Match your Accounts Payable Invoice Automation (APIA) system to your inbound invoice integration capabilities
Developing a straightforward inbound invoice process depends on adopting the latest technologies. Existing practices, such as OCR and email exchanges, are no longer satisfactory. What’s more, document interchange gaps can cost valuable time and money while simultaneously weakening supplier relationships. Compleo can help you automate Accounts Payable task to eliminate backlogs, optimize your DPO, and better manage inbound invoices. This can in turn lead to a higher AP turnover ratio for your teams.
As businesses scale up and staff cope with numerous inbound invoices, bottlenecks tend to appear. This can be due to OCR limitations and traditional network/human exchanges. When you automate Accounts Payable workflows, you guarantee that each invoice is delivered and managed on time, including invoice exceptions, building trust and increasing suppliers’ confidence.
Have you been looking for a smarter way to integrate all incoming invoices? Now you can leverage document standards (EDIFACT, GS1, X12, and XML) with SaaS technologies to help fix bottlenecks. Get the most from your existing investment by introducing a flexible inbound invoice workflow with Web EDI.