Automated Invoice Processing | Arcivate Cloud

Overview

Invoice processing can be labour intensive, costing organisations time and money through less than efficient processes.

Mi Invoices solution automates the paper-intensive AP invoice process by coupling scanning, capture and imaging technology with workflow to reduce errors, increase throughput and boost efficiency. This allows organisations to shift their focus to the management of information from the processing of data.

Mi Invoices is a SaaS solution providing Oracle Invoice Automation and is a true cloud environment that is multi-tenanted to give a rapid deployment for customers and so maximise benefit of the solution instantly.

Mi Invoices forms a critical part of improving your procure to pay, P2P, processes, by automating the capture and processing of supplier invoices.

Capture & Validation

Intelligent software utilises the latest OCR technology, able to capture header, footer and line item detail without prior knowledge of the invoice. Multi input capture via invoice scanning, email, EDI, ...

Kodak i4000 for invoice scanning and document capture

Exception Handling & Approval

The solution automatically determines via the business rules if an invoice has an exception or error and routes it to the relevant user to resolve

Invoice Processing and Exception Handling

Mobile Working

Business managers can approve invoices remotely, from their device.

REMOTE WORKING

Mi Invoices on tablet for remote workers

ERP Integration

Integration with all the leading ERP solutions including Oracle ERP Cloud, EBS, JDE, PeopleSoft and NetSuite

Reporting

Mi Invoices provides dashboards to give visual access to KPI, Aging and Accrual reports, enabling finance managers to obtain management information

Security

SSO and SAML 2.0 Integration for Enterprise level Cloud Security and User deployment, ensuring Mi Invoices keeps data safe and secure.

Data Migration

Frequently there is a requirement to migrate data and information from existing systems. This enables the decommissioning of legacy applications, which can provide significant financial savings. It also ensures that users can find all information in one location.

Key Benefits

Reduction in effort and time to process invoices
Minimises required touch points with SSP - Single Screen Processing
Reduced implementation effort, enabling immediate return on investment
Easily accessible reporting
Non template, self-learning capture technology to increase first time recognition
Standard, flexible and easily configured workflow to reduce complexity
Support for Mobile Approval
Invoice Capture Paper, Email, PDF or EDI
Supports Single Sign On (SSO)
Automated Intelligent 3 Way Matching
Additional Cash Benefits – Alerts inform AP of approaching late payment deadlines, to avoid payment penalties.
Integrates with all leading ERP platforms