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Spendworks offers a comprehensive, paper-free system that enables users to receive and process all invoices and delivery receipts electronically.
Spendworks users receive invoices in a digital format and reconcile them to receipts and P.O.s, verify billing accuracy, and code and route them for approval. Users can track and audit invoices, analyze spend patterns and work with their suppliers to easily resolve issues through the system.
Process improvements reduce document handling time and costs by up to 75%.
| Spendworks Digital Invoicing and Workflow Benefits |
| Reduces Processing Costs |
| Decreases Errors |
| Identifies and Captures Trade Discounts |
| Eliminates Missing Documents |
| Enhances Vendor and Customer Reporting |
| Provides Quick Dispute Resolution |
| Supplies Spend Data for Strategic Vendor Sourcing |
| Improves Audit Trail |
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Companies report saving up to $10 on every invoice processed digitally
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