Ferret Software

Ferret Software’s FACT Web https://www.ferretsoftware.co.nz/accounts-payable-automation/ is a powerful, proven accounts payable automation solution designed to eliminate manual data entry, reduce errors, and give finance teams complete control over their AP processes. With over 20 years of experience, Ferret has helped organisations of all sizes streamline invoice processing, improve visibility, and accelerate approvals. At the heart of Ferret is intelligent automation. Our software accurately captures and extracts invoice data, removing the need for time-consuming manual entry while ensuring consistency and compliance. From the moment an invoice is received through to approval and posting, Ferret simplifies every step of the accounts payable lifecycle. Ferret integrates seamlessly with a wide range of accounting and ERP systems, including Microsoft Dynamics, SAP, MYOB, Xero, and many more. This flexibility allows Ferret to fit effortlessly into your existing finance environment, enhancing your systems rather than replacing them. Key features include the creation of professional purchase orders, configurable workflow rules, and robust approval controls. Approval workflows can be tailored to your organisation, automatically routing invoices to the right people based on value, purchase order, supplier, or other criteria. This ensures faster turnaround times while maintaining strong governance and auditability. Beyond invoices, Ferret also offers staff receipt management, allowing employees to easily submit receipts while giving finance teams a clear, centralised view of expenses. In addition, Ferret supports automated invoice statement reconciliation, helping you quickly identify discrepancies, missing invoices, or duplicate charges. With FACT Web, accounts payable becomes faster, smarter, and more transparent. By automating routine tasks and streamlining approvals, Ferret empowers finance teams to focus on what matters most—driving efficiency, accuracy, and strategic value across the organisation