ApprovalPlus Procure-to-Pay software frees your accounts payables department from the time consuming and manual tasks traditionally associated with matching purchase orders to invoices. Using automated workflows, and intelligent checks and controls, invoices are processed more quickly, and the potential for fraud reduced. The invoice approval and purchase order management process is reduced from days to minutes, so it’s easier to track and reconcile organisational spending.
ApprovalPlus currently integrates with 26 different ERP or finance systems including JD Edwards, NetSuite, Microsoft, SAP solutions, Pronto, BPCS, and more.
Start your journey towards a better procure-to-pay process
Tighten the controls on organisational spending
Set delegated authorities per business unit, authorise purchases before ordering, manage project budgets and allow for segregation of duties
Enhance your audit compliance
Track who has authorised transactions, monitor changes in authority, ensure each invoice has passed through a controlled process rather than a random check on transactions.
Reduce administrative time and cost by 25%
Say goodbye to manual paperwork with automatic three-way matching of invoices to purchase orders, coding, approvals and routing to your finance team for payment.
Streamline your invoice approval and purchase order processes
Slash invoice approval times and never lose a document again. With automated workflows, you’ll get faster purchase order approval, and orders are electronically sent to suppliers.
Digitise your documents
Forget storage boxes, manual filing and costly archiving when you store your invoices and related documents online. You’ll save time and money, and have easy on-demand access to your information.
A guide to ApprovalPlus procure-to-pay
Begin your journey to a more efficient Procure-to-Pay process. Learn how ApprovalPlus can help you save time and money, while reducing costly errors and the risk of fraud.
What does the procure-to-pay process look like with ApprovalPlus?
- Raise a purchase order: Just select the catalogue item in ApprovalPlus with correct price and account codes
- Send a purchase order: ApprovalPlus electronically dispatches the purchase order to the supplier or vendor
- Receive an invoice: The invoice is scanned into ApprovalPlus where the automated invoice processing matches it to the purchase order, then codes, approves and sends it to your finance system for payment
Make your procurement and accounts payable processes more efficient
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Speed up your invoice processing systemApprovalPlus converts tedious, manual accounts payable processes into efficient electronic processes, streamlines procedures, minimises paperwork and reduces non value-add activities.
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Reduce the risk of fraudBy providing greater business controls, secure delegations and a clear transactional view, ApprovalPlus gives you more confidence in your procure-to-pay process. That means your invoice processing and management is subject to fewer errors, greater efficiency and less opportunity for fraud.
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Deliver procure-to-pay best practiceApprovalPlus promotes electronic ordering from suppliers, quick and easy corporate card approvals and expense claim settlements and a project management module to approve project spend within a budget. It also provides proof of a secure financial controlled environment to auditors. ApprovalPlus integrates with most finance systems.
See how these companies have eased their procurement pains with ApprovalPlus
Take your ApprovalPlus solution to the next level with these additional modules
Credit card module
Import credit card transactions from your card supplier for coding, description entry and approval for payment.
Project module
Allows for approval of project / capital spending, through to management of purchasing against an approved fund. Reporting can compare plans to actual spending.
Expense claims module
Enable staff to claim allowances such as mileage, flights and per diems, or to attach receipts and claim for purchases that need reimbursement. Once entered claims go to Managers for approval and through to the finance system for quick payment.
Optical Character Recognition (OCR) module
OCR information can be imported into ApprovalPlus to automate the load of invoices or purchase order matches.
E-Bill module
This module is used where there is a large number of invoices from key suppliers, or invoices that have a large number of invoice lines to be entered. The E-Bill module allows data mapping.
