenses, eliminating the need for manual data entry. The app generates expense reports categorized by approval status and team member, making expense tracking and control faster and more accurate.

Benefits

Companies that adopt Xtract will experience an immediate impact on the optimization of their accounting and financial processes. Some of the key benefits include:

• Time Savings: By eliminating the need to manually input invoices and expenses, the financial team can focus on more strategic tasks.
• Increased Control and Visibility: Automating approval workflows ensures that process owners receive the necessary notifications to accelerate approval and payment.
• Efficient Expense Management: Digitizing expenses allows for better control of reports and simplifies tracking, which is especially useful for companies with large teams or multiple projects.

Connectivity with SAP

The highlight of this partnership is the seamless integration between Xtract and SAP, enabling companies to manage their accounting processes centrally within their ERP. Businesses already using SAP can fully leverage this integration to simplify administrative workload and enhance their overall enterprise management system.

We have already implemented Xtract for some of our clients in Uruguay and Argentina, who have experienced significant improvements in their invoicing and expense authorization processes.

A Step Forward in Financial Digitization

The partnership between Invenzis and Xtract reinforces our commitment to providing technological solutions that help our clients digitize and automate their key operations. If you are looking for a way to optimize the management of your accounting processes with direct integration into SAP, this is an excellent opportunity to learn more about how it works.

We invite you to our upcoming webinar, where we will show you live how Xtract automation can transform the way you manage your purchase invoices within SAP and SAP Business One. Through practical examples and real-time demonstrations, you will learn how to implement this solution to streamline and improve the efficiency of your operations.

Don’t miss this opportunity to discover how Invenzis and Xtract can help you enhance your company’s efficiency while saving time and money.

______________________________________________________________________________________

​🌟 Webinar: Automatizá la carga de tus facturas de compra en SAP y SAP One con IA

Join our free webinar, where we will show you how to automate the upload of your purchase invoices in SAP and SAP Business One using Xtract automation.

In this webinar, you will learn how to:

• Streamline the process of uploading purchase invoices into your management system.
• Eliminate errors and reduce the time spent on manual invoice handling.
• Free up time for your team to focus on more strategic tasks.

📆 Date and Time: 12/11, 10 AM – 11 AM (Argentina Time)

🌐 Location: Online

👉 Register here: https://lu.ma/49olkdfn