SUPPLIER INVOICE AUTOMATION
AUTHENTICATE
Reduce risk of fraud with OnePosting’s security verification on all invoices
DATA CAPTURE
Extract data from invoices with
100% numeric accuracy
DATA VERIFICATION
OnePosting ensures that prices match purchase orders and quantities match deliveries
UPDATE
Invoice data is made available
to accounting software, BI,
stock receipt or ePOS systems with invoice data
Sign up today, and start processing over 90% of your supplier invoices electronically, as early as tomorrow!
CHOOSE HOW MUCH AUTOMATION YOU WANT
FULL AUTOMATION
Prices and quantities delivered are checked automatically, and if everything matches,
invoices are made available for payment
MANUALLY REVIEW
Inspect every invoice to decide whether to make it available for payment or not
PRICE CHECK
Prices are checked automatically, and invoices
are then submitted for
manual review
EXTRACT ONLY
Line level data is extracted from invoices without any automated matching, or
workflow approval on OnePosting
REDUCE COSTS
Many studies have been undertaken into the cost of processing supplier invoices without automation. Estimates range on average $4 to $26 per invoice in North America, and €3.25 to €17.60 in Europe, although some organizations have reported costs as high as $100 per invoice.
Studies show that the direct costs of processing supplier invoices can be cut by as much as 80%, but when combined with the additional benefits offered by automation, the financial benefit can range from 1% to 2.5% of turnover.
IMPROVE EFFICIENCY
- Free your team to focus on other areas of your business
- Ensure 100% transparency through data capture
- Eliminate missing or lost invoices
- Assign clear responsibility for approval
- Automate invoice approval
- Improve cash forecasting
- Process and retrieve invoices more easily
- Prevent duplicate and backdated invoices
- Avail of early payment discounts available
ENSURE 100% ACCURACY
Remove errors because only complete and accurate data is made available to your system.
With automated invoicing, you have complete visibility of how your organization spends money and inefficiencies associated with processing supplier invoices are removed.
REMOVE PAPER & HELP THE ENVIRONMENT
Every 8,400 pages received or printed consumes an entire tree. This is as little as 700 pages per month, which equates to 107kg of CO2 per year- just from supplier invoices!
WANT TO KNOW MORE?
Contact OnePosting’s dedicated team to discuss how we can help