Do you need help getting your Financial Processes in order?

Efficiency

Does your business struggle to process supplier invoices on time?

Control

Is your business uncertain about the full extent of its financial commitments?

Visibility

Is it difficult to respond quickly to questions about the status of supplier invoices at your business?

Book a consultation

The Challenge

Invu research has found that 60% of medium and large businesses in the UK struggle to pay suppliers on time, with 20% stating it was a significant problem.

Many corporate failures occur because the business does not have the controls in place to ensure it is aware of the full extent of its financial commitments.

Many businesses in the UK are unable to respond immediately to a question about the payment status of a supplier invoice because they cannot find it or know where it sits in the approval process.

The Solution

Invu helps by providing a software solution that enables businesses to automate the processing of purchase orders and supplier invoices. This reduces data entry, the risk of errors and consistently applies rules over account coding and supplier invoice approval.

The software enables the accounts department to process invoices quickly with full visibility of where an invoice sits at any point in the process and integrates with many finance systems.

Each solution is tailored specifically to your business needs.

Purchase Order Processing

Invu Purchasing

Invu’s software provides an end to end purchase order processing solution based on line item level approvals.

It delivers an efficient straight-through process, providing user compliance through engagement, and thereby, full control over spend.

Read More

Invu Accounts Payable

Premises Based

Invoice capture with flexible approval and coding workflows which are highly customised to suit your business needs.

It integrates with many popular finance packages and is designed with high invoice volumes and complex approval and coding requirements in mind.

Read More

Cloud Based

Invoice capture with approval and coding capabilities designed specifically for small and medium-sized businesses. Currently integrates with Sage 50.

This is a multi-tenanted software solution provided as a service, based on the volume of invoices processed.

Read More

Premises Based

Invoice capture with flexible approval and coding workflows which are highly customised to suit your business needs.

It integrates with many popular finance packages and is designed with high invoice volumes and complex approval and coding requirements in mind.

Read More

Cloud Based

Invoice capture with approval and coding capabilities designed specifically for small and medium-sized businesses. Currently integrates with Sage 50.

This is a multi-tenanted software solution provided as a service, based on the volume of invoices processed.

Read More

Knowledge Center

We review recent survey data on the use of budgets and plans, supplier relationships and fraud, and compare those findings to surveys taken two years ago.

Perception vs Reality – the real state of accounts payable and purchase order processing in UK business

In our 2020 Research Report, we review survey data on the use of budgets, supplier relationships and late payments.

Download

Back to Basics – Effective invoice processing is about far more than scanning paper based invoices

Learn how to improve processes so your finance team can spend their time delivering insight rather than processing transactions.

Download
Purchase To Payment Automation

Purchase to Payment Automation – Overcoming paper in an efficient electronic world

Learn why automating the purchasing process can reduce paper usage and bring additional benefits to your business.

Download

Invu Blog

The Government owns the culture of late supplier payments


Is the Government actually trying to reduce late payments? From our findings, the answer is no. Learn why we think this and how they can improve.

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.

Are your accounts payable invoices missing in action?


Have you ever requested additional copies of supplier invoices? Is this because you never received it in the first place, or they went missing in action? Learn how to solve this here.

Who Is 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