Signed in as:
filler@godaddy.com
Invoice fraud is a significant threat to businesses, often causing major financial losses, damaged reputations, and disrupted operations.
With Document Capture and Payment management, you can automate your purchase and payment processes directly from your Business Central.
Stay on top of your payables - Document Capture streamlines your Accounts Payable process.
Companies worldwide are embracing digital processes for enhanced efficiency, accuracy, and sustainability.
Document Capture will detect whether a bank account number is incorrect or a number is missing when registering an invoice. The system will display an error message in the comments, and you can’t register the invoice until it’s resolved.
Ensure secure internal approval procedures with an approval flow. With Document Capture, you can enable four-eyes approval for transparency and forward your approvals to a trusted approver while enjoying your vacation.
Once the invoice has been registered, approved, and posted, it'll be automatically stored in the document archive. The document can’t be tampered with, so fraudsters can’t modify information and conceal their tracks.
With Document Capture and Payment management, you can automate your purchase and payment processes directly from your Business Central. An automated workflow allows you to easily standardize your P2P process and increase visibility across your purchasing cycle.
Once your purchase requisition is approved, you create a purchase order. Ensuring all the details are correct, you send it off to the vendor for confirmation.
Once the order is received in your warehouse, your invoice is imported into Business Central. Document Capture's intelligent OCR captures and extracts the data, removing the need for manual data entry.
Document Capture registers your invoice, which is reconciled with automatic three-way matching. Your invoice is compared and matched with the corresponding purchase order and receipt.
Your invoice is sent to the appropriate workflow for approval by one or more approvers. It's then posted before you pay your vendor.
Payment Management allows you to create a payment suggestion in your Payment Journal once your invoice is processed. Your payment line information and payment details are validated, and the payment is sent for approval.
Once approved, you send the payment to your bank, where you can follow the status in real-time directly from your Business Central. The recipient is notified via email, and the payment is posted in your Payment Journal.
Manual, repetitive tasks are not only time-consuming but also full of errors. Missing or incorrect information can lead to undesirable consequences during an audit. Document Capture handles your invoice processing from start to finish, so you can relax knowing that your work is high quality.
Document Capture is a solution that's BUILT INSIDE your Microsoft Dynamics 365 Business Central. This solution supports your entire invoice handling process in Accounts Payable with automated workflows.
Key benefits:
Document Capture automatically imports your purchase invoice into Business Central by downloading it from your email. You can also import physical documents through a network scanner.
Once your invoice is imported, intelligent OCR captures and extracts the data and turns it into machine-readable text, removing the need for manual data entry.
Document Capture registers your invoice, which is then automatically compared and matched with the corresponding purchase order if there are no inconsistencies.
Your invoice is sent to the appropriate workflow for approval. The invoice is approved by one or more approvers and posted before you pay your vendor.
With a digital archive, you can pull up your document in seconds with a quick search. You always have access to all your posted documents for better visibility.
Companies worldwide are embracing digital processes for enhanced efficiency, accuracy, and sustainability. At the forefront of this transformation is e-invoicing, revolutionizing traditional practices and setting new standards for modern businesses.
With Document Capture, you can receive all your e-documents directly into your Business Central and efficiently process all your invoices before payment. The eDocuments feature takes this a step further by enabling you to send your electronic documents too, ensuring flexibility, global compatibility, and hassle-free document revisions and submissions.
Efficiently handle your e-documents like you handle your PDFs. With Document Output, you can send your e-documents, such as e-invoices and credit memos, directly from your ERP system to another. You can easily access and track your electronic documents.
Exchange your e-invoices and other e-documents via the Continia Delivery Network within seconds of you or your vendor clicking send.
Safely exchange your e-invoices as encrypted files via secure connections, such as Peppol, to protect yourself against document tampering and lost or damaged invoices.
XML and other e-documents are automatically rendered for viewing during the registration process, so you can view them just like your digital documents.
Keep an overview of your e-document's entire history. All activities are automatically logged, providing details, such as whether the document was accepted, changed, rejected, failed validation, etc.
As you exchange your invoice data electronically, you can be sure that your Business Central always receives and processes the correct data during import.
If an outgoing document fails validation, the user-friendly environment ensures you can efficiently correct data and submit revised documents without any complications.
Copyright © 2024 The Practical Enterprise Group - All Rights Reserved.