Invoice Processing Services
Invoice Processing Services to Reduce Costs and Improve Operational Efficiency.
Invoice Processing Cost Savings and Invoice Processing Efficiency
Automating Your Invoice Processing
Mail or Upload Any Invoice of Any Format Onto Our Cloud Server
ARDEM’s Secure Cloud-Based Process Automation
Extract and Normalize Invoices of Different Formats
Data is Compiled and Ready for Download In a Single Useable Format
Invoice Processing Workflow
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 and invoice processing workflow automation.
Invoices are Received for Processing in multiple ways:
- Bulk uploaded directly to the ARDEM Invoice Manager/SFTP.
- Physical invoices are scanned and uploaded to the ARDEM Invoice Manager/SFTP.
- Invoices can be sent as email attachments which will be picked up by the ARDEM Invoice Manager.
- Vendors can send invoices directly to ARDEM through a centralized inbox.
Data Extraction in Invoice Processing
Invoice Processing is challenging due to the multiple invoice formats received from different vendors. Invoices received can be handwritten. Some invoices could be in languages other than English. Both PO-based and non-PO invoices need to be processed quickly. Invoice Processing utilizes advanced data capture technology as well as effort-based capture to increase the accuracy of data captured from invoices and shorten invoice processing cycle time. Automation of invoice processing workflow also reduces the need for manual touchpoints and reduces the cost of processing invoices.
PO Number:
Net Payment Terms:
Invoice Date:
Payment Due Date:
Tax:
Total Invoice Amount:
Partner with ARDEM
See How Satisfied Our Clients Are
It has been fantastic working with ADREM. With each project we give them, they continuously prove that they are worth our business. They can always be trusted for a well executed, professional, and speedy experience.
Alvin Ailey
ARDEM provides an easy way to scale up or down based on volumes. There is no way we can keep up with the higher volumes, so the team has kept us up to date.
MiMedx
If you’re out of time and resources to get a critical project done call ARDEM! They’re quick to understand your goal and equally as quick to get it done and done right!
Chemtrade Logistics
I have been working with Ardem for a few years – they are always responsive, professional and go the extra mile
Principis Capital
I have had a very positive experience working with ARDEM. Everyone on the team is easy to communicate with and very adaptable to what we need. If there is ever a mistake made, they take the time to understand why it happened, and correct it going forward. Very impressed with their work so far!
MRC Media
A client begged us to get data form them same-day to meet an audit deadline. After jumping through a million registration hoops, we got them connect. [ARDEM] not only GOT to the account before I had a chance to…but then added TONS of history and ALSO for each datapoint aggregated usage, supply, delivery, etc. for two separate meters.
WegoWise
We have worked with ARDEM for about 10 years. They provide excellent customer service and accurate data entry. Thank you!
NRC
Open communication in a timely fashion. Excellent customer service.
Clark Country, Nevada
We are very pleased with the professionalism and attentiveness of the ARDEM employees.
Uppababy
Very helpful, collaborative and clear communicators.
New York Canals
They are available whenever we need them even in short notice. So professional and efficient. It has been a pleasure working with ARDEM over the past few years.
On Campus Market
They are always professional and very easy to work with. Responding quickly and efficiently.
Montgomery Township School District
ARDEM Invoice Manager (AIM)
A True Cloud-Based BPaas Solution
Reducing the Average Cost of Invoice Processing by 30%
Email, Scan, or Upload Invoices
Invoices can also be sent directly to ARDEM cloud network where they can be sorted and processed in real time.
Automate Invoice Processing with Machine Learning and AI
ARDEM Data Capture utilizes machine learning and artificial intelligence to quickly and accurately extract invoice data from specific fields.
Streamlined Approval Process
Invoice Processing workflow generates notifications to your list of approvers. This reduces invoice processing cycle time and leads to happy vendors.
Integrating Invoice Processing with Your Systems
Vendor Payment data and Spend Data created in the processing of invoices can be ingested into your account payable process.
Invoice Processing Service Workflow
Invoice Processing outsourcing involves the entire invoice management process. 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. Other steps such as routing of invoices for approval, flagging exceptions, applying charge codes, and generating payment files are all automated in ARDEM invoice processing services.
Invoice Processing Automation
Making Invoice Processing Services More Efficient
Invoice Processing Automation can reduce invoice processing costs and improve cash flow. Data is captured from paper and electronic invoices. Invoice processing workflow steps such as invoice validation, invoice approval routing and invoice payment processing are automated.
Machine-Based Data Capture
Automatic extraction and identification of unstructured data to make innovative and data-driven decisions. Collect data at a fraction of the time it takes to complete manually in-house. Boost efficiency through a qualified invoice processing company.
Machine Learning and AI
Our data scientists, engineers, and developers combine industry knowledge with experience to develop innovative automation solutions to maximize quality and efficiency while reducing your cycle time and operational costs.
Programmatic Validation
Utilizing AI and Machine Learning programs each data field will be reconciled against the hundreds of millions of data fields that have been run through our platform to ensure 100% clean and verified data.
Client Focused Solutions
Unmatched Responsiveness
ISO27001 Focus
100% On Time Delivery
HIPAA Policy in Place
ISO9001 Quality Systems
200+ Qualified Analysts
Skilled/Educated
Transparent Processes
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Invoice Processing Services as a Managed Back Office Support Services
Talk With Us
: 888-359-2679 : pricing@ardem.com
: ARDEM Incorporated | 124 Hillsborough Rd | Hillsborough, NJ 08844