Electronic Invoices are automatically loaded onto the Purchase Invoice Workbench where they are automatically validated before posting to the Purchase Ledger.
Invoices can be automatically matched against the purchase order and goods received data offering significant benefits such as:
Benefits
Reducing the time spent on processing high volume/low value orders ( thus allowing more of your Buyers time to be focused on achieving the best deals).
Automated processing of invoices with management of errors by exception.
Fewer errors and therefore fewer queries escalated to senior management due to disputed bills.
More efficient delivery and payment processes together with improved supply chain relat ionships.
Significantly better deployment of skilled staff can be achieved by freeing their time from administrative tasks.
Reduced risks through audit trail and history tracking.
Accurate purchasing information that will support better buying decisions.
