Traild has been a game changer!
"Traild has been a game changer! It’s saved me a whole full time role. But the risk management side of Traild is what actually sold me on the solution. The risk reduction and savings have been huge for us."
IFS Integration for Accounts Payable Automation
Integrate IFS and Traild fraud protection first technology to achieve secure and automated accounts payable from invoice capture to payment.
IFS Integrated AP Solution
The Traild IFS integration is purpose-built for businesses using IFS to modernize accounts payable by enabling finance teams to spend 85% less time on manual tasks and focus on high-risk invoices requiring attention. With true real-time integration, data is always synced, and seamless field mapping with document export eliminates the need for manual workarounds, delivering a complete IFS AP automation solution.
Vendor Management and Verification
Traild’s vendor portal provides secure supplier onboarding plus leverages a proprietary AI-enabled vendor validation protocol to execute verification quickly and effectively. Key details are automatically extracted from each new vendor invoice for verification, so you can feel confident making payments immediately.
Proprietary Enterprise-Grade Invoice Data Extraction
Data extraction like you have never seen before. Our AI and ML enabled data extraction engine learns the intricacies of your AP process, so vendor invoices are automatically captured, coded to GL accounts and posting lines and matched correctly. IFS users love how Traild knows to automatically split PDFs containing multiple invoices into separate invoices.
Executive Payment Review and Execution
The Traild IFS integration provides IFS users the ability to review payment risks, verify suppliers, drill into invoice details, and approve batch payments. Plus execute payments across domestic and international payment methods in one-click with TRAILD Pay.
Industrial AI for Accounts Payable
Traild is tailored to seamlessly integrate with IFS and meet the unique needs of core industries including distribution, manufacturing and construction.
Construction and Engineering
Subcontracts, retainage, holdbacks and other construction AP nuances are handled effortlessly in Traild and accurately reflected in real time in IFS. Keep vendors happy with on-time payments whilst embedding fraud protection and automating error-prone processes.
Manufacturing
Manufacturing operations benefit from optimised workflows, including 2 and 3 way PO matching and landed cost tracking, enabling efficient management of invoices and approvals across multiple sites.
Distribution
With thorough and accurate line-level capture of invoices, purchase orders and receipts, Traild enables distribution businesses to automate invoice processing and reduce errors in high volume transactions. Payments are approved swiftly, unlocking pay-early discounts and improving cash flow.
Aerospace
When detail matters, the Traild IFS integration for accounts payable saves Aerospace businesses time whilst delivering the meticulous and detailed approach to AP automation that’s required when invoices, purchase orders and receipts can include many lines of complex SKUs.
Energy, Utilities and Resources
Energy, utilities and resources organizations can save significant time and money and unlock on-time payment discounts by streamlining and automating AP. Complex workflows and approval matrices can be reflected in Traild to accelerate AP whilst embedding fraud protection.
Benefits of AP Automation
Automate AP for IFS with Traild Accounts Payable Software
Handling hundreds of invoices in IFS often involves manually coding, matching to purchase orders and chasing discrepancies. These are time-consuming tasks and prone to errors. Traild AP automation software extends the IFS AP functionality, streamlining these processes by automating invoice matching, coding and approval workflows.
Traild automatically verifies vendors and continuously assesses invoices for risk, flagging any issues for review. As a result, you can choose to automate approvals and have only invoices flagged as risky or over a certain value surfaced to executives for review, saving them time so they can focus on tasks that matter.
By reducing manual effort, improving accuracy and delivering actionable insights into your accounts payable, Traild helps businesses save time, minimise errors and maintain better control over vendor payments and compliance. With real-time sync between IFS and Traild, finance leaders have a current and clear view of cash flow to make informed decisions.
Fully integrated from day one!
"It is not often a product comes along like this - simple to use and fully integrated from day one!"
Add an extra layer of security
"We had a couple of near misses with incorrect supplier invoices, so we were looking to protect ourselves and add extra layer of security across the company. Traild was a winner."
It’s improved cash flow
“It’s improved cash flow because we are getting invoices paid timely and getting discounts. I have a better read on the number of invoices that we have in the system. So, there are a lot of pluses for me.”
Traild has saved us hours in manual processing
“Traild has made our AP process incredibly efficient and secure, saving hours in manual processing and helping me identify the high risk payments that need further review.”
Saves us over 10 hours each week
"Traild saves us over 10 hours per week in manual data entry and helps me focus on the one percent of invoices that are problematic and need my attention.”
Frequently Asked Questions
Reach out to our team for more information on Traild or AP digital transformation.
Traild connects to IFS through a seamless and robust custom-built integration, enabling real-time data synchronisation between the two systems. This connection ensures that updates to invoices, POs, vendor details and payments are automatically reflected in both platforms, eliminating manual entry and transforming AP automation in IFS.
Traild integrates with IFS cloud.
Data such as vendor information, purchase orders, invoices, subcontracts, posting line and general ledger updates and payments are automatically synced between Traild and IFS.
Both the Invoice and all supporting documents are pushed through from Traild to IFS. When you are logged into IFS, you will be able to view each of these documents from IFS.
Unlock AP Automation
In IFS
See how TRAILD can streamline your processes with a personalised walkthrough from our team.