INVOICE MANAGEMENT AUTOMATION SOFTWARE
Increase productivity + accuracy by automating invoices
Streamline manual AP processes, improve invoice workflow and move away from tedious paper invoices.
Eliminate the inefficiency, risks, and costs of paper-based invoices
The cost to your company of manual invoice management can be measured by the amount of time wasted, errors not identified, payments delayed, and discounts not captured. Increase control over the entire payables process – from invoice receipt and approver responsiveness through invoice automation.
Labor Intensive
Is your AP team grappling with manual, error-prone invoicing and payments?
Vendor Impact
Are paper-based processes frustrating your suppliers and slowing business?
Time Wasters
Is too much time spent handling errors, exceptions, and missing paperwork?
Corcentric Platform is infinitely better.”
Invoice Management Automation
Resolving matching errors and exceptions requires great effort for many businesses. Eliminate redundant manual entries through automated invoice processing.
- Supplier invoice entry
- Automatic invoice matching
- Manual invoice matching
- Internal reinvoicing
Invoice Virtualization
Increase productivity by ensuring the highest level of data capture accuracy. Using machine learning and artificial intelligence you have the ability to scan, convert, validate, and transfer paper-based invoices into electronic images.
AP Entry + Allocation Management
Managing the books, Corcentric invoice automation generates accruals and AP entries during the purchasing process for real-time reporting and seamless integration with your ERP or accounting system.
Tax + Invoice Compliance Management
Easily adapt your financial accounting according to different country’s accounting requirements and methods globally. Corcentric integrates leading technologies for managing signature validations, invoice indexing. and invoice archival.
- SOVOS – e-invoicing compliance for signature validation and e-invoicing compliant archiving
- Xelians – receiving paper supplier invoices, indexing, and archiving for EU regulatory compliance
Payment Management
Achieve detailed payment management from purchasing cards to paid status, related to charge backs or payment amount allocations.
Invoice automation removes frustration
84%
of AP professionals’ time
is spent bogged down by
a seemingly endless list of
manual transaction processes.
62%
say exceptions remain the bane
of AP’s existence slowing processing
and creating bottlenecks that mute efficiency and effectiveness.
Platform-based
Invoice Automation
Scale AP productivity by up to 70% without adding headcount
Eliminate time spent on manual invoice matching and tracking down approvals
Eliminate duplicate payments and time-consuming bottlenecks
Digitize invoices to easily find and view their audit trails
Reduce invoice disputes and questions to a bare minimum
Elevate your accounts payable department to a strategic asset
Customers across industries leverage
our automated invoice capabilities
Invoice Automation FAQs
Terms to use: automate, invoice approval
Terms to use: manual processes, purchase order, approval process, routing, business processes
Terms to use: process invoices, manual data entry
Terms to use: approval workflows, invoicing process
Terms to use: AP Automation, procurement, accounts payable automation, templates, three-way
Terms to use: invoice automation solution, OCR
Take the pain out of your slow, manual, and costly invoice management
Learn how Corcentric can help you build a
business case
to win stakeholder approval.