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.

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Labor Intensive

Is your AP team grappling with manual, error-prone invoicing and payments?

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Vendor Impact

Are paper-based processes frustrating your suppliers and slowing business?

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Time Wasters

Is too much time spent handling errors, exceptions, and missing paperwork?

Alejandro Gusis
“CFO of the Year” by Ardent Partners
“I was just approving invoices in our ERP system, I have to say
Corcentric Platform is infinitely better.”
invoice management

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
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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.

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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
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Payment Management

Achieve detailed payment management from purchasing cards to paid status, related to charge backs or payment amount allocations.

 

 

Replace Invoice Paperwork With Process Productivity

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Invoice automation removes frustration

84%

of AP professionals’ time
is spent bogged down by
a seemingly endless list of
manual transaction processes.

SOURCE: IOFM

62%

say exceptions remain the bane
of AP’s existence slowing processing
and creating bottlenecks that mute efficiency and effectiveness.

SOURCE: Ardent Partners

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

How Does Automated Invoicing Work?

Terms to use: automate, invoice approval

Which Invoice Processes Can Be Automated?

Terms to use: manual processes, purchase order, approval process, routing, business processes

What Are the Benefits of Automated Invoice Processing?

Terms to use: process invoices, manual data entry

What Invoicing Features Does Corcentric Offer?

Terms to use: approval workflows, invoicing process

What other functionality can help our AP Department?

Terms to use: AP Automation, procurement, accounts payable automation, templates, three-way

How are invoices captured and digitized?

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.

Related Invoice Management Resources