Reduced time spent executing the process
The built-in expense viewer in Expense720 makes it very convenient for the financial employees to handle large amounts of expenses.
Expense720
Receive, handle and archive expenses in Business Central.
The Expense720 App from ON720.COM is streamlining the expense management process and making you compliant with applicable regulations.
Why Expense720
Expense management can be a very time consuming task in your day-to-day business. Inefficiency often lead to dissatisfied employees and it has a huge cost for the company.
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Compliance with company policies and legislation is a challenge for many customers.
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Security is becoming a bigger and bigger concern and has very high priority for many companies.
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No expense management can lead to slow expense approvals and reimbursement cycles.
Benefits
Reduce time spent on handling employee expenses
Expense720 handles invoices, creditnotes and employee expenses and can automatically activate an approval workflow for fast and effective approval by several management employees.
Fewer complications and human errors
Expenses are received by email, drag and drop, copy and paste or via the the Business Central APP. Header information on invoices is captured automatically and prepared for posting and archiving.
Capture data with AI
Using AI Capture in Expense720 enables automatic data extraction from invoices, credit notes, and receipts, saving time and reducing errors compared to manual processes.
Expenses are stored in your own Business Central database
All On720.com APPs are by design built to store data in the customers Business Central database. Even if you don’t want to continue using a payable version of Expense720, you will still have access to you data.
Expense720 setup is done in minutes
Expense720 is public available for download and can be applied to you cloud based Business Central environment in minutes. Expense720 is usable out of the box with a standard configuration.
Pay-As-You-Go licensing model
All On720.com APPs start in a free plan and the plan will be adjusted to the current usage of the APP. If the usage is decreasing the plan will be adjusted accordingly.
Features
Our automated process
1. The invoice is received by Business Central via email or via upload with drag & drop.
2. Main information such as invoice number, invoice date, invoice amount, etc. are then automatically recognized.
3. The attachment is then posted and sent for approval, where the approver can approve/reject or forward the attachment.
4. When the attachment is approved, the attachment is posted, after which the attachment is automatically entered for payment in the disbursement journal.
Standardization and digitization of the expense management processes is often the only way out when trying to automize expense management. Expense720 is a public available expense management app for the cloud based Microsoft Dynamics 365 Business Central and can only be found in Microsoft AppSource.
Customer Story
We use Expense720 to digitize all our incoming documents in the company. Previously, this was done manually and analog. Since we started using Expense720, we have experienced fewer errors because the system recognizes and captures document data. Expense720 has contributed to greater overview.
Licensing plans
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FAQ
Expense720 is an invoice management and expense management app for Microsoft Business Central.
This expense app is designed to handle electronic expenses and invoices (often also referred to as digital expense management or digital receipt management).
Expense720 is also an invoice management system designed for electronic invoicing (invoice automation and invoice tracking).
Yes, Expense720 ensures efficient management of expenses and receipts (vouchers and supporting documents for disbursement and reimbursement) in simple workflows within Microsoft Business Central.
Yes, Expense720 has a built-in invoice approval workflow that simplifies the entire invoice management process and ensures straightforward bookkeeping in Business Central.
Capture AI is an advanced document scanning feature in Expense720 that automatically extracts data from invoices, credit notes, and receipts. This is traditionally also often referred to as 'invoice capturing' or 'invoice data capture'. With Capture AI the proces is automated.
Unlike traditional methods that use OCR and require templates and manual mapping, Capture AI uses technology from Chat GPT-4.
This ensures that information from both the header and lines on the documents is transferred automatically, quickly, and accurately, saving time and reducing errors for users.
Compared to ocr invoice capture you could call this ai invoice data capture or automated invoice capture.
Microsoft Dynamics 365 Business Central is a comprehensive accounting software that simplifies financial management with real-time data access, automated processes, and compliance with global accounting standards.
Beyond its core accounting capabilities, Business Central excels by offering integrated modules for inventory, project management, and sales, making it a powerful all-in-one business solution.
By choosing Business Central, you get not only top-tier accounting software but also a scalable platform that grows with your business, providing insights and tools across all operations.
Additionally, the cloud-based nature of Business Central allows you to enhance its functionality by seamlessly integrating specialized apps like Expense720, Business720, and Peppol720. These apps further streamline expense management, business processes, and e-invoicing, making Business Central an even more comprehensive and adaptable accounting solution. The ability to easily add these apps ensures that your accounting software evolves with your needs, maximizing efficiency and providing tailored solutions for your business.
Try Expense720 today
All ON720.COM apps are certified and available in Microsoft AppSource.
WEBINAR ON DEMAND
Webinar On Demand: Expense Management in Microsoft Business Central with Expense720
Michael Simonsen, CPO at ON720.COM, will show you how the effective features of Expense720 can streamline expense management and save users time when receiving, registering, approving, and archiving receipts in Microsoft Dynamics 365 Business Central.
