Exception Handling Made Easy
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Exception Handling Made Easy

With quick and accurate matching,
bid goodbye to your worries about exception handling

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Exception Handling Made Easy

 

With quick and accurate matching, bid goodbye to your worries about exception handling

Invoices with exceptions can often be a major drag on your AP organization, especially with regards to costs. Slow and cumbersome manual matching processes often lead to avoidable losses, payments for unapproved purchases, and late payments. Apart from being burdened with high operating costs, you also lose the opportunity to enjoy favorable payment terms. To add to this, you are almost always left with unhappy suppliers.

 

Key Challenges

  • exception handling
    Increased time taken for coding, approving, and mailing invoices, due to lack of automation
  • exception handling
    Manual validation of business rules for matching against every invoice received
  • exception handling
    Failure to identify errors in invoices during the matching process
  • exception handling
    Significantly high cost of processing, and inability to ensure straight through processing

 

Are exception invoices slowing you down? Time to embrace automation. Match faster with increased accuracy, eventually reducing the invoice processing time, and making timely payments

Fast track your invoice processing. Get the Invocus advantage

 

We at Invocus simplify your exception handling process by minimizing human intervention. Our Touchless Invoice Processing Suite comprises a robust Invoice Matching Software that enables automatic matching of invoices with purchase orders (POs) and receipts. With our solution, you can easily define tolerance and routing rules. Based on these rules, the solution immediately flags and routes non-matching invoices for quick review and resolution.

 

For more insights into what we can help you achieve: View our demo

 

Tangible benefits

  • Dramatically reduce the time and effort as well as administration and processing costs
  • Leverage accurate data on matching discrepancies in invoices received to improve decision-making
  • Make improvements in tolerances for various categories; easily modify business rules

KEY FEATURES OF OUR SOLUTION

 

Intelligent and automated

  • Automated two or three way matching of price, quantity and automatic checks on applicable payment terms

Compliant and flexible

  • Comprehensive set of matching tolerances which one can configure for invoices, based on business rules

Detailed and reliable

  • Reliable detailed line-level reasons for exceptions that enable you to focus on processing rather than digging for information

See E-Invoicing In Action
 
Our Solution Consultants will show you the power of AP Automation, discuss use-cases, and help your business transform payables into strategic assets.