Accounts Payable Automation with Webexpenses
Fast, simple and secure reimbursements.
Webexpenses has more than 250,000 users with its services being used across 70 different countries. With over 1,500 clients, the companies using Webexpenses range from fresh new start-ups to global corporations.
Accounts Payable Automation
Webexpenses Invoice Processing provides much faster processing times by removing up to 90% of manual handling tasks. The result: fast, simple and paperless invoicing.
Finance teams benefit from real-time visibility over the life-cycle of supplier invoices, providing greater control and accelerating the approval process.
Features
Automated data capture
OCR technology makes uploading invoice data simple – automatically matching details to your suppliers.
Maximise efficiency
Template your tax code and approver settings for instant matching – removing the need to manually rekey information.
Quick delivery
System automatically identifies the right approvers for each invoice – coded invoices instantly ready to be viewed and approved online.
Integrated processing
Validated invoices are delivered directly into your accounting software, including a reference number to ensure full visibility and audit trail.
Multi-format support
Easily process, upload and track a variety of invoice formats including PDF, Excel, Word and even paper-based
invoices.
Benefits
- Save time – Dramatically reduce your invoice processing time, enabling your team to work more efficiently – reducing resource overhead, paper chase, and manual data.
- Paper free – Enjoy a 100% paperless system, removing the inefficiency of manual processes and the costs of postage and printing.
- Visibility and control – Gain access to detailed, real-time invoices and reporting for full visibility.
- Effective management – Faster processing and access to data provides managers with the data needed to make informed decisions on budget and spend.
- Simplified workflow – Automated communications make sure everyone knows what tasks need doing. Alerts can be set to flag overdue payments and notify the relevant approvers.
- Anti fraud – System checks bank accounts on invoices against the supplier information to ensure payment into correct accounts.
How it works?
- Work teams require the sign-off, approval, and processing of invoices to be simple and accessible. Webexpenses Invoice Processing does that – eliminating up to 90% of manual accounts payable (AP) processes. The system provides greater control and faster processing from any location. Finance teams benefit from real-time visibility over the life cycle of supplier invoices.
The result: simple, automated paperless invoicing – from anywhere. - The invoice processing software provides greater control, accelerates your approval process, and eases AP tasks from start to finish.
- The integrated purchase order (PO) automation and supplier brings greater control and faster processing. With the two working together, budget holders will also gain real-time visibility over their department and improve relationships with suppliers.