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.
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?
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
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 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
Payment Management
Achieve detailed payment management from purchasing cards to paid status, related to charge backs or payment amount allocations.
Did you know?
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.
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.