BasWare Automatic Invoice Processing Software

BasWare Automated Invoice Processing solution contains tools for automating the global enterprise’s entire purchase invoice workflow. The solution enables full control over the workflow  and helps ease an organization’s financial process  through enhanced automation, process improvements and built-in best practices. This allows the company to meet various compliance requirements with fewer  resources than traditional methods would require.

BasWare Invoice Processing software is an advanced cutting-edge electronic invoice processing solution. It enables electronic workflow, revision, cost allocation and approval of purchase invoices as well as transfer to the accounts payable (AP) system. The value-added modules complete the BasWare Invoice Automation solution.

Value-added modules of BasWare Invoice Processing:

BasWare Order Matching allows the purchase invoices to be automatically matched to purchase orders. If the purchase order is pre-approved, the approval workflow is automatically copied to the BasWare Invoice Processing system. No further workflow is needed and the invoice can be transferred directly to accounts payable.

BasWare Recurring Invoice Matching automates the processing of periodic, contract based purchase invoices. Typically, the invoice amounts and the posting data of these invoices are identical. The module automatically matches the invoice with the contract and transfers matched invoices directly to accounts payable. If the invoice does not match the contract, it is sent to the pre-designated person for approval.

Benefits of BasWare Automated Invoice Processing Software:

• Reduced invoice handling costs by:
  • accelerating workflow
  • eliminating interests on late payments
  • taking advantage of discounts on early payments
• Increased control over workflow
• Improved cash flow management
• Versatile search, analysis and reporting functions
• Reduced storage space
• Decreased manual input and elimination of errors
• Pioneering product with extended functionality
• User-friendly interface
• Rapid installation
• Seamless integration to other applications

Outsource Invoice Processing

If you do not wish to implement in house systems using b-Wize or BasWare to process your invoices and/or purchase orders then DCS can handle this as a fully outsourced service using these solutions via web browsers.

This can be implemented as a long term trial or as an immediate cost saving solution in order to deliver benefits without any capital expenditure.