Invoice Automation
ASPEN 360 AP-SmartRouting Edition (AP-SRE) provides you with a complete invoice automation solution that combines accounts payable best practices with ZeroTouch AP imaging and workflow to electronically route invoices for approval. It enables you to incorporate your own customized business routing rules to streamline the AP process, increase efficiencies, and improve productivity.
By using AP-SRE, you'll be able to view invoices online throughout the review, approval and payment process. The process begins in ASPEN 360's Invoice Virtualization Center where invoices are scanned, indexed and stored in a centralized repository. The invoice is then routed to the initial approver based on your elevation of authority rules. AP-SRE then continues to route the invoice to the appropriate approvers until it has received final approval. The invoice is then reviewed by the Accounts Payable department, and then the approved invoice data is transmited into your ERP or AP system.
This comprehensive Software-as-a-Service solution handles:
Invoice Submission and Data Capture: Includes all the tools necessary to upload, store and index your invoices.
Invoice Automation and Approval: SmartRouting technology enables invoices to be automatically routed to the appropriate people for approval using your elevation of authority rules.
ERP or AP System Data Exchange: Once an invoice is matched or approved within AP-SRE, required invoice data for payment is transmitted back to the ERP or AP financial system.
System Administration: You have complete control over who can access your organization's information.
