Do you need help getting your Financial Processes in order?
Does your business struggle to process supplier invoices on time?
Is your business uncertain about the full extent of its financial commitments?
Is it difficult to respond quickly to questions about the status of supplier invoices at your business?
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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.
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.
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.
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.