Our Invoice Automation Module can stand alone or comes as part of the Accrualify Spend Management Platform. This simple module lets your finance team set approval workflows to match company policies, helps match invoices to purchase orders, and through our OCR technology, automates the invoice input process.
Invoice collection and workflow automation for easier processing.
Easy to use.
The intuitive interface of the Invoice Automation Module means little to no training is required to get your team effectively and efficiently processing invoices.
Automated data entry.
Invoices can be submitted two ways.
Vendors can login to our free Vendor Portal and easily submit invoices. They simply fill out a form and attach their invoice. If all fields on the form are left blank, the module will add in data through OCR text recognition and machine learning from whatever invoice format your vendors uploaded.
Alternatively, vendors can submit invoices via email. Simply forward invoice emails sent to your AP alias to a new alias created for you. Our platform will take these invoices and batch process them nightly using our OCR technology.
Accepted invoice file types include:
- JPG, JPEG
Build and customize approval workflows based on rule sets, multiple approvers, teams, and more. Have the flexibility you need to assure invoice approvals match company best practices, all with an easy-to-use workflow builder.
If your company has subsidiaries overseas, the Invoice Automation Module will allow you to input invoice amounts in foreign currencies and sync those amounts automatically to your ERP system.
Nothing is more worry inducing than an audit. Reduce your audit fears by having the Invoice Automation Module automatically match invoices to purchase orders for transparent spend trails. Add in the Accrual Module and Payments Module to match payments to invoices to accruals to purchase orders for a complete spend picture.
Automatic ERP sync.
All Accrualify products automatically sync with all tier-1 ERP systems, reducing manual input, duplicate data, and human error. Some of the tier-1 ERPs Accrualify syncs with include:
- Microsoft Dynamics
- Sage Intacct