ClearTech automates accounts payable and with deep insights into your material invoices helps measure and control how much you pay
Watch 1-min video →As a growing retail business, focus on improving efficiency and bottom line while costs and payables are taken care of on autopilot
Boost efficiency and eliminate the busy work with touchless invoice processing and global payables management
Spend right amounts on supplies with confidence that all stores order goods at similar rates and get the best terms while plugging leakages
Manage vendor spend for multiple outlets and pay on your terms using their preferred payment method from a single integrated platform
Enable touchless invoice processing with smart OCR, advanced approvals, and multiple payment methods with seamless ERP integrations
Issue pre-loaded cards for specific locations or for specified amounts, durations or even specific transactions and sync directly with your ERP
Identify opportunities to save money by optimizing costs and plugging leakages with smart, real-time insights besides savings brought about by automation and driving down processing costs
Enable touchless invoice processing with smart OCR, advanced approvals, and multiple payment methods with seamless ERP integrations
Issue pre-loaded cards for specific locations or for specified amounts, durations or even specific transactions and sync directly with your ERP
Identify opportunities to save money by optimizing costs and plugging leakages with smart, real-time insights besides savings brought about by automation and driving down processing costs
Get in touch with us to get a demo to understand how
ClearTech can save your precious time and money
AP automation solutions can help retail and e-commerce companies improve invoice processing and approval times. They can utilize an end-to-end AP automation solution that integrates with the accounting system or a payment automation software or a supplier management software to streamline the procurement and accounts payable process.
While selecting an AP automation solution, retail companies should look for cloud solutions which automate the end-to-end payable workflow. The right software should seamlessly integrate with your accounting and procurement systems, streamlining your invoice processing and approvals. It should also support multiple payment methods such as ACH, wire or check.
Cost of an AP automation solution varies based on complexity of the requirements as well as scale of operations. A few factors that drive the cost of a solution are the accounting system integrations, subsidiaries, count of vendors, invoices, and volume of payments. To estimate the value of using an AP automation solution, use our AP Automation ROI Calculator to know more.
AP automation can help retail companies free their accounting team's bandwidth by automating routine tasks and reducing manual efforts. AP solutions support remote work and helps companies scale without adding any headcount. AP automation solutions like ClearTech also help you save costs and control spend with intelligent insights to identify opportunities for optimization.
AP automation solutions helps retail companies automate accounts payable processes like invoice data entry, cost centre allocations, 2 or 3 way matching and approval routing. Automating routine and manual time-consuming activities reduce invoice processing time and enables on-time supplier payments.