Why choose an Accounts Payable Automation Software
To Work Smart. To Collaborate Better. And To Save More.
- Relieve your desk from the clutter of paper invoices and make your accounts payable function smart
- Empower all the internal and external stakeholders with visibility across the invoice lifecycle and help them collaborate better
- Automate your accounts payable function to get more time to analyze and monitor your payables pipeline rather than worrying about checking errors and answering supplier inquiries
When you want to optimize your cash management, visibility across invoice processing cycle can transform your AP function into a strategic and operational power-house. This is a state every AP department can achieve. Accounts Payable Automation streamlines your end-to-end eInvoicing process by enabling touchless processing and at all times providing visibility into the payables process, thus empowering you to improve cash-flow by capitalizing on early payment discounts.
Invocus is a SaaS based end-to-end e-Invoicing and accounts payable automation software solution which has been designed scientifically keeping in mind the needs of accounts payable teams in today’s globalized economy where the need for centralization, standardization and efficiency is a high priority. Invocus’ robust software features and modules such as Supplier eInvoicing Portal, Invoice Processing Automation and Discount Management not only helps you manage various portions of your accounts payables cycle in a smarter way but also enables your suppliers to transmit electronic invoices while having the visibility across the invoice lifecycle.
How our Accounts Payable Automation Software can help you
Invocus helps you meet your specific accounts payable objectives, so that you gain the efficiency and control over the end-to-end invoice lifecycle. All this helps in:
- Reducing supplier inquiries by up to 60%
- Cutting your invoice processing costs by up to 60%
- Shortening you invoice processing cycle times by 30%
- Increasing the first-pass invoice match-rate up to 90%
- Taking the on-time payments up to 90% of all your payables
Invocus can be your trusted partner in automating and building your accounts payable process for a better tomorrow where managing your payables becomes effortless and information is available at your fingertips. This helps your finance department in better cash forecasting and in optimizing the working capital.
Invocus Solutions Across The E-Invoicing Process Cycle
Supplier Information Management
Self-Service Supplier Portal
No Paper. No Calls.
Invoice matching & workflow solution
- Digitize paper invoices for greater AP efficiency
- Centralize receipt of invoices from multiple sources into one platform
- Configure invoice matching and approval workflow according to business rules
- Transact business electronically with all supplier tiers
- Provide visibility to internal as well as external stakeholders on invoice processing status
- Remove supplier adoption barriers - no fees but full support
- Capture early payment discounts
- Find time for devising payables strategy
- Focus on analytics, reporting and archiving with greater ease