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Infographic: 6 stages of the invoice life-cycle & how to streamline these

For inventory management, many firms still rely on complex spreadsheets, other tools supporting manual processes or legacy systems, making the invoice life-cycle a hard and tedious process, when it doesn't need to be.

Do you have total visibility of each and every invoice, from it being due to being paid? 

 6 stages of the invoice life-cycle & how to streamline these

End-to-end management of the invoicing & payments workflows

How does a fast, paperless and rules-based process delivering automation of the invoice entry, reconciliation, approval and payments lifecycle sound? A system that reduces any error-prone reliance on manual processing and creating a customized audit trail for compliance and reporting purposes, Optimize Spend provides end-to-end management and oversight of the invoicing and payments workflows.

(View Infographic as PDF)

Optimize Spend - 6 stages of invoice life-cycle

Gain total visibility, automation, accuracy & efficiency

With taking these 6 steps you can streamline your invoice entry, reconciliation, approval, and payments life cycle. Gain total visibility, automation, accuracy and efficiency for each and every invoice, from being due to being paid. And only pay for what you use. 

Want to learn more on how to streamline the entire invoice life-cycle?

Download Invoice flyer       Talk to an expert

 

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