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Invoice Workflow

Save time, reduce costs and improve customer and supplier relations

Invoice Workflow

Paper-based business-to-business invoice processing can be expensive. In fact, in a study of 320 enterprises it was estimated the average cost of processing a single paper invoice was approximately £10.00 ($16.00)!*

If multiple departments and staff are involved in the authorisation chain, not only can the paper-based process be costly, it can also be labor intensive and error prone. As a result, invoice reconciliation is slow, relationships between you and your suppliers and customers deteriorate, and managing cash flow becomes difficult.

The simple solution to these and many other invoice processing problems you may face is to replace your paper-based system with an electronic alternative.

Invoice Workflow diagram

Invoice workflow solution providing central access to purchase order, invoice, remittence, delivery note and payment documents for all departments

IDS have a range of invoice workflow solutions that could benefit your business in many ways:

  • Improve the productivity of your accounts payable team.
  • Reduce your invoice approval cycle and reconciliation.
  • Eliminate "lost" and duplicate invoices.
  • Reduce invoice processing errors.
  • Provide fast and easy access to invoice documents from any location.
  • Improve discrepancy resolution.
  • Improve customer and supplier relationships.
  • Improve the visibility of all documents and processes allowing you to better manage the entire system.
  • Regain control of your cash flow.
  • Reduce the footprint of paperwork in the office.
  • Save time and money!

IDS invoice workflow solutions can integrate seamlessly with your existing enterprise resource planning (ERP), customer relationship management (CRM), supply chain and finance systems, including SAP, Oracle JD Edwards Enterprise One, and Oracle E-Business Suite. Not only that, if your business is regulated, our solutions can provide comprehensive tracking, auditing and activity logging, all within a secure yet accessible environment.

To make certain you quickly start and continue you benefit from a new invoice workflow system, our integrations team will work closely with you from conception to integration and beyond.

No matter what your invoice processing requirement, IDS has the skills and experience to deliver exactly what you need, on time and within your budget.

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Find Out More

Contact us now to find out more about an IDS invoice workflow solution, or visit the LaserNet and Transform pages

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*Study

Study performed by the Aberdeen Group on 320 enterprises across multiple industries and geographies between November 2006 and March 2007.

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Copyright Funasset Limited 2017
Web: funasset.com / Email: info@funasset.com / Tel: +44 (0)1823 36586

Copyright Funasset Limited 2017
Web: funasset.com / Email: info@funasset.com / Tel: +44 (0)1823 365864

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