Company
Date Published
Author
Barbara Cook
Word count
1757
Language
English
Hacker News points
None

Summary

Microsoft Dynamics 365 Business Central, succeeding Microsoft NAV ERP, offers basic accounts payable (AP) features but lacks comprehensive automation, requiring businesses to manually process invoices. While Business Central provides tools like vendor templates, standard reports, and manual invoice processing, it does not support touchless digital invoice processing. To enhance efficiency and reduce manual processes, companies can integrate third-party AP automation solutions such as Nanonets, which utilize AI-driven automation, OCR for data capture, and streamlined workflow automation to facilitate invoice processing and global payments. These add-ons not only improve efficiency and reduce errors but also offer better controls against fraud and enhance cost-effectiveness. With Microsoft Power Automate and newly introduced AI features like Microsoft Copilot, companies can further automate workflow tasks, although manual processes remain prevalent for those who do not adopt advanced automation solutions.