Invoice Processing Services manage invoices from receipt of vendor invoices to payment of the invoice. Outsourced invoice processing services increase operational efficiency and reduce the cost of processing invoices. Invoice processing solutions utilize business process automation to capture data from invoices and improve the speed of invoice processing. Automated invoice processing solutions can be integrated with your existing accounting systems for invoice receipt, invoice approval and improved invoice processing management. Multiple formats, PO and non-PO invoices, invoices in multiple different languages can be processed by an invoice processing service provider. With the use of an invoice processing cloud services platform, businesses can benefit from invoice process automation to further improve efficiency. Additional data analytic tools and artificial intelligence tools can be added to invoice processing services to automate invoice processing.

Invoice Processing Cost Savings and Invoice Processing Efficiency

Automating Your Invoice Processing

Invoice Processing of all Invoice Formats

Invoice Processing solutions cover the processing of all types of invoices. Invoice processing solution includes the processing of PO invoices and non-PO invoices. Invoice management solution also includes the processing of handwritten invoices and invoices in languages other than English. Document processing of invoices received by mail. Invoices received as email attachments. Invoices uploaded to our server as images. Using our automated invoice processing cloud service, the ARDEM invoice processing solution delivers exceptional invoice management service to you.

Invoice Processing on ARDEM Invoice Processing Platform

OCR invoice data capture and invoice data entry is a cloud service offered on ARDEM Invoice Manager, our cloud platform for invoice processing. Invoices arrive at as a continuous stream on our invoice processing platform, man machine invoice automation technologies are used for data extraction from invoices. Process automation is used to improve accuracy in the invoice processing workflow.

Invoice Processing Automation for Improved Invoice Management

Process automation is utilized for sorting PO and non-PO invoices, invoices in different languages and hand-written invoices. Automated Invoice Processing solutions flag invoices which have missing key data. Invoice processing cloud service platform is used for invoice management. Automated invoice processing includes data capture from invoices and the invoice approval management. Invoice processing solutions incorporate automated invoice processing and invoice exception handling for effective invoice management.

Delivering Success in Invoice Processing

Invoice Processing Service providers can process a high count of invoices daily. They can extract data from invoices accurately and deliver vendor payment files on time. Invoice Processing solutions are often part of a larger accounts payable service outsourcing initiative.

Invoice Processing Cycle

Invoice Processing Services are outsourced accounting services for processing vendor invoices.  Invoices Processing Services involve the receipt of vendor invoice, the recording and matching of vendor invoice to purchase orders, approval of vendor invoice, creation of vendor payment file, and the recording of accounting transactions in the general ledger. Invoice Processing Services for large volume invoice processing utilizes invoice data capture, invoice processing management, invoice OCR and invoice workflow automation.

Vendor Invoices can be received for invoice processing in any of the following ways:

• Invoices Processing is done on the ARDEM Invoice Manager cloud platform where vendor invoices can be uploaded and stored.
• Automated invoice processing aids rapid data extraction from invoices using OCR data capture.
• Invoice processing solutions include invoice data entry for PO and non-PO invoices, handwritten invoices and non-English language invoices.
• Invoice processing services and automated invoice management solutions are available on our cloud service platforms.

Invoice Processing Service Workflow

Invoice Processing outsourcing service providers can manage the entire invoice management process from receipt of invoice from vendors to the payment of invoices. Vendor invoices could be received as email attachments or directly on our cloud platform. OCR is used for data extraction from invoices. Invoice data is validated, and invoices are routed for approval in automated invoice processing. Invoice management service may include the assignment of correct charge codes before invoice payment. It may also include the management of exceptions, non-PO and handwritten invoice processing with invoice data entry. With process automation Invoice processing outsourcing results in faster and more accurate invoice processing.

Invoice Processing Service tasks include receipt of invoices, data entry or data capture from invoices, matching of invoices with purchase orders and receipts, resolving any discrepancies in invoices and managing the invoice approval process. Invoice Processing Services as part of Account Payable Services may also involve vendor management services and handling and resolution of aging invoices.

Invoice Processing Automation

Invoice Processing can require many manual touch points. Receipt of vendor invoices, the data entry from invoices, and the approval of invoices. Much of this invoice processing workflow can be automated. ARDEM utilizes ARDEM Invoice Manager, a cloud platform for providing invoice processing services. Invoices are received on ARDEM cloud platform. Data Capture is the next step in invoice processing. Automated invoice processing cloud services include the routing of invoices for approval, flagging exceptions, applying charge codes, and generating payment files. Artificial Intelligence LLM tools can further be integrated into the process automation of invoice processing services.

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