Finance and Accounting - Accounts Payable Automation
Streamline and organise the invoice to accounts payable creation process, with Robotic Process Automation (RPA) and Artificial Intelligence (AI) – led solutions that integrates easily into the existing applications and workflow.
Solution Overview
Invoice Data Hub captures, classifies and stores all incoming invoices from various input channels such as web, email, and other digital channels.
Verifies and matches invoice data with related purchase order and raises exceptions as needed.
Reconciles financial terms such as price, discounts, and credit terms against purchase orders, and raises exceptions wherever found.
Integrates with any existing workflow or applications, creating relevant journal entries.
Generates invoice and payments reports at various stages of the process.
Benefits
5X
more invoices processed
2X
faster onboarding of merchants and supplier
95%
accuracy of invoice to purchase order reconciliation