Effortless Invoice Processing.
When you’re dealing with an ever-growing number of supplier invoices, you’ll know that keeping on top of everything is a demanding task.
It’s clear that keeping on top of invoice processing is a demanding task for most finance teams. Without a simple and efficient system for managing your business payments and outgoings, invoice processing quickly becomes overwhelming.
What if technology could scan, categorise and file invoices automatically, and make them accessible to your approvers anytime, anywhere?
Introducing Verify, automated invoice processing…
Save a significant amount of time processing invoices
Reduce supplier invoice processing errors
Make your invoices easier to access and track
Avoid late supplier payment fees
Free up resources to concentrate on scaling up your business
Improve your financial reporting capabilities
Goodbye, manual invoice processing. Hello, Verify.
Verify is a transformative tool for Purchase to Pay Network members and finance teams, allowing you to automate key processes such as data capture, invoice coding and approval workflows, and financial tracking and reporting.
So how does it work?
It intelligently captures the header and line items from your supplier invoices, automatically matches to the relevant purchase order/s and routes any exceptions for approval. Where orders are not available, invoices are coded, routed for approval by fully customisable routes and automatically posted to your finance system.
Verify gives you the confidence that the data posted to your finance system is approved, correct and ready for payment. It allows you to maintain control throughout the process, knowing exactly where each invoice is and where it has been. Plus, Verify has flexible reporting capabilities, allowing you to create customisable accounts payable reports that are suitable for your specific business requirements.
Integrations.
Click through to your finance system for more information.
How Does The Process Work?
Extending to any type of document – electronic (Word, PDF and more) or traditional paper – automated invoice processing begins with intelligent scanning.
Key invoice fields are identified and captured, then data is sorted and categorised, following a set of pre-designated rules and logic. Invoice lines are automatically three-way-matched against your purchase orders and receipts to enable straight-through processing, saving your business a significant amount of time. If a receipt is now available, the invoice is matched to the PO before entering a matching stage. Should any information within an invoice be unidentified or inconsistent, it can be labelled as an exception and routed for manual approval. Once approval has taken place, an invoice is transferred to your accounts system for final payment.
Throughout the process, complete visibility is provided on the stage of each invoice, while posted invoices are archived within your chosen document, information or accounts management system.
And best of all, you can access the system at any time, from anywhere.
Read the Full Case Study”Verify is extremely straightforward to use, comes with no upfront costs and integrates directly with Sage 50. The process has become less stressful, more efficient, and has freed up our time to do more important tasks for the business… We’re loving it!
OwnerW. Liddy & Co Limited T/A McDonalds
Why Verify?
Free and Regular Updates – Anything from bug fixes to brand-new powerful features.
On Tap Support – Account Manager and software support included as standard and available Monday-Friday 9-5.30.
Simple Speedy Install – Only takes 3-4 hours and is completed by us, for free.
Unlimited Data Storage – Never worry about running out of space to store your invoices.
Integrations with Many Finance Systems – Whether you use a popular finance system like Sage or Xero, or an uncommon one, Verify can most likely link to it.
Expert Advice Always Available – Guided training is included in set-up and refresher training is available at no additional charge.
Watch the online Verify demo
Do you want to streamline your invoice processing activities?
Click below to book an in-depth demo with one of our Verify specialists.
Interested?
Harness the power of Accounts Payable Automation
Discover how Agilico’s Verify can support you on your journey towards digital transformation.
