Digital invoice processing
Digital invoice processing for Accounts Payable enables you to process al your incoming invoices automatically. Our invoice management solution is the first step of an automated purchase to pay process. Digital invoice processing starts with scanning and recognizing all types of invoices, for example PDF and XML, and uses advanced OCR software for paper invoices. A digital workflow solution manages the whole process and is integrated in your financial or ERP system. This makes it easy to track and correct small (manual) errors, and enables approvers to look into the history and transactional data of a specific invoice.
The benefits of invoice automation go far beyond saving your AP department from drowning in a sea of paper. Invoices are always and everywhere available, and the audit trail is there for you when you need to know what happened with a specific invoice in the past. Digital invoice processing enables an accurate process where any error can be easily tracked and corrected. Besides this, the processed will be speed up significantly, as manual processing will be eliminated or significantly limited. This enables early payment discounts.
The possibilities and advantages are endless. A few examples..
Integration with your ERP
The solution for digital invoice processing is easy to integrate with almost any ERP system, such as SAP, Microsoft Dynamics and Exact. Document information will be provided to and synched with your ERP
Insight in your Purchase to Pay process
24/7 access to your whole Purchase to Pay process. Easily look up the status of an invoice and what has been approved by which approver, by using the audit trail.
Due to less recurring activities, the whole Purchase to Pay process can be accelerated. This enables you to profit from benefits such as payment discount. Furthermore, by automating this process, the same administrative work can be done with less FTE. Employees are now able to focus on more rewarding tasks within the organization.