WebReq Supplier Invoices helps to streamline your work by providing 3 way matching and offers a multistep invoice approval process.
WebReq Supplier Invoice processing can be used in conjunction with the rest of the WebReq Purchase to Pay process or stand alone.
This multi-step process can electronically capture documents, automatically convert them into attachments on Supplier Invoice entry, create workflows to govern the approval life-cycle and integrate the data within the WebReq system for future retrieval. No paperwork involved!
- Minimize the time and effort it takes to process Supplier Invoices.
- Reduce manual data entry and associated errors.
- Increase visibility throughout the entire Purchase/Payment process.
- Invoices are indexed by a number of fields to make search and retrieval of data much simpler.
- Online storage and search facility helps with:
– Eliminating lost or mis-filed documents
– Reducing document storage costs
– Secure Storage
- Improve reconciliation processes.
- Complete approval without any additional paperwork.
- Security levels to give the appropriate access to the right people.
- Tracking of unapproved invoices at any time (by Supplier, Approver, value etc).
- Audit trail of the process and approval steps.
- Simplify exception processing when invoices aren’t matched to Purchase Orders or aren’t coded correctly.
- Automation of invoice processing reduces your reliance on paper forms, emails, faxes, and documents.