There are lots of fantastic integration opportunities available to help you increase the efficiency of your print business, but one area that often gets overlooked is the accounts department. But don’t let this area escape your attention - there’s plenty of scope for automation in this part of your business too. In this article we’re going to look at how you can automate the processing of purchase orders and supplier invoices.
When you’re doing this manually, you typically raise a purchase order on your MIS and, when the supplier sends over their invoice, your accounts team will manually match them up and enter the appropriate information into the accounts software. But by integrating your MIS to other solutions like V1 Document Scanning, you can remove this manual work and automate the whole process instead.
Automated invoice scanning is a pretty simple process, here’s how it works:
Occasionally the matching process will fail, in which case errors will get flagged in an error report. In this scenario, a human will need to get involved to identify the problem and fix it within the V1 software. Once this is done, the MIS will take over and push the invoice to the accounts software.
If you find yourself generating lots of purchase orders or processing lots of supplier invoices, integrations like this will definitely save you lots of time and make you more efficient - We’re sure your accounts department will thank you for that!