Skip to main content

Industry Calendar

Invoice Processing ‘No-Brainer’: Reduce the Cost of Accounts Payable through Automation (Proactis)
Thursday, July 24, 2014, 10:00am - 10:45am
by This email address is being protected from spambots. You need JavaScript enabled to view it.

There is no question that paper invoicing handling is the enemy of efficiency in the AP department. Scanning invoices into a document management system can help, but by no means solves the entire problem. Receiving invoices electronically helps more, but only if the rest of the process is set up to really use the information in an automated fashion.

The “mail latency”, “desk float” and “information chase” associated with manual invoice processing results in a number of problems including: lack of visibility of outstanding liabilities, invoices beyond the discount period before they are entered into the AP system, the potential of paying duplicate invoices, long and costly audits etc.

Join us for this webinar where we discuss why tackling Invoice Processing is a ‘no-brainer’ and detail how you can quickly and efficiently put in place:

• Streamlined registration of both PO and non-PO invoices to create electronic records
• Invoice validation and coding, including processing of complex invoices such as utility, telecom and PCard statements  
• Matching of PO-based invoices with ‘straight-through’ authorisation of matched invoices
• Discrepancy resolution workflows for both PO and non-PO invoices  
• Capture and reporting of detail history to reduce audit costs and enable spend analysis  

The benefits of automated invoice processing not only include significant cashable savings but strategic benefits such as:

• Improved budget and cash management
• Better data for spend analysis
• Improved supplier relationships

To find out how to make fast, efficient, automated invoice processing a reality in your organisation within a short period of time, register your free place at this webinar.

CLICK HERE TO REGISTER

0
Shares