Third-Party AP Automation vs. Built-in Offerings in Infor Cloudsuite

Ira Brooker   March 22nd, 2024

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Research has shown that more than 60% of organizations will have adopted a cloud-based enterprise resource planning (ERP) system by the end of 2024. As more and more functions move to the cloud, a solution that helps your business get the most out of your ERP becomes essential. Users of Infor Cloudsuite have been turning to MHC automation to optimize ERP for more than 20 years, and that relationship remains as effective as ever.

While it is true that most popular cloud ERP systems include a number of built-in offerings that automate certain portions of your accounts payable process, working with a third-party AP automation solution such as MHC software offers many advantages that can expand your ERP capabilities while sharply reducing the risk of errors. Let’s take a look at the ways third-party AP automation software can boost the efficiency, flexibility, and cost-effectiveness of your system.

How Can Third-Party AP Automation Enhance Your ERP?

If your organization has invested in an ERP system such as Infor CloudSuite Financials & Supply Management (FSM), MHC’s software solutions make an ideal complement to Infor functionality to drive additional efficiencies and increase the overall value of your enterprise resource planning (ERP) and business systems.

Intelligent Invoice Capture

Pre-Built AP Workflows

Business User Configurable Routing

Dynamic Image Retrieval

Easy-Access Approval Processing

Speedy Auditing

Web Forms

Role-Based Dashboards and Reports

Flexible Payment Processing

Touchless General Ledger Coding

5 Ways Third-Party AP Automation Improves
on Built-In Offerings

ERP systems such as Infor Cloudsuite do offer a limited range of built-in automation, but getting the most out of your ERP requires some assistance. MHC’s AP automation software is designed to integrate smoothly and functionally with Infor Cloudsuite and other cloud-based ERPs to maximize the effectiveness of your enterprise resource planning. Five key advantages of pairing your ERP with accounts payable automation include:

1. Greater Functionality

MHC helps to automate and streamline procure-to-pay processing and other key AP functions such as document output, imaging, web forms, and data capture. That consolidates your operations into a single, easy-to-use dashboard and provides a single-integrated solution for all of your business’s document management needs.

Even better, MHC can take your ERP beyond the basics with helpful functions such as automated fraud detection, dynamic approval workflows, and intelligent optical character recognition (OCR). All of those functions can be customized to best meet your organization’s specific needs, creating an ERP solution tailor-made for your goals and processes.

2. Simplified Implementation

Integrating a new solution into your existing processes can be intimidating. That’s why MHC software is designed with a specific eye toward simple integration and implementation with Infor Cloudsuite and all other leading ERP systems. Our software is intended to complement and supercharge your existing ERP, not replace it. MHC offers pre-built connectors to Infor Cloudsuite, simplifying integration and reducing development effort for your team.

MHC solutions are also designed to grow and scale along with your business. Our software enables an easy ERP upgrade path by delivering unique functionality to Cloudsuite customers while keeping Infor standards. That allows you to future-proof your ERP with minimal interruption, ensuring that your systems stays up to any new challenge that might arise.

3. Employee Empowerment

Trying to manage an ERP system using outdated or inadequate tools can be a frustrating and time-consuming experience. MHC automation for accounts payable streamlines many of the most repetitive and tedious processes of your day-to-day AP functions, including data entry, routing documents for approval, internal auditing, and generating reports.

MHC NorthStar is also designed to configure to your organization’s specific business rules, allowing you to tailor functions to meet your needs rather than the other way around. And with intuitive, centralized controls that are easy to use even for less tech-savvy business users, our third-party AP automation solutions help to empower your employees while also reducing the workload for your IT team.

4. Enhanced Security

Data security is a bigger concern than ever in an era of increasingly sophisticated cybercrime. MHC offers pre-built interfaces to Infor CloudSuite that expedite timelines while keeping your solutions economical and your information more secure. Our AP automation solutions boost security for ERP systems by allowing greater visibility into your entire process, making it easier to identify potential fraud and security risks before they become problems.

MHC automation further increases security by giving you more control over business rules such as who approves invoices and which documents get routed to which department. When exceptions do arise, they are automatically flagged for review, making it easier to both correct the problem in the moment and prevent similar situations in the future.

5. Consistent Compliance

Accounts payable is a heavily regulated industry, and for good reason. Errors and failure to comply with rules and regulations can have serious financial impacts on your organization. Enhancing your compliance efforts by investing in a third-party AP automation solution is the surest way to ensure that your ERP processes remain compliant with all relevant regulations.

MHC NorthStar automates document workflows within Infor Cloudsuite, reducing manual tasks that can greatly increase the risk of human error. The visibility that comes with an automated system makes it far easier to identify and address exceptions, errors, and other problems with your AP process. That visibility is especially helpful as an easily accessible data trail in the event of an internal or external audit.

Get the Most From Infor Cloudsuite with MHC NorthStar

Ready to learn more about the many ways an AP automation solution from MHC can enhance your Infor Cloudsuite experience? Contact us today to schedule a demonstration of our MHC NorthStar software solutions. Our in-house experts will tailor a demo designed to address your organization’s specific ERP needs, from integration to implementation to execution.

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Ira Brooker

Ira Brooker is a freelance writer and editor based in Saint Paul, Minnesota. He has been writing blogs and copy about software-as-a-service solutions for most of the past decade. Before exploring accounts payable and workflow solutions with MHC, he wrote about fields including cybersecurity, workforce management, online accessibility, audiology, retail sales, and much more. When he’s not doing business writing, he also indulges in writing fiction, journalism, arts criticism, and bar trivia.

Notice – Portions of this blog post were generated using Generative AI tools. Our writer has carefully fact-checked, edited, and added their own insights to ensure accuracy and a unique perspective.

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