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Automated Invoice Matching: Reduce Matching Cyle Times, Increase ROI

Sponsored By Sutisoft Inc.

Topics:: Accounting; Business Software > ERM

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Abstract:: Automation of the invoice matching process makes matching more visible, accurate, and reliable, reduces processing costs, increases ROI, and eliminates paperwork and human intervention. The time saved can be used to perform additional tasks in the company. No human intervention helps reduce the possibility of fraud and duplicate payments. The resolution of unmatched invoices is more transparent and reduces the burden on Account Payable employees to answer supplier enquirers.

SutiAIM eliminates the need to capture details into the invoice matching system and resources required to perform matching tasks. Built-in approval functionality eliminates the time delays in approving invoices and sending for payment. The reporting capabilities of SutiAIM allow you to view the supplier's performance and efficiency based on matched and unmatched invoices. The supplier portal makes interaction between suppliers and your accounting department seamless.

DETAILS

Sponsored by: Sutisoft Inc.

Released: June 03, 2010

Length: 10 pages

Format: PDF (691 kb)

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