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Invoice Management Solution

By Documation

Current Version: n/a
Product Description  


Documation are specialists in Accounts Payable (AP) automation and have developed an integrated IMS (Invoice Management Solution) product suite for the automated processing of supplier invoices.

Automatically extracts and validates key data from a scanned invoice

Allocates cost centre and GL codes over multiple
invoice lines

Automates the 2 or 3 way matching of POs, GRNs
and invoices

Routes matching failures for resolution by the procurer

Authorises invoices in line with business rules

Retrieval of invoices via a browser or the financial system

Key benefits of IMS

* Improved productivity of the accounts payable team
* Improved supplier relations
* Improved control over key business processes
* Improved level of service to internal departments
* Improved management information
* Reduced data entry costs
* Reduced cost and time in coding and authorising invoices
* Reduced cost and time in resolving discrepancies
* Reduced storage costs, telephone and distribution costs

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Note: The vendor profile above for (Invoice Management Solution
) is not written by Accounting Software 411. Information is provided and maintained by the vendor Documation and/or by third party sources. Accounting Software 411 confirms basic company data prior to posting a profile. The above information is not a review or endorsement by Accounting Software 411 of the product.

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