Invoice Automation – So you can successfully capture and OCR your Invoices!
Perfect, but what about the integration with your Oracle ERP platform?
Importance of Integration to Your ERP
The integration with your Oracle ERP platform is essential if you are using Oracle (Fusion) ERP Cloud, E-Business Suite, JDE or PeopleSoft, as it is critical that you can obtain all the required master data for your invoices. This must include; Supplier Details, Purchase Orders, Line Items, Receipts and more. This information enables you to successfully validate the extracted data you have obtained from the invoice and match it to the data in your system.
Then once all the invoice data is validated, it needs to be submitted to your ERP platform and so often, we hear the phrase “here is the flat file for you to import”!
Sometimes integration and the importance of it is massively overlooked.
Why?
The whole point of automation is to save time and money, which is the opposite of a flat file that has no integration to validate and import the data into your ERP.
Whereas integration allows the full benefit of validating the data your ERP requires from that invoice to meet your business processing, along with making sure there are no errors or additional manual tasks, which consume time and effort.
If you would like to find out more and see our Mi Invoices solution integrated with your ERP