What is Exception Management in Accounts Payable?
Ideally, any invoice amount should match what is in the purchase order with what is actually delivered. This scenario allows for a smooth accounts payable process, from the receipt of invoice to processing, and then finally, payment and archiving.
Why ERP Alone Isn’t Enough for Invoice Processing
Many Enterprise Resource Planning (ERP) systems offer procurement and invoice processing modules in their solution. Having this data together in one place provides management better oversight and control of the business.
PEPPOL e-Invoicing for Small Business in Australia
Small businesses often encounter numerous challenges when it comes to invoicing, which is why e-Invoicing for small businesses is increasingly being adopted to streamline the process.