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Manual Data Entry

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on 11 August 2018

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Transcript of Manual Data Entry

Improving Manual Data Entry
Sleepy Pty Ltd

Comparison
Conclusion
Manual Data Entry
vs
Automation
Manual Data Entry

Automation
Figure 1 AP Process Cost Per Invoice Processed
Source: APQC Survey, 2016
Labor costs - 62% of total AP costs
Automatic Software
QuickBooks Online
Quickbooks online is a web-based accounting solution that caters to expenses, drafting invoices and monitoring financial reports, among others.
Xero
Xero is a web-based accounting system design for small and growing business.
Sage Intacct
Sage intacct is a provider of cloud-based accounting software.
1. Accuracy

2. Inefficient process

3. Vulnerability to fraud

4. Inability to manage information

5. No overall visibility and control

1. Reduce manual effort

2. Protecting against fraud

3. Accurate supplier invoice

4. Supplier support

5. Approval process

6. Integration with ERP/Finance
The Institute of Financial Management. (2015).
Six Promising Trends in Accounts Payable.
40%

29%
real-time availability of data
locating/managing paper-based documents
Quickbooks
Xero
Sage Intacct
Why We Choose Saga Intacct
https://www.xero.com/au/pricing/
https://quickbooks.intuit.com/au/pricing/
Finance team
https://online.sageintacct.com/pricing.html?ref=btn&_ga=2.49052710.1438354822.1533860587-1610431596.1533860587
Full transcript