Digital and Paper Invoices in One System
Spendworks provides a single system through which all invoices are processed whether digital or scanned. Spendworks interfaces to a company’s existing scanning system or can interface to a new system.
Spendworks Unplugged™
Using next generation technology, Spendworks ensures the fastest invoice processing available, allowing work to be completed in the office or off-site.
Checks and Balances
To ensure billing accuracy, each invoice is pre-validated and automatically reconciled to its P.O. and delivery receipt.
Electronic Purchase Orders
P.O.s can be submitted to suppliers electronically to improve accuracy and speed.
Audit Resource
The system creates a complete audit trail following the history of an invoice, tracking who has handled it and all action taken. Related documents and comments are attached to the invoice to provide a comprehensive resource for monitoring compliance with Sarbanes-Oxley.
Auto-Coding Option
Using a flexible international standard, Spendworks can automatically code items on an invoice, saving time and ensuring consistency from month-to-month.
Suppliers and Buyers Work Together
Suppliers can independently track the status of the buyer’s payment and work with the buyer to quickly resolve issues.
 |
