Invoice Management Software
Switching to an electronic invoice management solution can offer impressive benefits. It can boost user satisfaction and ensure adherence to best practice. An organisation processing 50,000 invoices a year can save an impressive £80-£90k in the first year alone.
At Advanced Business Solutions, we know that there is no right or wrong way to implement electronic invoice management. It depends on the culture of your organisation, your supplier mix and your procurement strategy. That’s why we advise on the best technology, approach and pace for your organisation.
Our invoice management capabilities
Our Smart Procurement Suite provides a range of options to help you manage and control the receipt, matching, authorisation and payment of supplier invoices.
Automated invoice receipting and matching
We can help you significantly reduce the time and money spent on registration, reconciliation and authorisation of purchase invoices. Highly flexible, our technology uses the latest electronic receipt, automated matching and electronic routing functionality.
We are at the forefront of invoicing and eInvoicing solutions. We offer a number of options for supplier invoice receipt and automated matching to suit different needs. This includes:
- Cloud invoicing, for a supplier-friendly way to send and receive electronic invoices
- eInvoicing as an end-to-end service, where we manage all inbound invoices and provide 100% electronic invoices to your accounts payable system
- Electronic XML invoice receipt, with automated matching of invoices directly from suppliers or from third party bureau services (such as IMPAQ, OB10 and various eMarketplaces)
- Optical character recognition (OCR) scanning via the document management solution
- Paper receipt and barcode scanning via the document management solution
- Full self-billing functionality from goods/service based receipting
- Manual paper receipt and entry either directly into the core financial management system or via remote entry through the supplier self-service functionality
Want to know more?
You can download more information from our resources area. Or you can call us on 0845 160 6162 and we can help you determine the right solution for you.
Request more information on our Invoice Management Solutions
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We can help you find the right solution for your sector
"We have made significant savings in terms of our purchasing process and also improved control of spending. The time taken to process orders and payments has been greatly reduced, through our automated purchase to pay (P2P) process."
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Principal Systems Development Accountant,
Newcastle City Council
"We were impressed by the Advanced team and are now looking forward to working with them to implement the new e5 system."
Arun District Council