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Empowering Businesses with Unified AP and Payment Solutions

Empowering Businesses with Unified AP and Payment Solutions

Transforming Accounts Payable Automation

In an exciting development for businesses utilizing Microsoft Dynamics 365 Business Central, two highly regarded ERP specialists have joined forces to enhance automation in Accounts Payable (AP). Mekorma, recognized for its expertise in payment automation, and Continia, a leader in document automation, have come together to provide a robust end-to-end solution that simplifies the AP process. This collaboration aims to facilitate seamless transactions for customers and partners alike.

Unifying Document Capture and Payment Processing

The synergy between Continia's advanced technology in document capture and Mekorma's capabilities in payment automation creates a powerful suite of tools for users. By integrating Continia's top-notch invoice processing and expense management features with Mekorma's vendor onboarding and compliance solutions, the combined offering enables a streamlined workflow, taking users from invoice receipt all the way to payment execution, all within the familiar Microsoft Dynamics environment.

Comprehensive AP Workflow

Customers will now benefit from a comprehensive AP workflow that ensures visibility and control throughout the entire process. With this integrated approach, businesses can effortlessly manage invoice capture, approval workflows, and payment execution seamlessly, without needing to switch between different applications. This consolidation helps in reducing errors and improving efficiency.

Ora Goldman, the CEO of Mekorma, stated, "Our goal has always been to empower our customers with tools that enhance their operations. This collaboration with Continia fulfills a critical need we’ve observed in the market—providing an all-in-one solution that keeps everything within Business Central."

Strengths in Collaboration

This partnership combines the strengths of two exceptional contributors to the Dynamics ecosystem.

Continia's Contributions

As a pioneer in document automation, Continia brings valuable features such as:

  • High-performance Optical Character Recognition (OCR) for efficient document capture.
  • Smart workflows for approval and routing, ensuring faster processing times.
  • Improved expense management and reporting.
  • Automated capabilities for document distribution and storage.
  • A wealth of experience, boasting over 1,300 partnerships globally.

Mekorma's Expertise

Mekorma enriches the collaboration with its focused solutions like:

  • Vendor onboarding processes that ensure compliance.
  • Innovative payment automation scheduling.
  • Flexibility in payment execution methods, catering to various business needs.
  • Enhanced functionalities like check printing with MICR capabilities.
  • A solid track record with over 5,000 customers across North America.

According to Søren Fink-Jensen, CEO for North America at Continia, this collaboration addresses a significant issue faced by businesses today: linking invoice automation directly with secure payment capabilities. This partnership aims to minimize manual efforts, allowing finance teams to concentrate on more strategic tasks.

Mutual Benefits for Customers and Partners

The offerings presented by both Mekorma and Continia promise substantial benefits for both customers and their partners.

For Business Partners

Partners can look forward to:

  • A broadened array of solutions that prepare them to compete effectively with larger firms.
  • Access to an extensive network provided by both companies.
  • Support for project management and implementation strategies.
  • A strong differentiation in responses to Requests for Proposals (RFPs).
  • An array of flexible engagement models and additional resources for enablement.

For Customers

Customers also stand to gain numerous advantages, including:

  • Fully integrated AP automation within Microsoft Dynamics 365 Business Central.
  • A significant reduction in manual data entry, translating to time savings.
  • Improved accuracy and compliance in financial dealings.
  • Better management of cash flow through optimized payment timings.
  • Varied choices for payment execution.
  • Maximized returns on their investments in Business Central solutions.

Smooth Implementation and Integration

To ensure optimal functionality, both Mekorma and Continia have created solutions that integrate effortlessly. With clear integration points and coordinated implementation processes, project ownership remains with partners, who will receive dedicated assistance from both companies’ project managers throughout the deployment.

Brian Roney, Mekorma's Director of Operations, emphasizes, "Our partnership is designed to simplify the collaboration process for our mutual partners. They can reach out to either company, and we'll work together to provide a seamless experience for their clients."

Solution Availability

The joint offering from Mekorma and Continia is now available for Microsoft Dynamics 365 Business Central customers across North America. Interested partners and customers are encouraged to connect directly with either company to learn more or to arrange for a joint demonstration of the capabilities offered.

About Mekorma

Mekorma is known for its innovative approaches to payment automation within Microsoft Dynamics, focusing on secure and effective accounts payable processing. With over three decades of experience in the Dynamics field, Mekorma is committed to helping organizations navigate complex payment workflows while maintaining full oversight.

About Continia

Continia stands out in the realm of productivity solutions for Microsoft Dynamics. With over 30 years of experience and a strong partner network, Continia offers solutions that enhance document capture, invoice automation, and overall efficiency for businesses using Business Central.

Frequently Asked Questions

What is the focus of the Mekorma and Continia collaboration?

The partnership aims to streamline the Accounts Payable process within Microsoft Dynamics 365 Business Central by integrating invoice capture and payment execution functionalities.

How does the solution benefit Business Central users?

Users gain a seamless, integrated AP workflow that enhances visibility, control, and efficiency, allowing them to manage processes within a single platform.

What unique strengths do Mekorma and Continia bring?

Mekorma specializes in payment automation while Continia excels in document capture and invoice processing, creating a comprehensive solution for AP automation.

How can partners leverage this joint solution?

Partners can enhance their service offerings, access expanded networks, and gain competitive advantages through this unified solution.

Where can customers learn more about the joint offering?

Customers interested in the joint solution can reach out directly to Mekorma or Continia for detailed information and to schedule demonstrations.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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