What problems does AP automation solve for finance teams?

EY AP automation solves major pain points for finance teams by eliminating manual data entry, reducing invoice errors and preventing duplicate or fraudulent payments. It streamlines approval workflows, speeds up invoice processing and improves vendor management through timely communication. It also enhances compliance with tax and audit requirements, reduces operational costs and provides real-time visibility into payables, helping finance teams manage cash flow more effectively.

How can businesses reduce manual invoice processing errors?

Businesses can reduce manual invoice processing errors by adopting an EY AP automation tool that captures invoice data accurately through e-invoices or OCR. Automated 2- or 3-way matching helps detect mismatches early. Standardized workflows, vendor master validation and rule-based checks further minimize mistakes. Centralized approval and real-time tracking enhance accuracy, while eliminating manual entries reduces duplication, missed invoices and payment delays.

What features should an accounts payable solution have?

An AP automation solution should have smart multi-channel invoice capture, automated 2- or 3-way matching, and GST or e-invoice integration for real-time validation. It should support vendor onboarding and master validation, configurable approval workflows and exception handling with audit trails. The system should enable touchless ERP posting, credit note reconciliation, and TDS or Reverse Charge Mechanism (RCM) checks. It should offer dashboards for tracking, SLA monitoring, and analytics, facilitating full visibility and faster processing with fewer errors.

EY Accounts Payable Solution

Automate Accounts Payable (AP) to elevate vendor satisfaction, gain real-time working capital insights and achieve industry-leading process excellence.

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Explore the full potential of EY AI-powered Accounts Payable Solution

EY AP Solution digitizes the accounts payable process from invoice-to-pay, incorporating various validations, reconciliations and compliances inclusive of Tax Deducted at Source (TDS), Goods and Services (GST) and the recently mandated Invoice Management System (IMS) under GST.

Creates working capital efficiencies
Significantly reduces compliance costs through a unified view of tax activities
Validates vendor ecosystems
Improves productivity through touchless AP workflows
Provides custom-built analytics for smarter decision making

Everything essential for your business within one platform

Framework of EY AP Automation powered by government approved IRP license

Why choose EY AP Automation solution?

Reduction in manual effort

Faster invoice processing

Accuracy in data capture

Zero duplicate payments

100% GST and TDS compliance

Improved vendor relationships

Full visibility and audit trail

Frequently Asked Questions (FAQs)

EY AP automation solves major pain points for finance teams by eliminating manual data entry, reducing invoice errors and preventing duplicate or fraudulent payments. It streamlines approval workflows, speeds up invoice processing and improves vendor management through timely communication. It also enhances compliance with tax and audit requirements, reduces operational costs and provides real-time visibility into payables, helping finance teams manage cash flow more effectively.
Businesses can reduce manual invoice processing errors by adopting an EY AP automation tool that captures invoice data accurately through e-invoices or OCR. Automated 2- or 3-way matching helps detect mismatches early. Standardized workflows, vendor master validation and rule-based checks further minimize mistakes. Centralized approval and real-time tracking enhance accuracy, while eliminating manual entries reduces duplication, missed invoices and payment delays.
An AP automation solution should have smart multi-channel invoice capture, automated 2- or 3-way matching, and GST or e-invoice integration for real-time validation. It should support vendor onboarding and master validation, configurable approval workflows and exception handling with audit trails. The system should enable touchless ERP posting, credit note reconciliation, and TDS or Reverse Charge Mechanism (RCM) checks. It should offer dashboards for tracking, SLA monitoring, and analytics, facilitating full visibility and faster processing with fewer errors.

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Our team

Uday Pimprikar

Partner and Indirect Tax Leader, EY India

Venkatesh Narayan

Leader, Tax Technology and Transformation, EY India

Utkarsh Sanghvi

Partner, Indirect Tax, EY India

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

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