Give finance more time for the exceptions.
A finance and procurement case describing a connected invoice process that links invoices, purchase orders and receipts before payment approval.
CASE OVERVIEW
THE CHALLENGE
Accounts teams spend time re-entering invoice information and checking it against purchasing and goods-receipt records. Mismatches can delay approvals and obscure payment priorities.
THE SOLUTION
MAXERP can connect invoice data capture, two-way or three-way matching and confidence-based routing. Transactions meeting configured rules can follow a streamlined approval path; discrepancies are highlighted for staff review. Payment planning can use agreed terms and cash-flow information.
HOW IT WORKS
A connected path through the work.
The sequence below reflects the process described on the official case-study source.
- 01
Capture invoice data.
- 02
Match invoices against purchase orders and receipts (two-way or three-way matching).
- 03
Route based on confidence; transactions meeting configured rules can follow a streamlined approval path, while discrepancies are highlighted for staff review.
- 04
Use agreed terms and cash-flow information for payment planning.
CAPABILITIES USED
The connected capabilities in view.
Invoice data capture
Two-way or three-way matching
Confidence-based routing
Configured-rule approval paths
Discrepancy highlighting for staff review
Payment planning using agreed terms and cash-flow information