Invoice Management Software

Replace paperwork with productivity

Eliminate the inefficiency, risks, and costs of
paper-based invoices and manual processing
with Corcentric Invoice Management

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…all of which impact your bottom line. Implementing Corcentric Invoice Management into Accounts Payable increases your control over the entire payables process – from invoice receipt and approver responsiveness through invoice processing productivity and payment. By accelerating the entire invoice stream you benefit from faster payments, which delivers time and cost savings, and smoother cash flow.

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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, Univar Solutions
“I was just approving invoices in our ERP system, I have to say
Corcentric Platform is infinitely better.”
invoice management

Invoice Management

Resolving matching errors and exceptions requires great effort for many businesses. Eliminate redundant manual entries and accelerate the invoice processing and validation circuits. 

  • 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 Management 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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Did you know?

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

Reap the benefits of platform-based
Invoice Management

Scale AP productivity by up to 70% without adding headcount

Free up time currently spent on manual invoice matching and tracking down approvals

Eliminate duplicate payments

Easily find and view invoices and their audit trail

Reduce invoice disputes to a bare minimum

Elevate your accounts payable department from the back office to a strategic asset

Customers across industries leverage
our invoice technology capabilities

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