100% electronic invoices from day one

Invoice4 is a unique solution that is transforming how organisations approach the Accounts Payable process. The solution enables you to receive 100% of your invoices electronically from day one and removes the need for extensive data entry and associated errors.

By directly receipting purchase invoices, whether paper, PDF, email, XML or EDI, Invoice4 introduces a new starting point - viewing accurate, cleansed electronic invoices from your existing UNIT4 system with a structured process for managing exceptions. Fully integrated and certified, the solution provides the lowest risk and most cost effective means of capturing purchase invoices, giving you a great head start with processing invoices with the highest levels of efficiency and effectiveness.

Key business benefits

• 100% electronic invoices from day one.
• Unifies Purchase-to-Pay - driving straight through processing.
• Fully Managed Service or hybrid model – invoices received directly from suppliers via PO Box or through customer scanning on-premise.
• Single solution captures all invoice formats – paper, email, PDF, XML and EDI.
• Removes the need for manual data entry.
• Supplier on-boarding drives down cost per invoice.
• No software or hardware to install, run or maintain, depending on your existing UNIT4 solution.
• Increases control, reporting auditability and accuracy.
• Rapidly deployable and scaleable solution.

Through a combination of industry best practices and the solution, you also benefit from a rapidly deployable, cost effective system that transforms costly, error prone manual processes into streamlined, automated, value-added operations.

Hybrid Model

As a Managed Service, the solution allows you to benefit from a rapidly deployable, proven solution with no capital investment needed. However, if you wish to keep directly receiving your invoices yourself, Invoice4 can be set up so that you scan the documents and therefore retain the paper, this allows Invoice4 visibility of the scanned image to continue processing, enabling you to receive 100% of your invoices electronically.

“Despite invoice volumes growing substantially, we have managed not to recruit the additional staff we thought we would have to. This has saved us in the region of £70,000 per year. With the additional efficiencies and productivities we now have, we are enjoying annual savings of over £100,000 continuously.”

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