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 Invoice Automation

What is it?

Invoice Automation solutions quickly solve the problems Accounts Payable departments face today — inefficiency, slowness, inaccuracy, limited visibility and poor controls.

Invoice Automation solutions provide organizations with the tools needed to reduce the effort, cycle time and errors in processing inbound invoices while increasing visibility and control over payables.

Invoice Automation, Invoice Capture, Approval Workflow

 

Most vendors make the same claims about their solutions' capabilities. They all handle these three functions:

What makes Verian's Invoice Automation solution different?

Only Verian's Invoice Automation solution can do the basic functions of automating invoice processing and reconciliation plus:

  • Easy exception resolution
    • Intelligent discrepancy routing and management
  • Financial management focus
    • Data-centric, not document-centric
    • Built-in accrual reports and dashboards
    • Discount management capabilities
  • Modular, Purchase-to-Pay suite
    • Additional "best-of-breed" modules for eprocurement, expense management, and asset lifecycle management
    • Capture and analyze 100% of non-payroll spending in a single database
  
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© 2004 Verian Technologies
  
   For more information on Verian's Invoice Automation solution, click here.

  
  

    According to Henry Ijams, Managing Director at PayStream Advisors:

    "It's no secret that discrepant invoices clog AP processes and zap productivity. Verian's Invoice Automation solution delivers fast ROI for AP departments by accelerating discrepancy resolution times."

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