CODA Invoice Matching - key benefits
Users will find it a powerful, highly intuitive and easily implemented addition to their existing business software, which will streamline and strengthen their invoice processing systems.
- Efficiency – ease of automation, support for self billing, built to handle high transaction volumes. Screens have also been designed to be easy to use so that tasks can be completed swiftly
- Flexibility – support for many different ways of working and either programmatic and manual input of invoices/credit notes. Also, the User Defined Fields mean these can be free format text or links to accounts.
- Familiarity - documents forming part of a match can be saved as Work-in-progress within Interactive Matching
- Speed – automating, streamlining and simplifying processes for faster, easier completion of invoice matching. Only a single point of entry for all purchase invoices is required.
- Accuracy - browser-based from end to end so the user can see all related documents from requisitions through to pay documents, either from within the Invoice Matching application or from “Account Summary” in Financials. This import facility avoids the risks of errors that can arise from re-keying or duplicating data.
- Accessibility – enabling more effective completion of invoice matching by allowing tailored levels of involvement in the process by other additional staff across the organisation.
- Visibility – offers transaction browsing and ability to view a document map with drill down capabilities.
- Integration - with source systems (whether CODA or non-CODA).
- Convenience - documents forming part of a match can be saved as a ‘Work-in-progress within Interactive Matching ensuring no data is lost and there is no need to re-key information. Documents can also be saved a ‘drafts’ within Input.
Read more about the key features of CODA Invoice Matching
Further information
This website covers UNIT4 in the UK. To discover more about the full range of ways that we can help your organisation, please:
- either continue exploring this section for more about each of our CODA financial management solutions
- or read more on this website about our specialisations, sector focus, services or company
- or contact us to discuss your requirements in more detail.