SYSPRO's Accounts Payable Invoice Automation facilitates efficient invoice processing by extracting and validating data from supplier invoices against existing records, ensuring accuracy without the need for manual field mapping.

The demo video highlights the capability of SYSPRO's Accounts Payable Invoice Automation to streamline invoice processing by automatically extracting and validating invoice data such as supplier codes, invoice numbers, transaction amounts, and relevant dates. This process negates the necessity for prior field mapping due to the intelligent document processing tool. The system maintains SYSPRO's logic for anomaly detection, like spotting duplicate invoice numbers and automatically calculating due dates and discounts. It also incorporates a sophisticated three-way matching system that verifies purchase order numbers against received goods, pinpointing discrepancies efficiently for exception management.

Topics

• Introduction to Invoice Automation: Introduction of SYSPRO's Accounts Payable Invoice Automation feature, highlighting its efficiency and no-need for prior field mapping.

• Intelligent Document Processing: The process of extracting data from various formats of supplier files and validating it against SYSPRO to identify correct supplier information.

• Three-way Matching System: Demonstration of how the system automatically validates purchase order numbers and performs detailed line matching for price and quantity checks.

Insights

• Efficiency and Accuracy: The automation significantly decreases the need for manual data entry and increases the accuracy of invoice processing.

• Exception Management Focus: The system allows users to focus on managing exceptions, notably discrepancies, by clearly identifying them.

• Real-time Visibility and Control: Offers end-to-end visibility into the invoice processing status, facilitating better control over accounts payable processes.