Invoice Process

Created by jl gates, Modified on Fri, 24 Jun, 2022 at 1:56 PM by jl gates

Clean up your payables mess and gain more visibility and control over your entire accounts payable process.

Capture all your invoices in one platform

Digitize your paper-based payables process. Gather invoices from email, drag and drop from your desktop, or snap a photo with our mobile app.

Store all invoices in cloud storage

During capture the system automatically captures and enters invoice and other information for your review. Such as : Invoice Number, Supplier Name, Due Date and Due amount.

Furthermore:

System organizes invoices by vendor
System presents a calendar for payments due dates
System present your bank balance for cashflow planning
System creates payables aging reports
System reports invoices paid.

Invoice capture and processing streamlines your accounts payable processes by capturing invoices electronically and routing them throughout every step of your workflow.

Importance of Invoice Management

It’s critical for businesses to manage invoices efficiently. It has been observed that 85% of organizations can become overwhelmed by the formats and volume of invoices.