Accounts Payable

Why automate accounts payable?

You know how frustrating it is when you damage the confidence of your suppliers because you are unable to pay them on time or even able to tell them the status of invoices?

An automated Accounts Payable system brings visibility, control and efficiency to supplier invoice processing, resulting in timely payments and improved supplier confidence.

This enables you time to focus on the things that help your business to survive and prosper.

Speak to one of our Experts

What does it do?

Invoice capture & data extraction tools automatically pull information from invoices to drive automated invoice processing.

The software is implemented to meet the needs of your business, whether you approve invoices using 3-way-matching or send them out to managers for approval or some combination of both.

Users have visibility of what stage each invoice is at during the process and can respond to supplier queries in real-time.

A full audit trail is available after invoices are automatically posted to your finance system.

How it works

Invu Capture

Suppliers send invoices to your dedicated email address. Our capture software automatically extracts the required information needed for processing.

Workflow

Invoices are electronically sent to the people you identify as responsible for coding, review or approval.

Integration

All approved invoices are automatically posted to your finance system.

Search & Audit

All posted invoices, including the full audit trail, can be viewed at any time.

We can trace all the documents, we know where they are in the authorisation process and we know where the hold ups are.
Kevin Warnock, Finance Director - Apex Lifts
It has improved our processes – not just the payment run but everything involved in the invoicing process.
Mark Butcher, Property Operations Director - Lambert Smith Hampton

If you're not ready to talk to us or see a demo...

...why not download the Product Sheet to learn more.

Download Product Sheet

Invu Blog

6 Symptoms of inefficient supplier invoice processing


Do you have any of these six symptoms of inefficient invoice processing? Learn how to become more efficient by making small changes to your systems.

Working Capital Management or Chaos?


Working Capital Management is now more critical to business survival than ever before. But how well are businesses managing this? And are they in denial about their payment practices?

Remote Working: A productivity challenge and a security concern


Remote working increases the chances of finance fraud. Don’t get caught out – read how to keep your business and your employees safe.

Who are Invu?

Founded in 1997, Invu develops Electronic Document Management (eDM), Accounts Payable (AP) and Purchasing solutions for a range of sectors, particularly those which are highly document dependent or where compliance is important.

Invu is a Microsoft Gold Partner as an Independent Software Vendor (ISV). The company and products, therefore, meet the stringent requirements of the Microsoft Partner Program introduced in 2010.

Invu partners with a range of software vendors such as ABBYY, a data capture, recognition and extraction tool provider whose FlexiCapture technology sits at the heart of many Invu solutions and IRIS, that supplies Invu Document Management to around 20% of the top 100 UK practices as the IRIS Accountancy Solutions document management product of choice.

 

Book Consultation