Match Vendor Invoices to Purchase Orders and Receipts
Replace time-consuming, manual three-way matching with PaperTrl
View and compare PO’s, receipts and invoices on a single screen
Identify discrepancies before paying vendor invoices
Utilize automated approval workflows to ensure proper evaluation and approval
Integrate PO, receipt and invoice data with your ERP system
Generate audit reports showing invoices with supporting documentation
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Delivering Real-Time, 24/7 Access, Visibility, and Control
Reduce monotonous, time-consuming data entry to streamline invoice processing time.
Create a standardized, single flow for all incoming invoices, ensuring invoices are accounted for the first time.
Provide vendors real-time visibility into invoice status, eliminating back-and-forth communications.
Improve cash flow and vendor relations by avoiding late payment fees and managing discounts.
Improve accuracy by minimizing human error and integrating with your existing accounting software.
Create reports that provide greater insight in order to make smarter, more informed business decisions.
How It Works
From start to finish, the VendorTrl automates the AP process, helping businesses simplify and streamline review and approvals, reduce processing time and associated costs, and minimize the potential for human error.
“Throughout a period of substantial expansion, a massive growth in vendors and invoices overwhelmed our organization and created significant manual work for our AP department. VendorTrl automated our entire AP process, from invoice submission to approvals to payment, for about 1,200 invoices per month from 650 vendors. The efficiencies saved us the equivalent of one FTE across various levels of staff, saving Tidewater over $100k annually.”
Jim Abbott, Vice President, Tidewater, Inc.
“As a smaller company where most of our staff wears multiple hats and works with a lot of outside vendors, PaperTrl has allowed us to be responsive without having to hire additional staff. It’s also given us better visibility into our AP so we can better manage cash flow. With PaperTrl we are equipped to operate like a much larger firm.”