ExFlow is a built-in, feature-rich AP Invoice Automation solution built into Dynamics 365 Business Central.
ExFlow automates the entire Invoice Process from invoice import and data validation, through coding, invoice matching, approval workflow, to final posting and archiving. All directly within Dynamics 365 Business Central – there are no integrations necessary.
Scanning and data validation Invoices are scanned and interpreted using OCR. Invoice data is validated and imported directly into Dynamics 365 Business Central. Invoice data can be adjusted by AP staff as needed.
Coding and preliminary posting ExFlow uses intelligent coding proposing most optimal coding for any invoice line. Coding can be done against a general ledger, items or fixed asset.
3-way invoice matching ExFlow can match invoice data against purchase orders. ExFlow enhances Dynamics 365 Business Central standard matching rules providing full support for three-way matching.
Dynamic approval workflow for any device Approval is set using standard workflows and/or position hierarchies. Approval workflows can also be generated dynamically using invoice data. Approval in ExFlow can be performed on-the-go on any device using the ExFlow web portal. Approvers are notified by e-mail to approve or reject invoices.
At all time, AP staff have full transparency into all invoices awaiting approval.
Final posting and accrual for estimated costs Approved invoices are posted directly in the general ledger of Dynamics 365 Business Central. ExFlow also allows for accrual for estimated cost, non-posted invoices can be accrued via a general journal for end-of-month reporting.
Analytics and follow-up Throughout the process, AP have full control over all invoice activity. All actions are logged, providing a failsafe audit trail. ExFlow provides analysis and follow-up of the entire invoice process to identify bottlenecks and track necessary KPIs.
ExFlow enables organizations to increase efficiency, transparency and control in their AP Invoice process. ExFlow uses all rules, validations and regulatory requirements enforced and in-use by Dynamics 365 Business Central. As ExFlow is an add-on, it uses standard Dynamics 365 Business Central functionality to ensure compliance for all key processes.
ExFlow is easy to implement ensuring a quick start-up process and a rapid ROI. AP staff continue to work in their familiar Dynamics 365 Business Central environment reducing training.
ExFlow is sold and supported by leading Microsoft Partners globally.
This app supports the Essential and Premium editions of Dynamics 365 Business Central