Esker, a leader in AI-powered business solutions for the Office of the CFO, has expanded its Connectivity Suite to include pre-built connectors that enable real-time integration of Esker Accounts Payable with Microsoft Dynamics 365 Finance and Business Central. (esker.com)
BackgroundEsker specializes in automating and streamlining accounts payable (AP) processes, including invoice verification, approval, and mobile user support. The integration with Microsoft Dynamics 365 aims to enhance collaboration between finance and other departments, providing a unified solution for supplier invoice processing. (esker.com)
Key Features and Benefits- Seamless Integration: The pre-built connectors facilitate a swift setup, with full operational capability achieved in just a few days. (esker.com)
- Real-Time Data Synchronization: Users can receive, enter, and track supplier invoices directly within Esker, eliminating the need to switch between software applications. (esker.com)
- Automated Invoice Processing: The solution supports automated and fully auditable posting of purchase order (PO) and non-PO invoices, enhancing efficiency and accuracy. (esker.com)
- Enhanced Visibility and Approval: With Esker Anywhere™, users gain on-the-go invoice visibility and approval capabilities, reducing delays in processing and payment. (esker.com)
The integration is expected to deliver significant operational efficiencies, including:
- Accelerated Invoice Processing: Businesses can receive and enter invoices up to 65% faster, leading to improved cash flow management. (esker.com)
- Cost Reduction: Processing costs can be reduced by as much as 60%, contributing to overall financial savings. (esker.com)
- Improved Accuracy: Invoice accuracy can reach up to 99%, minimizing errors and discrepancies in financial records. (esker.com)
The integration leverages Microsoft's OData API to validate invoices against current data in Dynamics 365 Finance and Operations (F&O). This includes vendor numbers, financial dimensions, and reconciliation against purchase orders and product receipts. A custom web service installed in Dynamics 365 manages voucher creation, error handling, and acknowledgment back to Esker. The integration is synchronous and on-demand, ensuring real-time data synchronization without reliance on data replication or batch processing. (msdynamicsworld.com)
ConclusionEsker’s expansion of its Connectivity Suite to integrate seamlessly with Microsoft Dynamics 365 represents a significant advancement in accounts payable automation. By streamlining invoice processing and enhancing collaboration between departments, businesses can achieve greater efficiency, cost savings, and accuracy in their financial operations.