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Invoice processing : involves the handling of incoming invoices from arrival to payment. Invoices have many variations and types. In general, invoices are grouped into two types: Invoices associated with a company's internal request or purchase order (PO-based invoices) and; Invoices that do not have an associated request (non-PO invoices).
Compello Software was established in 1997, focusing on electronic invoice approval. This covers invoice scanning, interpretation (OCR), workflow and ERP integration. The company merged with Client Computing Europe ASA in 2011. [8]
There are many documents used in logistics.They are called: invoices, packing lists/slips/sheets (manifests), content lists, pick tickets, arrival acknowledgment forms/reports of many types (e.g. MSDS, damaged goods, returned goods, detailed/summary, etc.), import/export, delivery, bill of lading (BOL), etc.
A variety of checks against abuse are usually present to prevent embezzlement by accounts payable personnel. Separation of duties is a common control. In countries where cheques payment are common nearly all companies have a junior employee process and print a cheque and a senior employee review and sign the cheque.
UML class diagram depicting a invoice. Electronic invoicing (also called e-invoicing or einvoicing) is a form of electronic billing.E-invoicing includes a number of different technologies and entry options and is usually used as an umbrella term to describe any method by which a document is electronically presented from one party to another, either for payment [1] or to present and monitor ...
SearchExpress includes a smartphone app for workflow approval, for example to approve AP invoices. There is also a smartphone app to capture documents, such as receipts. [ 10 ]
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