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The next phase of Procure-to-Pay – invoice processing – is the centerpiece of account payable. The AP department may wish to verify the documents and make payments faster, but there arises a combination of errors.

The first complication is manual data entry. Typically, the received vendor invoices are manually entered in banks’ ERP. Human-made typos have proven to be big troublemakers: what if the personnel mistype the quantity as 77 whereas the actual ordered quantity is 17? Seemingly simple mistakes like these will lead to incorrect payments, of course.

The next phase of Procure-to-Pay – invoice processing – is the centerpiece of account payable.
The next phase of Procure-to-Pay – invoice processing – is the centerpiece of account payable.

The next phase of Procure-to-Pay – invoice processing – is the centerpiece of account payable. The AP department may wish to verify the documents and make payments faster, but there arises a combination of errors.

The first complication is manual data entry. Typically, the received vendor invoices are manually entered in banks’ ERP. Human-made typos have proven to be big troublemakers: what if the personnel mistype the quantity as 77 whereas the actual ordered quantity is 17? Seemingly simple mistakes like these will lead to incorrect payments, of course.

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