Image credit: Alexander Grey on Unsplash
Does your AP team currently print out paper invoices and assemble “packages” with related purchase orders and shipping documents?
As you know, this is a very tedious and time-consuming process. (Not to mention, expensive).
Plus, when things fall through the cracks, payments get delayed. This impacts vendor relationships and early-payment discounts.
You may also be dealing with the complexity of matching a single PO with multiple invoices. Or a single invoice with multiple POs.
There’s an easier way.
Contexture automates 3-way matching for invoices, POs and shipping documents. We can also automatically match items on a single PO against multiple invoices – and items on a single invoice with multiple POs.
The end result:
- Significant time and cost savings
- 3-way matching for all invoices
- Faster payment cycles
- Early-payment discounts
- Improved vendor relationships
- Less paper consumption
- And a happier and more productive AP team
Get started today with Contexture AP Automation.
Another example of how Contexture and AI are making life easier for Accounting departments and solving business problems.
Learn how AP teams in the construction industry are using AI-powered AP Automation solutions to automate invoice data entry and PO validation and free up time for higher-value accounting projects.
A flexible AP automation solution provides the flexibility of "planes, trains, and automobiles" to ensure you arrive at your destination.
Repetitive invoice entry tasks, document matching, and GL coding can all be automated, freeing up employees to focus on more creative and challenging aspects of their work.
