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PROCURA CONFIRM

The effective approval of purchase invoices is key to improved supplier relationships. Negotiating early payment discounts, ensuring efficiency and reduced costs in what is typically seen as a "non-revenue" generating process provides your organisation with a strategic advantage.

Independent market research has suggested that the cost of processing an invoice is in the region of £4 per invoice, with approximately 19% of all invoices not immediately matching the original purchase order with an additional cost of £7 per invoice. When invoices and orders do not match, the process becomes more complicated and may even involve invoices being posted offsite or faxed to other locations - Increasing the chances of lost and misplaced documents.

Procura Confirm provides organisations with the ability to automatically confirm that the purchase invoice, goods receipt note and purchase order are correct with automatic notification to suppliers when these values do not match. Suppliers can through a secure website even assist in the approval of the invoice. Procura Confirm also provides a fully automated invoice approval workflow to ensure invoices that need to be further queried are approved as quickly and efficiently as possible.

  • Automatically confirm linked purchase orders, purchase invoices and goods receipt notes are correct
  • Approve invoices efficiently through a web based automated invoice approval process
  • Inform suppliers that invoices are being queried and allow them secure access to assist in the resolution of the invoice