Bristol, UK, 13 October 2011, UNIT4 Business Software Ltd, the UK division of UNIT4, the world’s leading provider of business software for Businesses Living IN Change (BLINC™), today announced the launch of Invoice4, a Managed Service solution, powered by strategic partner Intelligent Capture, that allows organisations to receive 100 percent electronic purchase invoices direct into their UNIT4 Agresso Business World ERP or Coda Financials solution.
Invoice4 delivers electronic invoice information into UNIT4 solutions, irrespective of how the supplier has sent the invoice – paper, email, PDF, XML or EDI. Either received direct from an electronic source or through the introduction of a simple PO Box for paper-based invoices, Invoice4 has been designed to automatically extract and validate relevant invoice information for onward transmission to the UNIT4 solution. It also provides a structured exception handling management process.
Invoice4 transforms accounts payable (AP) processing and overcomes the inefficiencies associated with document handling and manual accounting entries. On receipt of the electronic transaction, the UNIT4 solution carries out automatic invoice matching and then, via a simple workflow, it routes the invoice for approval with immediate access to the scanned invoice.
The Invoice4 solution provides four different models to cater for all organisational requirements - ranging from the scanning of paper invoices through to a single platform for all paper and electronic invoices. In addition the aim is to reduce the volume of paper invoices sent and move towards electronic invoicing by engaging with and working with suppliers to encourage adoption and usage of e-invoicing.”
Anwen Robinson, UK Managing Director for UNIT4, said: “The introduction of Invoice4 further strengthens and extends our Purchase-to-Pay capabilities. The launch of Invoice4 combined with our experience of identifying specific customer requirements and the benefits to be realised places us at the forefront of AP automation. It highlights UNIT4’s commitment to providing public and commercial sector organisations with a platform to drive process transformation through a simple transition to e-invoicing”
For more information and access to Invoice4 visit www.unit4software.co.uk/featured/invoice4
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About UNIT4
UNIT4 is a global business software and services company aimed at helping dynamic public sector, and commercial services organisations to embrace change simply, quickly and cost effectively in a market sector it calls 'Businesses Living IN Change' (BLINC)™. The Group incorporates a number of the world’s leading change embracing software brands including Agresso Business World, our flagship ERP suite for mid-sized services intensive organisations and Coda, our best-of-class financial management software.
With operations in 17 European countries, as well as 7 countries across North America, Asia Pacific and Africa and sales activities in several other countries, its revenue was €421.7 million in 2010.
In the UK we focus strongly on the public sector, where we are the leading provider of ERP systems to local government and post 16 education organisations, as well as having a considerable presence in the emergency services and health sectors. We also focus strongly on professional services organisations and a range of commercial sectors including Financial Services, Retail and Media and Publishing. Overall we aim to be the UK’s foremost business software company, providing solutions that transform the delivery of public services and comprehensively support commercial organisations in their ability to adapt and prosper in rapidly changing environments.
UNIT4 is headquartered in Sliedrecht, the Netherlands and has over 4,000 employees. It is listed on Euronext Amsterdam and is included in the Amsterdam Midcap Index (AMX).
For more information on UNIT4 or any of its operating companies, please visit the website at www.unit4software.co.uk or follow us on Twitter @UNIT4_UK
