Key features, New features – Kofax AP Automation User Manual
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Kofax AP Automation Release Notes
13
Chapter 4
Key Features
The Accounts Payable processes manage the life cycle of an invoice document:
▪ Capture
▪ Validation
▪ Approval
▪ Post Approval
▪ Post Payment Review
▪ ERP Integration
New Features
The new features in AP SPA 1.1.0 include the following:
Analytics
Analytics provides:
▪ Productivity
▪ Paying Invoice on Time
▪ Removing Bottlenecks
▪ Managing Cash
▪ Managing Suppliers
▪ Compliance
Extraction
Extracts the payment terms from the invoice.
Validation
Validates the fields on the Validation form by selecting:
▪ Customer contact
▪ Payment terms
▪ Coding templates
Resources
You can configure the resource approval hierarchy for each business unit of which the
resource is a member.
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