Accelerate Invoice Processing
Process invoices in days, not weeks. Automation eliminates every bottleneck.
Slow invoice processing strains vendor relationships, causes late payments, and misses early payment discounts. Every day an invoice sits in process costs money.
The Challenge
Manual processing has multiple bottlenecks: mailroom delays, data entry backlogs, approver unavailability, and exception handling. Each step adds days to the cycle.
The Solution
Nexus AP addresses every bottleneck. Invoices are captured instantly. Data extraction takes seconds. Matching happens automatically. Approvals go mobile. The result is 3-4 day cycle times.
How It Works
Instant Capture
Invoices processed immediately upon receipt
2-5 days in mailroom or inbox
Same-day processing
Automated Entry
AI extracts data without human typing
1-2 days in data entry queue
Seconds
Smart Matching
Auto-match to PO and receipt
1-2 days for manual matching
Instant for 70%+ of invoices
Mobile Approvals
Approvers act from anywhere
3-7 days waiting
1-2 days with escalation
Key Features
Multi-channel capture
Email, scan, upload, or portal
AI data extraction
Header and line items in seconds
Automatic matching
3-way matching without manual lookup
Mobile workflows
Approve from any device
Parallel processing
Multiple invoices processed simultaneously
Real-time status
Know where every invoice stands
Benefits
80% faster
From 10-15 days to 2-3 days
On-time payments
No more late payment penalties
Capture discounts
Fast enough for early payment terms
Happy vendors
Predictable, reliable payments
ROI Impact
| Metric | Before | After | Improvement |
|---|---|---|---|
| Cycle time | 10-15 days | 2-3 days | 80% faster |
| On-time payment rate | 70-80% | 95%+ | 25% improvement |
| Early discount capture | 15-20% | 80%+ | 4x more |
| Vendor inquiries | Frequent | Rare | 90% fewer |
Frequently Asked Questions
What's a good benchmark for invoice cycle time?
Best-in-class organizations process invoices in 3-4 days. The average is 10-15 days. Laggards can take 25+ days. Where you fall depends primarily on automation level.
What slows down invoice processing the most?
The biggest delays are typically: waiting for approvals (especially when approvers travel), exception handling, manual data entry, and routing to the right approver.
How quickly can I see improvements?
Most customers see significant improvement within the first month. Full optimization typically occurs over 2-3 months as workflows are tuned and staff adapts.
Category
EfficiencyRelated Use Cases
Works With
Popular Industries
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