Invoice Management

Vendor invoice management and invoice processing is a key target for document management and workflow solutions. In large organisations or in situations where a lot of purchasing is being carried out, the volume of vendor invoices can be vast. Vendor invoice management and invoice processing can be time consuming and costly. There are often problems with invoices going astray, delays in getting invoices authorised, duplicate invoices, etc. Problems arise when payments are delayed as this may mean that supplier discounts cannot be obtained.

Invoice management solutions can be used to remove the paper from the payables process and automate getting the invoice to the point where it is ready to pay. Online invoice authorisation automates the process of getting invoices approved, removing the problems of lost or mislaid invoices and cutting the time it takes to give invoices authorised. Electronic invoices can also benefit from the Documation Invoice Management Solution.

Invoice management software and solutions can dramatically cut invoice processing times, meaning they can be paid earlier and supplier discounts can be achieved.

Want to see invoice management in action? Watch our webinar online - includes software demo. Click to watch now!