A wide variety of supplier invoices are received, in multiple formats meaning processing these documents is labour intensive, repetitive and often subject to errors, exceptions, workarounds and delays caused by reconciling discrepancies and locating information, all of which diminishes productivity. With inSTREAM’s IPA, these tasks can be streamlined through automation, delivering a smarter, more efficient process, reducing the amount of manual effort required, improving processing time and reducing cost.
Key Benefits
- Faster processing time leading to early payment discounts and enhanced supplier relationships
- Higher levels of data accuracy and identification of non-compliant invoice submissions
- Detailed MI reports providing full visibility of invoices and company expenditure