Sage 50 is a well-established finance package for smaller businesses, but it needs some help when used in a growing business that requires the management of departmental expenditure beyond the finance team.
Going beyond simple bookkeeping and introducing the requirement to send supplier invoices out for departmental approval introduces time-consuming manual tasks.
However, this does not mean that you need to abandon your legacy Sage 50 system to be efficient and in control thanks to recent technological advances.
Invu, a software company well known for its document management, accounts payable, purchasing and automation solutions, has now launched their latest cloud-based invoice-processing product, Invu Verify.
Invu Verify integrates directly with Sage 50, providing automated supplier invoice processing. Data capture software replaces data entry, and the routing of invoices for coding and approval is automated. Once approved, invoices are posted directly to Sage 50 with a visible audit trail.
This allows business owners and finance directors to step back from transaction processing and approval while remaining firmly in control. Business owners and finance directors are instead able to spend their time uncovering financial insights that help their business be more profitable and generate more cash.
Laura Coote, Operations Manager at Tube UK Limited, one of the 10 beta customers who tested the software for the past year, said this of the software: “Invu Verify has given our accounts system a much more streamlined and efficient process, the system is very user friendly and is constantly being updated to tailor to the end user’s needs.”
To learn more about Invu Verify, click here, or give us a call on 01604 878010.
This article was originally posted in the InBusiness magazine. You can learn more about this publication here.