Pre-Approving a Non-PO Invoice?
Do you have a process in place to approve non-PO invoices before they enter your ERP system? If so, how do you keep track of the audit history?
It's crucial to establish a clear approval process for non-PO invoices in your company. While we recommend using a formal procurement system to generate purchase orders, we understand that this isn't always feasible.
In today's complex business environment, it's important to maintain an audit history of all non-PO invoices that enter your ERP system. Pre-approving these invoices before they enter the system helps ensure that their transactions are transparent and accurate. This approach can also prevent errors and discrepancies in the ERP system. Additionally, pre-approval ensures that all invoices comply with your company's internal policies and procedures.
On-Demand Webinar on the ABC's of a Business Case for Automated Invoice Processing
Watch our On-Demand Mi Invoices Webinar reviewing the ABCs of a Business Case for Automated Invoice Processing, providing our best practice recommendations
Join Jason Howard and Duncan Coyle in a discussion about the essential components needed to develop a compelling business case for automating invoice processing. This solution can improve business efficiency, reduce costs, and enhance your finance and procure-to-pay operations.