Ferret Software

Systemise your accounts payable

Ferret automates manual data entry and streamlines the processes and authorisation of your accounts payable invoices.

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  • Effortlessly create new purchase orders (PO)
  • Purchase order requisition and approval matrix
  • Sync purchase orders to and from your financial system
  • Accurate invoice data extraction
  • 3-way automated matching (PO VS receipt VS invoice)
  • Automated statement and invoice matching
  • Payment batch approval workflows
  • Easy to use mobile apps

Ferret software integrations

We’ve completed many implementations across key industry segments and understand the productivity and efficiency gains to each.

Money Works
Dynamics NAV
Dynamics 365
Technology One

Can't find your software?

Ferret can build integrations with new or bespoke systems upon request.

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Mobile convenience

Simply download from the app store and with one-handed operation you can

  • Create a purchase order
  • Approve a purchase order
  • Capture a receipt
  • Approve an invoice
  • View supporting documents

Consultative Approach

We appreciate your Accounts Payable process may be unique and work with you to understand your specific needs and tailor a solution to meet your requirements.

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Tenon User Story – Right Size Right Fit Accounts Payable Automation

Manufacturing Giant Tenon use Ferret to eliminate manual data entry of Accounts Payable invoices and efficiently manage their approvals process.

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Ferret software advantages

Many useful features to take your accounts management to the next level.

Reduce labour costs

Reduce labour costs

  • Manual data entry elminated
  • General ledger coding automated
  • Additional data not on the document automatically entered
  • No client data validation required during data extraction

Elminate paper

Elminate paper

  • Invoice, order & statement PDF automatically filed
  • Access PDFs instantly
  • Paperless office - elminate time spent paper filing

Electronic invoice filing

Electronic invoice filing

  • Filed in document management system against supplier record
  • Instantly retrievable & IRD compliant
  • Search by supplier, invoice or PO
  • File emails and other supplier docs

Eliminate data entry errors

Eliminate data entry errors

  • No error prone OCR interpretation used
  • No human error during data extraction
  • Duplicate invoices automatically detected

Integrated with your financial system

Integrated with your financial system

  • Information exported into your financial system
  • Xero, MYOB, Accredo, SAP, Nimbus, Dynamics, Reckon - many others with new ones easily setup

Fast return on investment

Fast return on investment

  • No software installation, hardware or capex required
  • No long term ‘software learning’ timeframe
  • No risk - up and running in no time

Approval routing

Approval routing

  • Paperless invoice approval
  • Delegation of authority controls
  • Fast and easy coding
  • Full visibility of invoice process

Access to financial data faster

Access to financial data faster

  • Data in financial system instantly
  • Speed up approval cycle
  • Eliminate monthly bottle neck

Our clients report reducing AP Processing time by approximately 50%

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Deepika Chandrasekar

“Our factory generates a lot of paper records every day and traceability is very important to us. Ferret has enabled us to store all our files in a systematic order and we are able to access records whenever we want them.”

Deepika ChandrasekarWhittakers NZ

Dreeson Andrew
Southern Cross

“Today, we’ve halved the processing time per invoice and expect this to reduce further as we refine the import process and expand its use across other processes.”

Dreeson AndrewFinancial Controller, Southern Cross Health Society NZ

Southern Cross
Karen Hieatt
Nelson Airport

“Our AP processing has just moved from fully manual to fully automated with Ferret and has resulted in a streamlined, efficient process.”

Karen HieattCorporate Services Administrator, Nelson Airport

Nelson Airport
Cheryl Mason
Fish & Game

“Ferret totally improved our ability to get our hands on information, saves us a lot of time, and we just love it. It’s easy to operate, Brilliant!”

Cheryl MasonFish & Game Southland

Fish & Game
Tracey Patterson
Tenon Manufacturing

“Ferret software is user friendly and simple, implementation is completed without huge time effort, and the support team are always readily available to support with full knowledge in the product.”

Tracey PattersonIT Manager Tenon Manufacturing

Tenon Manufacturing
Christine Brunton
Colliers International

“Once our staff changed their mind-set and realised that paper was no longer required, the Ferret system become liberating. We just wish we had installed it five years ago.”

Christine BruntonColliers International

Colliers International

Ready to get started?

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