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Invoice Automation Keys to a Successful Implementation

 

 

Mi Invoices automates the intensive AP invoice process to reduce errors, increase throughput and boost efficiency, allowing organisations to shift their focus to the management of information from the processing of data.

A key component of Invoice Automation is the reporting capability, as this provides you with the high level information which enables the efficient management of the processes and identify any bottlenecks to enhance the solution further. These Finance Reports allow you to achieve the ROI’s available with the deployment of this solution.
Mi Invoices Reporting  dashboards for Oracle Invoice Automation

 

Reporting - Dashboards  

Mi Invoices dashboards provides a visual access to KPI, Aging and Accrual reports for financial managers to obtain management information to enable controls and optimise the processes. It also provides search reports for business users to undertake their day today tasks and answer queries – e.g. where is my invoice,  when will it be paid?

  

Accruals

Critical to finance managers is being able to see the value of the liabilities they need to accrue for. To assist with this, the Accruals Dashboard reports provide this information and ensures the data is always available. 

 

Management and KPI Dashboards

  • list icon Accrual Amount – Total value of all invoices for that supplier
  • list icon Total Invoices – Volume of invoices processed
  • list icon Straight Throughput – percentage of invoices with no touch
  • list icon Full Audit History – Available for every invoice
  • list icon KPI Reports to enable analysis of the day to day operations of the solution, which assists the efficient management of the processes and identify any bottlenecks to enhance the process further.
  • list icon Plus; Search Reports to help business users to find specific supplier invoices to assist with invoice queries and analysis of spend.

 

For more information on Invoice Automation please see:

 
Mi Invoices security enabling Oracle Invoice Automation
 
 
 
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