Automating processing of invoice
Hello to all procurement experts,
I'm looking for an effective way to automate the processing of invoices which can save lot of time both to our AP and Procurement team. I also see this as an enabler for data analysis in future.
Please suggest any system/software/solution provider that you are currently using or have used in the past which has functionalities like 3 way matching, integration with ERP and many other intricacies.
Also, which ERP and data analyst tool's marriage do you think is the best?
Thanks for your time.
As for automated invoice processing, you can find numerous solutions online. But a good software solution should help you reduce costs and improve the accuracy of your data.
Tradogram ties procurement and accounts payable really well, check it out here: https://tradogram.com/
We at Flologic Automation Pvt. Ltd. offer AP Automation solution to deliver straight-through processing of supplier payments. It provides deeper insights into budget adherence, outstanding obligations, and supplier retentions thereby enhancing compliance, reducing cost and improving convenience.
For more information visit www.flologicautomation.com/rpa/procure-to-pay/
You can you an RPA(Robotic Process Automation) tool such as UiPath to automate your AP and Procurement processes.
Corcentric offers an AP automation solution that provides total visibility into your invoicing and payment processes and reduces processing costs by as much as 80%. https://www.corcentric.com/accounts-payable-automation/