Automating financial and administrative Business Central tasks with Micro Apps.

1. Reconciling bank transactions.

Problem:
Reconciling bank transactions with outstanding invoices is a manual, time-consuming process that often leads to errors.

Solution:
The Banking NL App automates the importing and reconciling of bank transactions via PSD2. Transactions are automatically matched to invoices, speeding up month-end closing and minimizing the risk of errors.

Case study:
An IT service provider with more than 300 transactions per month previously used Excel to manually match payments. With the Banking NL App, they reduced processing time by 75%, resulting in a monthly time saving of 10 hours.

2. Processing invoices.

Problem:
Manually entering and checking incoming invoices takes a lot of time and increases the risk of errors, such as duplicate payments.

Solution:
The Elvy Invoice Processing App automates the entire invoice processing workflow. Invoices are automatically recognized, checked, and posted in Business Central.

Case study:
A retailer with more than 500 invoices per month saw a 90% reduction in errors and a time saving of 40 hours per month after implementing the Elvy App.

3. Contract management and recurring invoicing.

Problem:
Manually creating recurring invoices leads to delays and errors, negatively impacting cash flow.

Solution:
With the Contract Management App, you can automate recurring invoices and efficiently manage subscriptions.

Case study:
A business service provider generated more than 1,000 recurring invoices monthly. Thanks to the Contract Management App, this process was fully automated, resulting in a 50% reduction in administrative time.

4. Advanced bank reconciliation.

Problem:
Complex transactions such as multi-currency payments are difficult to reconcile manually.

Solution:
The Advanced Reconciliation App assists in reconciling complex transactions through smart matching and automated reporting.

Case study:
An international trading company achieved a 60% reduction in reconciliation time by using Advanced Reconciliation.