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Palette Partner EchoVera reaches $2bn in processed invoices

Tuesday 11th September, 2018

Palette partner EchoVera an AP automation solutions provider has helped its customers process more than $2bn in invoices using Palette’s AP automation technology.

EchoVera’s customers in Europe, Australia, the USA, and Canada use Palette’s AP automation platform to process invoices and match them to purchase orders, goods receipts and contracts without manual intervention.

The platform helps EchoVera’s customers to comply with rigorous standards and regulations such as SOC2, HIPPA, GDPR and PEPPOL.

Meanwhile, Palette’s highly flexible approval workflow software enables employees to check each invoice’s payment status, while budget holders can approve invoices via email and on mobile devices. Another key benefit that EchoVera’s customers enjoy is Palette’s seamless integration into existing ERP software.

Ralf Leitner, CEO of EchoVera said, “Palette AP Automation is extremely powerful and can be configured to the most demanding business processes inside the finance departments of our customers. Users find it intuitive to use as it easily adapts to different roles within any organisation. As well, it seamlessly integrates with popular ERPs such as NetSuite, Oracle, SAP, Microsoft with Dynamics, Intaact, QAD, and Sage.”

EchoVera’s customers using Palette’s solutions have achieved significant reductions to invoice processing times and significantly fewer late payment interest fees, while improving transparency and control over all AP activity across the business.