Managing Director
CurrentInvoice Matching is cloud-based solution that automates invoice processing, resolving issues before they reach the ledger—all without manual intervention. Compatible with any cloud ERP or S2P system, it can be quickly implemented via native APIs, using your existing workflows for PO exceptions and non-PO coding.Invoice Ingestion - Suppliers can submit electronic invoices into the Basware network in the format of their choice and in compliance with all global mandates. For suppliers who can't or won't submit invoices electronically, they can email a PDF into our network and our SmartPDF solution will automatically extract the data using AI/ML. Invoice Ingestion is a 100% touchless process on the customers side.Invoice-Matching app - Invoice data transferred from the Basware einvoicing and SmartPDF network will be stored in the Invoice-Matching app. Invoice-Matching performs real-time data checking and line-item matching via API using an extensive matching rule-set. The objective is to deliver high volumes of matched invoices to your Cloud ERP with no intervention. Invoice-Matching also provides an additional layer of checks and tax rules that we can customize for tax determination. PO invoices that fail the automated checks/line-item matching will be allocated a Root Cause error status, which can be used to drive subsequent actions eg. Reject back to supplier, send to NetSuite in draft to kick-off workflow or notify business users via email etc… For any exceptions that cannot be automated, we can deliver those in Draft status for Accounts Payable to review with a clear description of the problem. Non-PO invoices can also be automated based on rules by vendor, so coding can be added automatically and sent to Requesters via existing worflowsAnalysis and Insights - Power BI based dashboards to monitor current workload as well as performance by vendor and buyer to support continuous improvement to the automation rates, which we drive as a post go live activity.
