The Accounts Payable Execution App helps companies preserve cash and boost productivity, all while reducing costs.
Too many AP departments rely on rigid and fragmented systems that force them to work in ways that actively undermine their performance.
Invoices are prioritized by due date at best, at worst on a first-in, first-out basis. Chronic issues like patterns of manual invoicing or missing goods receipts go unresolved, because no one has the visibility to know where and why they’re happening, let alone how to fix them. And highly manual workflows waste everybody’s time.
This is where Celonis comes in.
Dynamically prioritize invoices based on your objective, whether it’s DPO, Cash Discounts, or Paid-on-Time
Automatically detect execution gaps: every inefficiency is ranked by impact, while the app suggests the next best action to fix it
Automate everything that should be automated — from approvals, document requests, and payment blocks to price updates and GR bookings
Maximize your execution capacity across these KPIs
Days Payable Outstanding
Cost per invoice
Achieve maximum capacity in AP
Best performers reached over 90% paid-on-time rate.
Maximize capacity to capture over 96% of cash discounts.
A customer eradicated duplicate payments and saved over $3.2M.
The app leverages process mining technology to extract data in real-time from source systems and measure capacity. It identifies and visualizes execution gaps — like payment term discrepancies and missing goods receipts — that limit your execution capacity.
The app knows the right course of action to close gaps. Based on machine learning and execution best-practices, it suggests the best steps — such as automatically delaying payment until invoices are due — to eliminate the most impactful execution gaps and help maximize execution capacity.
The app takes action in a number of ways. It automates real-time actions across systems — such as updating the right tax code on the fly — as well as deploys the right people to remove gaps — highlighting a pattern of incorrectly priced invoices, for example.
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