Transform Accounts Payable into a Streamlined and Focused Operation
Manual invoice processes are labour intensive and time-consuming. They can lead to late payments, missed discount opportunities, and unhappy suppliers. Automating invoicing processes enables AP to increase savings and promote supplier relationships by managing supplier invoices quickly, securely, and in a compliant manner.
BravoAdvantage Invoicing optimises the financial value of Accounts Payable to an organisation by automating the invoicing process which improves buyer/supplier relationships, reduces transaction time and cost, and improves visibility into cash management.
Streamline Accounts Payable and Make Paper Disappear
- Ability to handle PO-based and Non-PO invoices
- Electronic invoice submission and PO flip
- Invoice reconciliation (3 way matching)
- Exception disposition processing
- Dynamic approval workflow rules
- Advanced reporting
- Integration with Accounts Payable
BravoAdvantage Invoicing Product Overview
BravoAdvantage Invoicing features enable you to improve invoicing costs, align procurement and AP, and integrate payment to complete the procure-to-pay process. Features include:
- Invoice Receipt – invoices can be received automatically from BravoAdvantage Procurement, entered online, or via electronic format (XML, EDI, Excel).
- Matching – automated 3-way match of the order, receipt, and invoice. Exceptions are quickly identified and presented to the user for resolution.
- Approval – automated approval workflows for matched, unmatched and invoices pending resolution.
- Payment – upon invoice approval, the invoice is sent to preferred payment service.
Connect with a BravoSolution Professional
Learn more about BravoAdvantage and how we can help unlock your organisation’s hidden value and savings throughout the procurement process.