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Manually processing paper invoices can add days and cost to your approval process. Automation and e-invoicing cuts both. In this Webinar, we’ll follow the path an invoice takes when processed through COR360, the most intuitive AP automation solution on the market.
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Reducing Paper, Reducing the Pain
Paper Transition
50
50
100%
0%
50%
25%
75%
1 Year 2 Year
E-invoicing
Paper Conversion
10
90
30
70
E-invoicing
Paper Conversion
Purchase Order Requestor
Attention Name or Department
Vendor Based
Invoice Amounts
Balance Due: $992.53
APPROVED INVOICE/AP REVIEW
AP System
FIRST LEVEL APPROVER
HIGHER LEVEL APPROVER
ELECTRONIC INTERFACE
Matching – Old vs New
PurchasingAP
Receiving
POReceipt of Goods
Vendor Master
Chart of Accounts
No Human InterventionSTRAIGHT
THROUGHPROCESSING
Automated
Exception
Handling
Match Rule Exception Workflow
APReceiving
RequisitionerPurchasing
Invoice Data
PO and Receipt
of Goods
Exceptions
ERP
Straight Through Processing
What Sets COR360 Apart?• Deep knowledge of the AP process
– Designed by AP, Built by IT
• Multi-tenant SaaS platform– Immediate new release availability
• Minimal IT resources needed– Frees IT to focus on core business needs
• Immediate ROI– Not weeks, not years…..from Day one!
