Introducing our Finance Process Automation Tool, specifically designed to streamline and automate the 3-way matching process. This tool ensures that invoices, purchase orders (POs), and goods receipts are accurately matched, significantly reducing manual intervention and lead times. By automating validation and improving match accuracy, this tool enhances financial operations, allowing your finance team to focus on strategic tasks while maintaining high standards of accuracy and efficiency.
Our Finance Process Automation Tool can automatically flag and resolve discrepancies between invoices, purchase orders, and goods receipts, ensuring accurate matching and reducing manual intervention.
Achieve a 95% accuracy rate in matching invoices, purchase orders, and goods receipts, reducing discrepancies and ensuring that only valid payments are processed.
Automatically validate invoices against POs and goods receipts, ensuring that the 3-way match is successfully completed without manual intervention.
Streamline the entire matching process, significantly cutting down the lead time required for invoice processing and payment approval.
Eliminate the need for manual labor equivalent to 6 Full-Time Equivalents (FTEs) across over 10000 payments, allowing the finance team to focus on higher-value tasks.
Our Finance Process Automation Tool streamlines and automates the 3-way matching process, reducing manual intervention and lead times.
With a 95% match accuracy, the tool reduces the risk of errors and discrepancies in financial transactions, ensuring that only correct and validated payments are made.
Automated validation speeds up the processing of invoices, ensuring that they are matched correctly with corresponding POs and goods receipts, leading to faster payment cycles.
The reduction in lead time ensures quicker processing of payments, improving cash flow management and enhancing relationships with suppliers.
By reducing manual work equivalent to 6 FTEs, the tool allows your organization to achieve significant labor cost savings and reallocates resources to more strategic, value-added activities.
Explore more powerful tools.
CONTACT US
Call Us
+94 11 475 1111
Email Us
hello@ascentsolutionz.com
Join The Team
jobs@ascentsolutionz.com
