InvoiceNxt redefines how invoices are managed within large supply chains, particularly those with extensive supplier networks. or suppliers, InvoiceNxt is a transformative tool that simplifies invoicing while providing significant cash flow benefits.​

It's deep integration with NXT AP enhances its value by creating a holistic, streamlined invoice management experience. Suppliers raise invoices through InvoiceNxt—whether by submitting PDFs, e-invoices, or flipping purchase orders in InvoiceNxt itself—and those invoices are then processed in real time

Global organizations with supply chains in various markets face the challenge of ensuring compliance with complex and ever-evolving regulatory requirements. From VAT/GST regulations to country-specific e-invoicing mandates, maintaining compliance is critical for financial accuracy and operational efficiency. 

By embedding GPT-4 within the accounts payable process, NXT AP leverages the power of artificial intelligence.​

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With the advent of AI-powered solutions, Computer Vision, and e-invoice networks, manual processing is becoming obsolete. Instead, the role of shared services is evolving into that of Global Capabilities Centers (GCCs)—strategic hubs focused on driving global process excellence, compliance, and continuous improvement.

As AI takes over traditional tasks, human expertise will be redirected to craft more efficient and reliable fully automated processes, embracing a future where automation and AI dominate operational workflows.

Legacy AP automation solutions typically ensure that supplier invoice data is complete and validated before creating posted documents directly in SAP. These solutions may operate entirely outside of SAP or use custom tables to manage invoice data, but either way, they often bypass the flexibility that SAP's native parking functionality provides.

​Embracing parking as an initial step in the invoice process helps mitigate risks, reduce latency, and improve the quality of financial data, ultimately leading to more efficient and reliable AP management.

The new role of AP Analysts also emphasizes that AP is ultimately a procurement function and that a well-organized procurement process is the foundation of efficient AP processing.

With the automation of traditional AP activities, the role of AP Analysts is evolving from a focus on transactional processing to strategic analysis and optimization. The future AP Analyst will play a crucial role in driving further efficiency and automation within the AP function. 

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