If there’s nothing wrong with an invoice, validation can take between 10 and 15 minutes. But when there’s something that needs to be reviewed, the reconciliation process can be much more tedious. With the industry average for inaccurate invoices coming in at 3.6 percent, that can mean hours of valuable time wasted on manual processing.
Simplify Your Invoice Validation Process with IntelliChief
With IntelliChief, you can automate your entire accounts payable process. Our platform leverages Robotic Process Automation (RPA) technology to collect your invoices, check to see if the charges are correct, and – if there’s something that can’t be verified – automatically route them to an employee for resolution. It can even convert part numbers if they differ from the Purchase Order.
If the invoice is correct but needs to be approved before it’s paid, IntelliChief “robots” know to send them to the right person, right away. No need to print out the invoice, deliver it, and get it signed while the supplier waits for their payment — IntelliChief handles the bulk of the work for you.
You can even code special charges, like taxes and freight, and passed to your ERP to quickly create your vouchers. In addition, special charges like tax and freight can be coded on the invoices and passed to the ERP to create the voucher.
Our software can also: