Invoice Approval Workflow for Dynamics AX Eliminates Manual Work
Published on: 22 December 2021

Manual and paper processes not only slow down the invoice approval process, but they are also prone to human error. By automating your invoice approval workflow, you create a digitized version of invoices and streamline your entire account payable process.
By automatically directing invoices to the next person in the approval workflow, you can verify and approve invoices more quickly. The right invoice approval workflow system will flag discrepancies between purchase orders and invoices to ensure accurate payment.
Read full article
Besides reducing paperwork and administrative overhead, automating your invoice approval workflow provides a variety of benefits, including:
An automated workflow for invoice approvals also plays a significant role in curbing another serious industry problem: invoice fraud.
Estimates are that organizations lose as much as 5% of annual revenue to fraudulent billing each year with a median loss of $100,000.
According to the Association of Certified Fraud Examiners (ACFE), a lack of internal controls contributed to nearly a third of all fraud attempts. The presence of anti-fraud controls and automated invoice approval workflows result in lower fraud losses and faster detection of fraud attempts.
An automated AP approval process manages your invoices in an organized manner to handle processing more efficiently. There are no more papers sitting on someone’s desk, stuck in their in-basket, or lost somewhere along the way. Everything sits on a centralized dashboard with auto-notifications to keep things moving.
The automated invoice approval process follows this process:
This may seem like a simple process, but when you have multiple vendors, hundreds or thousands of invoices, and multiple approvers in the system, it gets challenging quickly to keep things moving.
The Association of Certified Accounts Payable Professionals (ACAPP) Future Payables Process Survey documented the problems that AP teams consistently face. 38% of AP professionals surveyed said the handling of paper invoices was their biggest problem. Another 28% said manually processing information continues to be a significant issue.
To make matters worse, more than a third of those surveyed said the inefficiency in their organizations causes stress while 24% felt it was damaging relationships with suppliers.
Yet, only 8% of companies have instituted a fully automated process for handling invoices.
Want to learn more about how to create a better, faster, smarter, and easier approval workflow with an AP automation solution for Dynamics AX? Contact the experts at Rillion today and Schedule a Consultation. Let us show you how we can improve your efficiency and save you time and money.
Manufacturing companies face numerous challenges when it comes to invoice processing and accounts payable automation.
Rillion Inc.
330 North Wabash Avenue, 23rd Floor
Chicago, IL 60611
Contact us
Rillion AB
Box 7025
103 86 Stockholm
© rillion 2023 | Powered by GO MO Group
Would you like to know more about how our solutions could help your organization? Please get in touch with us today.
June 14th 3 pm CEST / 4 pm EET,
The start-up fee is a one-time fee that includes the set-up of your solution, connection to your accounting system, and training for the system administrator (1 hour).
Would you like to know more about how our solutions could help your organization? Please get in touch with us today.
Please fill in the form below. We will send the brochure via e-mail.
Would you like to know more about how our solutions could help your organization? Please get in touch with us today.
Please fill in the form below. We will send the guide via e-mail.
Please fill in the form below. We will send the brochure via e-mail.
We will send you an invitation and confirmation through e-mail soon after you send this form.
We will send you an invitation and confirmation through e-mail soon after you send this form.
Have a look at our new brand and world class AP Automation solutions > rillion.com
Here you can adjust your cookie settings:
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
Name | Provider | Purpose | Expiration |
---|---|---|---|
_GRECAPTCHA | www.google.com | This cookie is set by the Google recaptcha service to identify bots to protect the website against malicious spam attacks. | 5 months 27 days |
nitroCachedPage | www.rillion.com | This cookie is set by the NitroPack cache plugin to provide load-balancing functionality. | session |
wp-wpml_current_language | www.rillion.com | This cookie is set by the WPML plugin to store the current language. | session |
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. Read more about Google Privacy and Terms. They do not store directly personal information but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising. Act-On Beacon Tracking collects behavioral data on the website and form fills.
Name | Provider | Purpose | Expiration |
---|---|---|---|
CONSENT | .youtube.com | YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. | 2 years |
_gcl_au | .rillion.com | Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services. | 3 months |
_ga | .rillion.com | The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. | 2 years |
_gid | .rillion.com | Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. | 1 day |
_gat_UA-227155837-1 | .rillion.com | A variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. The pattern element in the name contains the unique identity number of the account or website it relates to. | 1 minute |
_ga_XZPJW5Z9YM | .rillion.com | This cookie is installed by Google Analytics. | 2 years |
_ga_D7QJ3XWQ0N | .rillion.com | This cookie is installed by Google Analytics. | 2 years |
_gaexp | .rillion.com | Google Analytics installs this cookie to determine a user's inclusion in an experiment and the expiry of experiments a user has been included in. | 2 months 7 days 13 hours 22 minutes |
_hjFirstSeen | .rillion.com | Hotjar sets this cookie to identify a new user’s first session. It stores a true/false value, indicating whether it was the first time Hotjar saw this user. | 30 minutes |
_hjIncludedInSessionSample | www.rillion.com | Hotjar sets this cookie to know whether a user is included in the data sampling defined by the site's daily session limit. | 2 minutes |
_hjIncludedInPageviewSample | www.rillion.com | Hotjar sets this cookie to know whether a user is included in the data sampling defined by the site's pageview limit. | 2 minutes |
_hjAbsoluteSessionInProgress | .rillion.com | Hotjar sets this cookie to detect the first pageview session of a user. This is a True/False flag set by the cookie. | 30 minutes |
_uetsid | .rillion.com | Bing Ads sets this cookie to engage with a user that has previously visited the website. | 1 day |
_uetvid | .rillion.com | Bing Ads sets this cookie to engage with a user that has previously visited the website. | 1 year 24 days |
AnalyticsSyncHistory | .linkedin.com | Linkedin set this cookie to store information about the time a sync took place with the lms_analytics cookie. | 1 month |
UserMatchHistory | .linkedin.com | LinkedIn sets this cookie for LinkedIn Ads ID syncing. | 1 month |
lang | .ads.linkedin.com | LinkedIn sets this cookie to remember a user's language setting. | session |
bcookie | .linkedin.com | LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID. | 1 year |
lidc | .linkedin.com | LinkedIn sets the lidc cookie to facilitate data center selection. | 1 day |
bscookie | .www.linkedin.com | LinkedIn sets this cookie to store performed actions on the website. | 1 year |
li_gc | .linkedin.com | Linkedin set this cookie for storing visitor's consent regarding using cookies for non-essential purposes. | 5 months 27 days |
This website uses the following additional cookies.
Name | Provider | Purpose | Expiration |
---|---|---|---|
_fbp | .rillion.com | This cookie is set by Facebook to display advertisements when either on Facebook or on a digital platform powered by Facebook advertising, after visiting the website. | 3 months |
YSC | .youtube.com | YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. | session |
VISITOR_INFO1_LIVE | .youtube.com | A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface. | 5 months 27 days |
yt-remote-device-id | youtube.com | YouTube sets this cookie to store the video preferences of the user using embedded YouTube video. | never |
yt-remote-connected-devices | youtube.com | YouTube sets this cookie to store the video preferences of the user using embedded YouTube video. | never |
yt.innertube::requests | youtube.com | This cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen. | never |
yt.innertube::nextId | youtube.com | This cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen. | never |
test_cookie | .doubleclick.net | The test_cookie is set by doubleclick.net and is used to determine if the user's browser supports cookies. | 15 minutes |
MUID | .bing.com | Bing sets this cookie to recognize unique web browsers visiting Microsoft sites. This cookie is used for advertising, site analytics, and other operations. | 1 year 24 days |
fr | .facebook.com | Facebook sets this cookie to show relevant advertisements to users by tracking user behaviour across the web, on sites that have Facebook pixel or Facebook social plugin. | 3 months |
wp23786 | .rillion.com | The Beacon Tracker works by placing a cookie on a user's browser. The cookie identifies and stores all behaviors that the user takes on your website, Act-On landing pages, and forms, and anywhere else you have placed your tracking beacon code. | 1 year |
ln_or | .www.rillion.com | No description | 1 day |
_hjSessionUser_* | .rillion.com | To store a unique user ID. | 1 year |
_hjSession_* | .rillion.com | To provide functions across pages. | 30 minutes |
_rdt_uuid | .leadoo.com | This cookie is set by Leadoo to help to optimize the website and improve the user experience. The main purpose of this cookie is: Targeting/Advertising. | 3 months |
_gid | .leadoo.com | This cookie is set by Leadoo ro register a unique ID that is used to generate statistical data on how the visitor uses the website. | 1 day |
__hssrc | .leadoo.com | This is the main cookie for tracking visitors | session |
_fbp | .leadoo.com | Used to deliver a series of advertisement products such as real time bidding from third party advertisers | 3 months |
_gcl_au | .leadoo.com | Used by Google AdSense for experimenting with advertisement efficiency across web sites using their services | 3 months |
_lfa | .leadoo.com | Used to store and track audience reach. | 1 year 1 month 6 days |
__hstc | .leadoo.com | This is the main cookie for tracking visitors. | 6 month |
hubspotutk | .leadoo.com | This cookie is used to keep track of a visitor's identity. | 6 month |
_ga | .leadoo.com | Google Analytics uses a set of cookies to collect information and report site usage statistics without personally identifying individual visitors to Google. | 1 year 1 month 6 days |
_ga_* | .leadoo.com | Google Analytics identifies unique users across GA sessions through client ID. | 1 year 1 month 6 days |