Engineered from the ground up with accounts payable in mind, AP Automation for Oracle boosts your investment in Oracle by giving your staff flexible approval workflows, automated invoice processing, automated PO matching and much more.
Invoice Data Capture
Whether invoices are received as paper or email formats, the data is captured quickly and efficiently. Manual data entry is not required and can be completely eliminated.
AP Workflow
Using an automated workflow and a central dashboard, provides automatic invoice reminders for Oracle for PO- and Non-PO invoices. Approvers can view and approve invoices on a laptop, on mobile, and in email without learning a new dashboard system.
Have visibility into Accounts Payable balances and payment/approval status
“Drag & Drop” approval workflows, ad hoc routing
Approvals are made directly in email or on a mobile device
2 & 3-way PO matching
unique cascading engine matches invoices to purchase orders at the header or line level. In a “no match” situation, or if a non-PO invoice arrives, workflow takes over. Exceptions are flagged and the approver gets everything they need to reconcile.
Recurring Invoices (or Contracts)
Repeated invoices are matched to account numbers or contracts, posted to the proper charge codes and approved for payment through Oracle E-business Suite invoice processing automation. Reminders are sent when a contract is about to expire. If required, expenses are split between different departments.
Repeat invoices are matched to account numbers or contracts
Self-billing for contracts that do not have vendor invoices
Manages spending and renewal process
Archive & Audit
A step-by-step documented history of invoice transactions is recorded, including communications between internal staff and suppliers. solution for AP automation in Oracle creates a complete, searchable archive for reference and auditing purposes.
Faster audit process
Provides basis of objectivity for investigations
Raises compliance standards for the entire organization
