ERP Connectivity

Financial Management, not Document Management

Challenges	How Verian Can Help	Value/ROI
Limited visibility into accruals Inability to maximize working capital Incorrect GL account and project numbers Loose Sarbanes-Oxley compliance	Easy invoice status inquiry Detailed audit trail of every step of every transaction More accurate statement of liabilities Automated GL number validation through financial system integration	Better visibility into accruals so you can control cash outflows and better manage working capital Reduce auditor costs Lower risk of regulatory penalties

Invoice Automation is not a document imaging product, but it includes one. Verian approaches invoice processing from a data-centric — not document-centric — standpoint, with an emphasis on financial management.

With Verian's Invoice Automation solution, we take your existing financial system, and integrate with it to ensure data is kept in sync and passed seamlessly between the two solutions.

Verian's Invoice Automation solution can:

• Sync with your supplier master file and GL chart of accounts to ensure consistency and accuracy in invoice processing
• Pull in purchase order and receiving information to accomplish a 3-way match
• Pass invoice data to the system(s) used to make payments
• Upload payment data back into the Invoice Automation solution so you have a complete, closed-loop audit trail of the invoice's lifecycle