Exploring Accounts Payable Automation and E-Invoicing Linkages – Entering, Validation and Matching Jason Busch - August 12, 2015 6:47 AM | Categories: Accounts Payable, Finance, Invoicing, Research Download, Technology | Tags: L2, Technology The next element of accounts payable (A/P) automation involves entering, or ideally the automatic entry, of information. As with receipting in the A/P automation process, e-invoicing can enable pre-validations to occur before information hits a buyer system. Many of these include activities that can also be streamlined based on pre-systems routing and validation from e-invoicing programs. Key activities here include: Input of invoice data into payables system including summary invoices Receipt and purchase order downloads for 3-way or 2-way match Account downloads from the ledger to the accounts payable system Next up are validation and matching. These steps include many activities that can also be streamlined based on pre-systems routing and validation from e-invoicing program steps such as: A/P verification and approval Manual processing of rejected items Management of tolerance policies PO conditions established by buyer or contract System matches line items Exceptions reported System provides option for early pay System takes discounts where appropriate Payment authorization Pre-validation, validation and matching are key to both A/P automation and e-invoicing programs. For further background on the topic, we encourage you to download the paper, Understanding How E-Invoicing Fits, from the Spend Matters research library. (Note: The paper is available for free download for a limited period of time.) This article leverages content and ideas from the Spend Matters Perspective: Understanding How E-Invoicing Fits. Authored by Spend Matters Founder and Managing Director Jason Busch, with input and guidance from Trade Financing Matters’ David Gustin, it provides a foundation for organizations considering or already putting in place ane-invoicing or purchase-to-pay (P2P) program. Related ArticlesExploring the Billentis 2015 E-Invoicing Report: Top Level Findings in Public Sector Trending and AdoptionAccounts Payable Automation and E-Invoicing Linkages – ReceivingE-Invoicing Discovery Questions: Where to BeginDoes the Middle Market Understand how E-Invoicing Fits?5 Catalysts for Third-Party Funding of E-Invoicing Discuss this: Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Notify me of follow-up comments by email. Notify me of new posts by email.