Hardly any other business process offers as much optimization and savings potential as capturing and processing incoming invoices. Tedious, time-consuming and often incorrect data is entered and posted manually. Several employees are usually involved in capturing, checking and releasing the invoices. If one employee is absent, the invoices simply remain unprocessed – usually already in the specialist departments.
Furthermore, in decentralized organizations, it often takes several days or weeks until individual transactions can be recorded and booked in the administration. At this point it is usually too late to deduct any discounts. Another weak point is the lack of transparency of the entire processing procedure.