Bottomline's AP Automation for Real Estate transforms the accounts payable process by automating invoice receipt, approval workflows, and payment creation. This solution integrates seamlessly with leading property management systems and general ledgers, ensuring real-time data synchronization and eliminating manual data entry. Features include customizable invoice approval workflows, electronic purchase orders, and robust fraud protection through the secure Paymode network. By adopting this solution, real estate businesses can enhance operational efficiency, improve cash flow visibility, and strengthen vendor relationships.

Features:

• Automated Invoice Processing: Eliminate manual tasks like scanning invoices, coding, and chasing approvals.
• Centralized Procurement: Conduct all transactions electronically to streamline purchasing, ensure compliance, and reduce costs.
• Seamless Integration: Integrate with leading property management systems and general ledgers for real-time data synchronization.
• Customizable Workflows: Set up invoice approval workflows based on factors like GL category, department, or specific vendor.
• Electronic Purchase Orders: Create, manage, track, and approve electronic purchase orders within the AP Automation platform.
• Fraud Protection: Utilize multi-layered protection against fraud, including vendor authentication and risk monitoring.