AUTOMATING AP PROCESSES

AUTOMATING AP PROCESSES
InvoiceAnywhere℠ is a cloud-based solution that
eliminates the need for a sizeable upfront investment in
hardware and software. It involves a fast and easy set
up process and requires minimal IT commitment from
our clients. In addition to the exciting and elegant
process of automating vendor invoices, it provides
enhanced reporting and cash management services at
a fraction of the cost of other solutions.
InvoiceAnywhere℠ is a product of ExpenseAnywhere, a
global leader in integrated travel and expense
management automation solutions. ExpenseAnywhere
solutions are helping businesses of all sizes automate
and manage expenses, from small businesses to large
global companies, federal and state agencies,
manufacturing and pharmaceutical companies, and
colleges and universities.
To learn about our complete corporate spend
management solutions, or to schedule a demo please
call
412 858 1111
Vendor Invoice Management
Automation Solution
4099 William Penn Highway; Suite 600
Pittsburgh, PA 15146
Tel: 412 858 1111; Fax: 412 858 0102;
www.expenseanywhere.com
Powered by ExpenseAnywhere
©2013 ExpenseAnywhere, Corp
AUTOMATING VENDOR
INVOICE MANAGEMENT
In today’s competitive economic
business environment, companies and
organizations must focus on:
 Reducing
their
invoice
processing costs and increasing
efficiencies associated with
invoice
processing
and
approval.
 Streamlining the AP processes
for adequate cash flow and
greater control over payables
thereby maintaining liquidity and
sustaining business operations.
 Compressing
their
invoice
receipt-to-approval cycles for
increased interest in early
payment discounts.
WITH
INVOICEANYWHERE℠
YOUR ORGANIZATION
CAN
Reduce Invoice
Processing Cost By ~ 80%
Reduce Processing Cycle
Time By ~ 70%
Improve On-Time Payment
By ~ 75%
Increase On-Time Earning
Discounts Up To ~500%
Improve Supplier
Satisfaction By ~ 70%
InvoiceAnywhere℠
AUTOMATING YOUR BUSINESS WITH TOMORROW’S TECHNOLOGY, TODAY!
If your organization is like most other businesses you are
most likely processing your vendor’s invoices using the
centuries old system – paper. The more paper you
receive the more people you need. It is an endless cycle
of inefficient, error prone, costly manual processes!
Organizations using document management systems
are simply archiving the invoices. These static electronic
invoice systems aren’t much better than the paper
systems that preceded them.
InvoiceAnywhere℠ Features:
 On-demand Solution
 Single Sign-On
 Scan, Fax, E-mail Invoices
 Automatic Data Capture & Routing
 Electronic Coding
 Dynamic Approval Workflow
 Duplicate Invoice Check
 Avoids Lost Invoices
 On-time Approval & Vendor Bill
Settlement
 Dynamic Discounts
 PO Validation
 Invoice Status Tracking
 Accrual Reporting
100% OCR ACCURACY
GUARANTEED!!
AUTOMATING VENDOR INVOICE
MANAGEMENT
InvoiceAnywhere℠ allows for a streamlined, paperless
system that ensures accuracy and improves efficiency.
A built-in workflow eliminates manual data entry and
routing of hard-copy invoices for approval resulting in
reduced processing costs and faster approval cycles.
Integration with your corporate accounting systems and
one-click management information tools instantly
provide greater visibility into spend, provide improved
cash management, and increase your ability to
capitalize on early-payment discounts, all of which result
in impressive return on your investment.
 Built-in state-of-the-art technology automates
every step of the vendor invoice management
from receipt of invoices to payment, all
consistent with your company’s policies and
approval workflow.
Eliminates Manual Keying Of
Data
Seamless Data Flow
Real-time Data Management
No Alteration To Your ERP
System
HIG HLY INT U ITI VE , EA SY TO
USE AP PLIC ATIO N
Requires No User Training
Easy Navigation
Needs No Special Software To
Access
 Our proprietary digital OCR and intelligent
extraction technology eliminates manual keyingin of the data and automatically converts
scanned or e-mailed invoices into digital
representations for 100% validation accuracy.
 InvoiceAnywhere℠ automatically matches the
digital invoice against the purchase order and is
routed through the company designated
workflow for electronic coding and approval.
 ERP Integration
 Analytics & Charting
CUSTO M SO L UTIO N S
INTEG RAT ED W I TH
ALL E RP SY STEM S
Current market research shows that it can cost
up to $25 to process a single paper invoice.
With InvoiceAnywhere℠, your costs can be
reduced up to 80%.
That’s money in the bank!
E-BUSI NESS SOLUTI ONS
Complete AP Automation
No Upfront Investment
Short Implementation
Pay As You Use