why invocus
At Invocus, we don’t
just offer a solution

At Invocus we don’t just OCR the problem,
we deliver financial happiness

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FINANCIAL NIRVANA FOR EVERYONE IN YOUR VALUE CHAIN

 

Our chief goal is to enable every stakeholder in your value chain – from the AP manager, controller and treasurer to procurement leaders, business leaders, CXOs, and the suppliers and vendors – to experience true financial nirvana.

We accomplish this through well-streamlined and automated invoicing process that helps you manage your entire accounts payable cycle in a highly effective and efficient manner.

DON'T JUST OCR THE PROBLEM. SOLVE IT!

 

Dealing with piles and piles of paper invoices and manual processes can hit you hard in terms of effort and cost. Have you been spending precious time, money and resources on Optical Character Recognition (OCR) tools to tackle this challenge? Perhaps, it is time you changed course, as taking the OCR route might no longer be a strategic move. We, at Invocus, can enable complete automation, and help you realize the true benefits of touchless and paperless invoicing through:

Real efficiencies, not just empty file cabinets

Say goodbye to manual processes like scan and capture, and build a culture of efficiency not just within your AP organization but across the value chain. With our eInvoicing solution, you can also confidently process larger volumes of invoices, and drive scalability to fulfil growing demands.

Real efficiencies, not just empty file cabinets

Easy exception handling

Overwhelmed by slow and cumbersome manual matching processes? Invocus’ Invoice Matching Software can help you breathe free by enabling automatic matching of invoices with purchase orders (POs) and receipts. This means, you can now route non-matching invoices for quick review and resolution, eventually saving costs and expediting payments.

Easy exception handling

Seamless non-PO invoice processing

Contracted and non-contracted Non-PO invoices often add to your existing invoicing challenges. But we remove all complexities, helping you process these invoices with greater ease and accountability. Our solution enables digital creation, receipt and coding of invoices for faster approvals and payments, with greater accuracy and reduced costs.

Seamless non-PO invoice processing

IMPROVE SUPPLIER RELATIONSHIPS

 

You cannot drive business transformation just by optimizing internal processes. Your suppliers and partners also need to be on the same boat, sharing your vision for excellence, and embracing your best practices to deliver high quality. That is why building strong supplier relationships become crucial for your sustained success. By partnering with us, you can enable suppliers to automate processes, and break through the vicious web of inefficiency. Ultimately, you can build trust, and reduce churn by:

Stress-free supplier onboarding

The Invocus solution comprises a user friendly, self-service portal with flexible and conditional approval workflows. Suppliers can enjoy the advantage of compliant onboarding, without paying any fee, irrespective of the transaction volume or value.

Stress-free supplier onboarding

Smoother information flows, greater transparency

Provide suppliers increased visibility into payment statuses and discrepancies through timely updates and configurable alerts. You can thus deliver increased certainty and predictability.

Smoother information flows, greater transparency

Timely payments

Gain suppliers’ confidence by expediting payments and reducing their days sales outstanding (DSO). Eliminate errors, and lower the volume of dispute-resolution phone calls. Enable better cash flow control for your suppliers.

Timely payments

ENABLE CROSS FUNCTIONAL COLLABORATION

 

Accounts payables cannot function as an isolated island. Our solution is designed to enable a cross-functional approach across functions. We help your AP organization to actively work with other internal functions including the treasury, procurement, and corporate controller to achieve collective success, with a shared passion for broader enterprise objectives and goals by ensuring:

Data and insights at your fingertips

Our solution offers instant access to key metrics such as invoice processing cycle time, days payable outstanding, discounts captured, and spends by supplier. By leveraging these, everyone, right from AP managers to the treasurer, controller, and the CFO, can drive continuous improvement, and deliver strategic business value.

Data and insights at your fingertips

Effective financial compliance

With the Invocus solution suite, you can easily ensure smooth and accurate audit trails, eliminate duplicate invoices, regularly update supplier details, and establish consistent and standard payment terms. This will help all your internal functions to establish better controls, and effectively adhere to key financial compliance requirements.

Effective financial compliance

Maximized savings for all

By adopting our automated solution, your AP organization can collaborate with the treasury and procurement functions to customize dynamic discounting programs based on supplier categories and types of invoices. You can maximize savings from the various discount programs, and eventually strengthen capital efficiency.

Maximized savings for all

Savings Calculator  Based on The Hackett Group benchmark

Savings Calculator Based on The Hackett Group benchmark

Calculate the potential savings you can realize by embracing the Invocus solution

GIVE YOUR ENTERPRISE THE INVOCUS ADVANTAGE
CONNECT WITH US NOW.

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