--- title: "We announce our partnership with Xtract – Automation and digitization of accounting processes with SAP." id: "17755" type: "post" slug: "we-announce-our-partnership-with-xtract-automation-and-digitization-of-accounting-processes-with-sap" published_at: "2024-10-21T16:52:34+00:00" modified_at: "2026-05-13T12:50:15+00:00" url: "https://www.invenzis.com/en/we-announce-our-partnership-with-xtract-automation-and-digitization-of-accounting-processes-with-sap/" markdown_url: "https://www.invenzis.com/en/we-announce-our-partnership-with-xtract-automation-and-digitization-of-accounting-processes-with-sap.md" excerpt: "At Invenzis, we are pleased to announce our new partnership with Xtract, a solution that enables companies to automate and digitize critical […]" taxonomy_category: - "News" - "Sales" taxonomy_language: - "English" taxonomy_post_translations: - "pll_6761ae1f3d344" --- At **Invenzis**, we are pleased to announce our new partnership with **Xtract**, a solution that enables companies to **automate and digitize critical processes** related to **invoice and expense management**. This collaboration is designed to **enhance operational efficiency** for companies worldwide by integrating **Xtract with SAP** to optimize **accounting and financial management**. ****What is Xtract?**** **Xtract** is an innovative application that simplifies the **management and accounting** of invoices and expenses, helping companies reduce manual work and improve financial control. Through its automation and digitization capabilities, Xtract enables: - **Automatic Accounting:** Automates the receipt, reading, and recording of invoices in your accounting system. With Xtract, companies gain access to an **unlimited digital repository** where they can search invoices by number, date, supplier, or approval status, streamlining document management. - **Invoice Authorization:** Xtract also provides a **100% digital and online workflow** for the authorization of purchase invoices. Invoices are automatically assigned to the responsible approvers, with reminders to expedite the approval and payment process, enhancing internal efficiency. - **Expense Digitization:** For companies managing expenses, Xtract digitizes the submission and approval of expenses, eliminating the need for manual data entry. The app generates **expense reports** categorized by approval status and team member, making expense tracking and control faster and more accurate. ****Benefits**** Companies that adopt **Xtract** will experience an immediate impact on the optimization of their accounting and financial processes. Some of the key benefits include: - **Time Savings:** By eliminating the need to manually input invoices and expenses, the financial team can focus on more strategic tasks. - **Increased Control and Visibility:** Automating approval workflows ensures that process owners receive the necessary notifications to accelerate approval and payment. - **Efficient Expense Management:** Digitizing expenses allows for better control of reports and simplifies tracking, which is especially useful for companies with large teams or multiple projects. ****Connectivity with SAP**** The highlight of this partnership is the **seamless integration between Xtract and SAP**, enabling companies to manage their accounting processes centrally within their ERP. Businesses already using **SAP** can fully leverage this integration to simplify administrative workload and enhance their overall enterprise management system. We have already implemented Xtract for some of our clients in **Uruguay** and **Argentina**, who have experienced significant improvements in their invoicing and expense authorization processes. ****A Step Forward in Financial Digitization**** The partnership between **Invenzis** and **Xtract** reinforces our commitment to providing technological solutions that help our clients **digitize and automate their key operations**. If you are looking for a way to optimize the management of your accounting processes with **direct integration into SAP**, this is an excellent opportunity to learn more about how it works. We invite you to our **upcoming webinar**, where we will show you live how Xtract automation can **transform the way you manage your purchase invoices** within **SAP and SAP Business One**. Through practical examples and real-time demonstrations, you will learn how to implement this solution to **streamline and improve the efficiency of your operations**. Don’t miss this opportunity to discover how **Invenzis** and **Xtract** can help you **enhance your company’s efficiency** while saving time and money. ______________________________________________________________________________________ ​🌟 **Webinar: Automatizá la carga de tus facturas de compra en SAP y SAP One con IA** Join our **free webinar**, where we will show you how to **automate the upload of your purchase invoices** in **SAP and SAP Business One** using Xtract automation. In this webinar, you will learn how to: - **Streamline** the process of uploading purchase invoices into your management system. - **Eliminate errors** and reduce the time spent on manual invoice handling. - **Free up time** for your team to focus on more strategic tasks. 📆 **Date and Time:** 12/11, 10 AM – 11 AM (Argentina Time) 🌐 **Location:** Online 👉 **Register here:** [https://lu.ma/49olkdfn](https://lu.ma/49olkdfn)