Invoice Matching with Purchase Order
Advanced Invoice Workflow
On average, 15% of processed invoices have exceptions. The cost of processing an invoice with an exception is 20 times higher than processing an invoice without an incident. In most cases, accounts payable is responsible for handling the exception when it does not have the authority to resolve it.
These are, in very broad terms, the steps information follows in the process of handling invoices with a purchase order, from invoice entry and verification to subsequent payment information.
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Mutual benefit: satisfied supplier and freed-up resources.
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