Invoice management involves internal company processes that deal with the management of all invoice documents from vendors/suppliers.
The entire process usually involves the following steps: receiving the invoices, extracting information, validating and verifying the invoice details, approving payments and safely archiving the invoices for future reference.
ARDEM Invoice Manager (AIM) is a proprietary cloud-based network that grants you better visibility to improve your invoice and accounts payable processing.
With our proprietary cloud platform, you can check the number of invoices received, their current stage in the approval process and also see monthly and yearly trends for better analysis and management. In fact, with the use of our Invoice Manager, you can actually reduce your average cost of processing by an immediate 30%.
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