Invoice Manager is a web-based
epayables application that allows invoice data to be captured
through standard entry, scanning or electronic transmission.
Invoice Manager then facilitates approval routing and dispute
resolution, plus provides highly relevant data for analysis
of spending habits and cash position.
Payback comes from eliminating paper flow, improving cash management, capturing discounts, avoiding late fees, and detecting duplicate bills and overpayments. Plus, the comprehensive audit trail puts your invoice processing in compliance with Sarbanes-Oxley Act requirements.
Invoice Manager is 100% Web-based software and can either reside on your organization's computers or on a 3rd-party's computers in a secure, "hosted" on-demand environment.
Highlights of Invoice Manager:
- Automate
your invoice processing and check requisition procedures
- Avoid
late payment fees and adhere to the early payment discounts Purchasing negotiated
- Gain
control over a greater portion of your organization's
expenditures
- Track
expenditures against specific project budgets
- Maintain
a complete audit trail of transactions for compliance
with funding source and other regulatory guidelines, such as Sarbanes-Oxley
- Hold
employees more accountable for approving or denying invoices
for payment in a timely manner
- Reduce
the number of employees who circumvent your organization's
purchasing process
- Automate
the invoice approval routing process
- Set
up vendor-specific payment terms, dates and payment methods
