The support of the invoices in paper introduces important extra charges inherent in the managing of the document so much from the perspective of the client as the one of the supplier limiting the capacity of optimization reduction of the process cycles.
An integral model that includes all the steps of the process of the invoice, from its confection on the part of the supplier, check , approval and automatic booking.
Approval workflow and two / three ways match engines are imperative for a world class invoice process
- Transformation of fixed costs in variables
- Increase of the productivity of the actors of the process, deriving in cost saving so much for the client as for the supplier
- Electronic record of all the actions in the process, improving the internal control
- Reduction of the time dedicated by the client to the approval of invoices and to exceptions resolution
- Improvement of the relation Client / Supplier
- Automatic booking of invoices
- Real provisioning of expenses
- Treasury planning improved