• Spend Management Platform

    Complete Spend Management from Procure to Pay for Sage Intacct

  • Accrualify offers mid- and enterprise-level companies cloud-based automation solutions to better manage their Procure-to-Pay and accounts payable processes. Accrualify’s products enable more efficient and automated management of purchase orders, accruals, invoices, payments, vendor management, and budgeting. Their mission is to leverage artificial intelligence (AI) and machine learning to address the many pain points corporate finance organizations face on a daily basis. It was this principle that led Accrualify to develop a process that automates month-end accrual processes.

    Key Benefits:

    Sage Intacct + Accrualify for AP utopia: 
    Enhance the automation features available through Sage Intacct with Accrualify! Because of our tight integration with Sage Intacct, all data is shared across both platforms in real-time to give you the most complete view on your company spend. Use Accrualify in conjunction with Sage Intacct to:

    • Use Accrualify to expose purchase order request forms to all your employees, then utilize the approval workflows in Sage Intacct
    • Add more customizations to your approval workflows using Accrualify's workflow engine
    • Automate your accrual booking processes with Accrualify's accrual management tools like system generated accruals based on historical data, auto-reversal tools, automated reminders, and more
    • Enhance your automated invoice processing in Sage Intacct by utilizing Accrualify's OCR and 2-way / 3-way matching tools 
    • Enhance your Sage Intacct receiving features through Accrualify's robust Receiving Module, which can be exposed to all employees in your company
    • Quickly and easily collect your vendors' tax and banking information via the Accrualify Vendor Portal to then load into Sage Intacct automatically
    • Expose PO balances and invoice and payment approval statuses to your vendors
    • Automatically send payment remittance emails to your vendors no matter how you pay from Sage Intacct
    • Have complete control over vendor contacts and assign communications to them by transaction type
    • Use an intuitive interface to enter, manage, and edit your POs, accruals, invoices, and payments


    Less data entry through automation: 
    Accrualify offers more automation features to drastically reduce time spent processing invoices, on-boarding vendors, booking accruals, and paying vendors.

    Reduced human error: 
    Accrualify modules are developed with artificial intelligence and machine learning as a strong focus. Applying AI and machine learning will reduce duplicative data and errors over time.

    Time savings:
    Reduce the time it takes to collect P2P data and the time spent on your monthly close. Accrualify better logs spend trail from purchase order to payment so you can reduce your monthly close period by days.

    Additionally:

    • Automated accrual requests and input
    • Automated closing periods and accrual reversals
    • Automated invoice requests and payment
    • Automated PO requests and approvals
    • A 20% increase in vendor response rates
    • Vendor Portal
    • Domestic & International electronic payments
    • Easier GAAP compliance
    • Happier auditors as they can trace a transaction from purchase order to payment
    • More transparency with vendors
    • An increase in departmental productivity
    • Less reliance on spreadsheets

    System Requirements:
    Sage Intacct Web Services. Access to web browser.

    Price:
    Priced based on transactional volume.

    About:
    Complete Spend Management from Procure to Pay
    A complete, all encompassing spend management platform with one-of-a-kind time saving perks. Accrualify is the first SaaS solution to automate the tedious, time consuming tasks associated with accrual estimation processes. In addition, automate your invoice collection and input, vendor detail collection and management, and ERP input processes. With powerful add-ons, you can also automate your purchase order requests and workflows, plus simplify vendor payments both domestically and internationally.

    Accrualify's Admin Dashboard
     

    Procure-to-Pay automation at its best.

    A complete, all encompassing spend management platform with one-of-a-kind time saving perks. The Spend Management Platform is the first SaaS solution to automate the tedious, time consuming tasks associated with accrual estimation processes. In addition, automate your invoice collection and input, vendor detail collection and management, and ERP input processes. With powerful add-ons, you can also automate your purchase order requests and workflows, plus simplify vendor payments both domestically and internationally.
     

    Key Benefits

    • Automated accrual requests and input
    • Automated closing periods and accrual reversals
    • Automated invoice requests and payment
    • Automated PO requests and approvals
    • A 20% increase in vendor response rates
    • Vendor Portal
    • Domestic & International electronic payments
    • Easier GAAP compliance
    • Happier auditors as they can trace a transaction from purchase order to payment
    • More transparency with vendors
    • An increase in departmental productivity
    • Less reliance on spreadsheets

     

    Customer Quote

    “As CFO of a technology company, one of the biggest pain points at BitTorrent centered around the purchase-to-pay cycle and accruals estimation process. Accrualify has been a phenomenal addition to our system’s landscape and has helped us improve productivity, efficiency, and cost containment. Through Accrualify's automated PO, invoice, and receipts processing, we have been able to process transactions with higher accuracy, speed, and lower cost. The highlight of the tool is its ability to generate an accrual rollforward with a detailed audit trail to the source.”
    - Dipak Joshi, CFO, BitTorrent

     

    Easy to Use and Deploy

    Accrualify’s platform brings together historically segregated solutions including:

    • Month-end accrual estimation processes 
    • Vendor management
    • Customer estimation management
    • Purchase order creation and workflow
    • Invoice automation and approval workflow
    • Electronic payments
    • ERP integration
     

    How It Works With Sage Intacct

    Accrualify manages your vendor, purchase order, accrual, invoice, and payment processes and data entry then pushes that data into Sage Intacct in real via their API. Automate all of your approvals, data entry, and payment queues in one convenient platform, then use Sage Intacct for reporting and tax management. Accrualify will update the data in Sage Intacct in real-time, so your data is always complete and up to date.


    Phone:
    Website: accrualify.com
    Year Founded: 2015
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