Invoice Automation
Discover Invoice Processing Software from Ivalua
Discover Ivalua Invoice Processing Automation
Invoice Automation empowers your Process for Payment of Invoices
Remove of overhead of supplier invoice payment queries with Supplier Self-validation and Matching
One-click invoice approval, receipts and exceptions to streamline the journey
Line level multi-tax treatment and budget allocation templates that reduce effort
What is Invoice Automation?
Invoice Automation unlocks the power of your Accounts Payables team by hitting new heights in automated invoice processing. Digital invoicing software utilizes smart matching within one-click workflows that manage line level allocations and tax treatment automatically.
Discover Ivalua’s Digital Invoicing
We have a strong partnership with Ivalua and continue to generate value. With Ivalua we have achieved 100% digitization across all procurement processes and have been able capture a tremendous amount of savings.
Sylvie Robin Romet
Chief Procurement Officer
Crédit Agricole
Powerful Invoice Automation Capabilities
Smart Matching
Invoice Automation offers unparalleled automated invoice processing
- Automatic invoice matching from suppliers to master data
- Automatically validates Purchase Orders lines to the Invoice
- Enables non-PO Invoices be matched to Contracts
- Drives Invoice compliance with auto receipting on approval
- Improves efficiency by allowing the PO number to be added
Supplier Self-Service
Invoice Automation reduces the effort handling supplier queries
- Saves time by allowing the supplier to self-validate content
- Improves touchless AP processing with Supplier self-matching
- Lower exceptions rates by allowing the Supplier to tag the buyer
- Allow supplier to trigger receipting to automate Invoice approval
- Reduce master data costs by collaborative change with the supplier
Exception Management
Invoice Automation reduces the number of process exceptions
- Reduce approval time with one-click approvals within emails
- Lower errors by allowing the Supplier to tag the buyer
- Allow buyers to receipt good and trigger auto Invoice approval
- Smart non-PO handles allows missing PO’s to be appended, not rejected
- Smooths out compliance with a full audit trail of all activity
Tax Compliance
Invoice Automation streamlines Budget & Tax Treatment
- Automatically allocates multiple Tax rates at the Line Level
- Enables multiple budget allocations at the Line Level
- Reduces allocation effort with user managed templates
- Handles allocation of non-PO Invoices at the Line Level
- Seamlessly interacts with 3rd Party Tax engines or ERP updates
Benefits of Invoice Automation
Ivalua has embedded smart matching into the Invoice Automation journey allowing every data reference point to be used in the Invoice matching process. All content from the supplier master data, order, receipt or the contract is used to guide the matching engine and improve straight-through process rates.
As well as reducing supplier queries, by utilizing the supplier’s credit control team to self-validate and even self-match before submission. The result is a top performing Accounts Payables team:
- Increase in Automated Invoice Processing Rates
- Reduction in Supplier Management Costs
- Higher number of Invoices Processed per Team Member
Related Resources
Invoice To Pay Datasheet
Save 54% on Invoicing Costs and Remove 50% of Supplier Management Costs