He/she will oversee the entire implementation process while our AP Account Manager will provide post-implementation support. An Invoice Automation consultant will be there every step of the way to identify the scope, confirm and execute the solution with you. Invoice automation is the use of technology to collect, verify, and deliver invoice data to an organizations ERP or accounting system, match it with. This collaborative approach helps you maximize efficiency while meeting your company’s specific business needs for AP optimization. We will analyze RPA applications in accounting, business benefits from their. In this article, you will explore the capabilities of robotic process automation (RPA) for optimizing the invoicing workflow. They use their AP and treasury knowledge to help you determine the right solution for you. With invoice process automation, enterprises can address those issues, streamline the invoicing workflow, and reduce operational costs. Work with a dedicated team of specialists: PNC has a team of AP automation consultants who are procure-to-pay certified by the IOFM. These reports can be exported for further analysis into spreadsheets. Reports can be filtered, allowing you to drill down into the details of specific invoices. Invoice automation refers to the process of using software and technology to streamline and simplify the management of invoicing tasks. Real-time data at your fingertips: Invoice Automation offers a suite of real-time reports that allow invoices to be tracked by many data elements such as status, due date and vendor. Our application enables two- and three-way purchase order matching, automated general ledger coding, development of company-specific workflows based on access privileges of users and their specific role in the company. Invoice Automation can make the transition to an automated invoice processing platform as seamless as possible. Your invoice images will be data captured and loaded into PNC’s Invoice Automation system.Ĭonfigure workflow to your needs: No two companies are the same. Eliminate paper and reduce invoice processing expenses: With centralized invoice receipt, PNC can accept any type of invoice (paper, email or EDI).
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