Manual processes add costs

The impact of manual, paper-based processes is more prevalent in invoice processing than in any other step in the purchase-to-pay process. Keying in data, moving paper, and many other manual activities create costly bottlenecks:

• Lack of visibility and control
• Increased staffing requirements
• Incorrect and duplicate invoice payments
• Lost discounts and late payment penalties
• High error rates

Process automation is the way to go

Our Extend Invoice solution optimizes process performance in financial departments and business units, enabling your organization to focus on creating added value for your clients. With Extend Invoice your business can automate the entire invoice-handling process, including paper-based and e-invoicing data capture, invoice-purchase order matching, review and approval workflow, and payment transfer.

Extend Invoice can improve your business performance by-

• Eliminating time-consuming manual tasks
• Accelerating the approval process
• Delivering faster more practical reports
• Allowing invoice review and approval 24/7
• Minimizing manual data entry errors

Our Extend Invoice solution is 100% Web based and has demonstrated average cost savings of 60% for invoice processing and 90% for paper storage.

Extend Invoice can improve your controls and ensure compliance through-

• Multi-level approvals and workflows
• Maximum control with robust approval management tools
• Complete process audit trails
• Integration with compliance and legislative requirements

Extend Invoice can help your business save money because-

• Implementation is quick and easy
• Our flexible parameter configurations can be easily adapted to your evolving business needs
• E-invoicing lowers the cost of capturing invoices
• Seamless integration allows you to leverage existing IT investments
• Stream-lined processes improve productivity

Extend makes the transition easy

Extend's automated invoice processing solution makes it easy to transition to an electronic accounts payable environment.

• No custom programming required
• Quick and easy implementations
• Seamless integration with existing systems
• Modular architecture for flexible phase-in approach

Integrate and automate your entire Purchase-to-Pay process