Features of Skelta Invoicing Software

· Out of the box Approval Processes

Out of the box processes for invoice with PO, expense vouchers and invoices without PO

Customizable workflows that can be modified by business users

Completely web-based - supports centralized, distributed & hybrid processing models

Enable approvals through email, web, SMS and more

Multi-level escalations and follow ups

· Traceability, Accountability and Powerful Analytics

Visibility and transparency to track every invoice from receipt to payment

Exception handling procedures and alternate approvers

KPIs for overdue and performance analysis

Powerful web-based, real-time reports and analysis on process execution

KPIs and performance management to ensure payment as per terms

Customizable alerts and escalations for fraud detection and exceptions

· Vendor Management

Automated vendor notification and communication

KPIs and data points for overdue analysis

Activity-based benchmarks and variance analysis

Vendor-based escalations to ensure payment within due dates

· Comprehensive Document Management

End-to-end document life cycle management from point of document receipt to disposal

Integration with leading scanning hardware for scanning and storage of vendor invoice and supporting documents

Powerful search and retrieval capabilities

· Application Integration

Integration with SAP and other ERP systems for verification against PO, vendor codes and previous payments

Capabilities for integration with electronic payment processing systems

· Anytime, Anywhere Access

Access to accounts payable processes from web, email

Support for task delivery and response through PDA, SMS, Voice and other channels

Seamless integration with Microsoft Outlook - receive and respond to accounts payable tasks from Outlook

Anytime, anywhere access that supports multiple processing models - centralized, distributed and hybrid

Key Benefits

Significantly reduces order-to-pay cycles
Enhanced traceability and tracking of vendor payment processes
Built-in escalations to ensure time-based approvals
Lowers average processing cost per invoice
Paperless processing reduces allied costs of mailing, faxing & document storage
Improves credit rating with vendors
Eliminates late payment charges and fees
Facilitates centralized invoice processing
Supports off shoring and outsourcing of payment processing
Provides a platform for shared services
Reduces errors in invoice processing
Reduces time and costs for audit of vendor payment cycles