What's New in Accounts Payable?

New features for vendor invoice automation have been introduced in the latest version of Esker on Demand. These new functionalities deliver the necessary tools for enhanced vendor invoice process management.

• The ability to manage seven levels of validation directly from the user interface without the need for extensive setup.
• A new report showing invoices received, but not yet entered into the accounting books, is now part of the list of standard reports delivered with the solution. This new report will simplify closing and accruals activities.
• The ability to identify attached documents to ensure they are kept with the invoice, skipping the OCR step and avoiding unnecessary use of processing resources.
• A user interface in Chinese (in addition to the five languages already supported).
• A simplified and streamlined interface thanks to new filters on data presented to different users. Users will be able to access data to perform their daily tasks more quickly.
• Additional document management capabilities to improve how you allocate invoices to queues based on unique exceptions. (e.g., documents in need of rescanning due to poor invoice quality, for which goods have not yet been received).
• The ability to expand the workflow triggers in order to manage complex organisational and cross company workflows.

Esker announces the release of a new version of Esker on Demand, featuring additional functionalities for vendor invoice automation. This new release strengthens Esker’s global positioning and value proposition with a unique international scope and a capacity to process vendor invoices according to formats and specifics in over 20 countries: invoice layout, paper size, currencies, date formats, tax codes, accounting charts, etc.

• A new workflow engine supporting complex invoice validation workflow scenarios.
• A duplicate invoice check tool to prevent double invoice booking and payment.
• A vendor portal empowering suppliers to access the status of their invoices 24/7.
• New out-of-the-box invoice processing scenarios
• Enhanced data recognition and straight-through processing.