Subject: How challenging is your Enterprise Invoice Processing and Payments capability?
Topic: To this day, Invoice Payment Processing has always been challenged and suffered from ....
➡️ Large volumes of incoming documents and not knowing what they relate too
➡️ Confusion about the source and/or the invoice and related document content
➡️ Missing data or no contract or completion certification or purchasing references
➡️ Duplicate documents and recurring mistakes
➡️ Misplaced or unknown authorisations and approvals between functional silos
➡️ Mismatches in pricing and terms
➡️ Late payment penalties and fees coupled with meeting contractual obligations
➡️ Increased processing costs associated with the dynamics of business
➡️ Payment systems that need processing one item at a time
➡️ Archaic and complex RPA initiatives that add extra burden to error recycles
➡️ Too much manual intervention and very little to no real-time status reporting capability
➡️ Too difficult to maintain compliance, eg. Peppol, which is mandatory in Australia for Federal Government Departments as of 1 July 2022
All of the above was dramatically changed when we at Diriger built our Invoice Processing Automation capability with our Business rules and Work Flow Engines - you can now do more with less and improve your financial controls at the same time.
To learn more about Diriger’s Peppol enabled AI & ML based Invoice Processing for large volume situations, read our DirigerIPA brochure or contact Diriger today.
DirigerIPA Solution: DirigerIPA