How ASPEN 360's AP Imaging and Workflow Automation Works | Invoice Workflow
ASPEN 360 Accounts Payable Edition provides an online view of invoices throughout the review, approval and payment process. Invoices are scanned, indexed and stored in a centralized repository, then routed electronically to the appropriate person for approval based on existing business rules. These invoice automation rules can incorporate notifications of duplicate invoices, route invoices above a certain dollar amount to particular staff, create and maintain approval timers, and perform workload balancing. Workflow alarms and notices speed approval times by alerting users as invoices arrive and when time limits for review and approval are exceeded.
ASPEN 360 Accounts Payable Edition
AP Automation Process
Invoice Virtualization Center
The ASPEN 360 Invoice Virtualization Center separates paper from the process, enabling ZeroTouch Invoice Processing.
SmartRouting
Invoices are automatically routed throughout the organization based on existing business rules, resulting in:
Faster approval and accelerated turnaround time
Ability to handle up to 70% more invoice volume without adding to staff
Elevation of Accounts Payable processors to Knowledge Workers
ASPEN 360's SmartRouting streamlines the movement of invoices through the approval process by intelligently knowing where invoices need to go next, even when users do not know themselves. Through the click of the approval icon, invoice automation rules are used to determine routing in regards to:
By utilizing ASPEN 360, processors resolve discrepancies quickly with real-time, Web-based access to invoice information. Billing inquiries and requests for information are handled in seconds with desktop access to all pertinent documentation. It provides you with a complete AP Workflow, Invoice Automation, and AP Imaging and Workflow Automation solution.
