Digital transformation of
accounts payable
Automated invoice receipt
(e-invoicing)
Invoices are sent by deliverers or collected zlef through integration with supplier portals.
The huge amount of standards in invoice data (worldwide) makes it virtually impossible to standardize invoice reception and thus automate it.
With so-called e-invoicing networks, invoices in various forms and standards are converted to the recipient's desired standard. Suppliers can continue to send their invoices in unchanged form.
Read more about e-invoicing
Automated invoice processing (coding and approval)
As long as invoices continue to come in that are not linked to a PO or payment plan, straight-through processing of invoices will not be possible.
With smart coding and automated approval workflows with budget holders, accounts payable saves a lot of time with invoice processing.
Integration with procurement for automatic invoice processing (matching)
Invoices that do precede POs or payment plans are processed fully automatically. No AP employee or budget holder has to look at the invoice.
Thus, the case for running orders through a central purchasing platform. Bringing all spending under management, including indirect spend, not only benefits accounts payable.
Read more about automated procurement
Expansion with expense claims processing
Nice side benefit. If you have the invoice processing in order, then the flow of claims from colleagues can be added to the invoice flow.
With a simple app, colleagues can submit all receipts, travel expenses and credit card payments, and processing conforms to that of invoices.
Read more about expense claims processing
We use several dashboards to chart the accounts payable process. Like this dashboard that allows us to see the matching rate between fatuur and PO.
This dashboard provides insight into the overall level of automation of invoice processing. An overarching accounts payable dashboard to which KPIs can be linked.
This dashboard is provides insight into the actions performed in the process: where, what, when and by whom are they caused.
What does ICreative do
We are purchase-to-pay partner for organizations, institutions and governments. We feel particularly at home in large and complex administrations, such as the use of multiple ERP systems.
Change your mind about accounts payable automation?
