What does it do?

Supplier Invoice Management is a tool designed to streamline accounts payable processes, working alongside ‘Hyperautomate incoming vendor invoices‘. The ‘Hyperautomate incoming vendor invoices’ solution, automates invoice scanning and processing, reducing manual efforts and interruptions for employees.

The Supplier Invoice Management system monitors incoming invoices in realtime, providing visibility into workflow status, attachments, task owners, and reasons for SAP ERP integration delays. Users can filter invoices by supplier, invoice number, payment reference, task owner… enhancing transparency and efficiency in invoice management. Overall, Supplier Invoice Management simplifies accounts payable tasks, promoting smoother operations and improved workflow management.

 

Business challenges

  • Consolidate historical invoice data and process information into a centralized platform
  • Understanding past invoice processing workflows and bottlenecks
  • Understand the entire invoice processing workflow
  • Identify bottlenecks, inefficiencies, and areas for improvement
  • Managing a high volume of invoices manually can be time-consuming and error-prone
  • Ensuring the accuracy of data entered into the system is crucial for financial reporting and decision-making. Manual data entry increases the risk of errors, which can lead to discrepancies and delays in payment.

 

Key features

  • Real-time invoice monitoring
  • Visibility into workflow status & owner
  • Invoice filtering on various criteria
  • Download invoice attachments

 

Benefits

  • One-stop monitor for Supplier invoices with real-time data
  • Improved workflow management
  • Increased transparency for process owners
  • Filter invoices based on various criteria such as supplier, invoice number, payment reference, and task owner.
  • Establish increased accountability accountability among process participant
  • Get insights into reasons for SAP ERP integration delays, enabling users to identify and address issues promptly.
  • Simplifies accounts payable tasks

 

Technology

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