Infonic Purchase Invoice Processing
Streamlining Accounts Payable, Improving Cash-Flow
Just-in-time purchasing improves cash-flow by reducing stock on hand. However, achieving efficient stock control requires reliable suppliers and fast, accurate supplier invoice processing.
Whichever system your business employs, the key objective is for payments and goods received to correctly reflect the order. This is typically achieved by manually checking documentation. But, if your business processes 1000's of invoices, manual checking remains unreliable.
Download the Infonic Purchase Invoice Processing Brochure
Contact 5 Star regarding Infonic Purchase Invoice Processing
Payable Processes
Document Manager streamlines Accounts Payable by processing all inbound and outbound documents electronically. This enables faster order and invoice approval through online invoice presentation; and document workflows that enable users to quickly cross-reference documents to identify discrepancies and resolve disputes.
Features and Benefits
- Accurate invoice document capture.
- Reduced administration requirements.
- Manual or automated content indexing.
- Cross referencing invoices with GRN / PO details for accuracy.
- Direct integration with core finance and back office solutions.
- User definable workflow for approving payments etc.
- Elimination of hard copy files and unnecessary paper chases.
- Presentation to internal / external users via web interface.
- Admissibility of data in UK courts for disputes, etc...
- Ability to comment and annotate images as required.
- Vast storage capacity and compression ability, making best use of IT infrastructure.
Example of Integration
5 Star are an official Infonic Business Partner - contact us now to help you make the right choice Exchequer Enterprise Accounting Software
