Streamline Your Invoicing Process
A Cloud Solution that Makes Invoicing Easier for Your AP Team
Trying to manage multitudes of non-standardized paper invoices can lead to increased costs and errors. Additionally, depending on each invoice, it can take weeks or months to review and approve them. Currently, accounts payable teams struggle with invoices with many error exceptions and replying back to suppliers about invoice status. Additionally, they have no simple way of matching invoices to POs, contracts, and receipts to enforce compliance.
What is SAP Invoice Management?
Automating the invoice process can significantly lower costs. Now, through SAP Ariba and the Ariba Network, you can get smart invoicing. With this, there are network-wide business rules in place that will alert your suppliers if there are any errors. It can also avert any invoices with mistakes from entering your system workflow.
SAP Ariba Invoice Management is a cloud solution designed for accounts payable teams. It is a cloud solution that focuses on capturing and reconciling invoices. This solution comes with configured workflows that can easily be customized with no technical training. Business users can also speed up approval times for non-PO invoices as well. SAP Ariba Invoice Management allows your AP team to automate the busy work and focus more on strategically improving your bottom line.
Process your invoices electronically
Handle digital invoices from the Ariba Network
Process paper invoices from other services.
No technical customization required due to pre-configured workflows.
In workflows, easily add approvers, watchers, and more by the drag-and-drop functionality.
Easily reassign invoices, check invoice status, and more.
Dynamic Invoice Workflows
With two/three/four-way matching, easily enforce compliance.
Using cost code, supplier, and other variables, you can configure your workflow to meet your business need.
For complicated workflow configurations and implementations, you can seek support from SAP Ariba Invoice Management’s consulting services
Accurate, Quick Invoice Approval
With electronic invoices, reduce your invoice approval cycle to a several days
Flexibility to create more than 40 invoice exceptions
Avoid invoice process delays with automated escalation and delegation
Improved Reporting and Monitoring
Track KPIs with advanced analytics and create financial reports through the dashboard
Keep track of invoices by parameters such as cost center, employee, project, supplier, and more
Make faster payments, forecast more accurately, and more by monitoring due dates and at-risk invoices
Simplify invoice processing with one collaborative tool
Two/Three/Four-way matching and contract invoicing allows you to enforce compliance
Forecast more accurately, make quicker payments, and seek any early-payment discounts
Using the advanced analytics captured, keep track of your key performance indicators
Innovation Partner with SAP Ariba since 2017
Co-developed SAP Ariba SCC with Ariba and Microsoft
Skilled set of trained consultants
Working on leading innovations