Reduce Invoice & Processing Costs
and Shorten Invoice Approval Time
How Our Contractor Invoicing Processing Software Works
Invoice Manager is ServiceChannel’s answer to payment processing and invoice automation software. Our cloud-based solution tracks invoices from work order creation through invoice submission, approval, and electronic payment.
Invoice automation software is a benefit to facilities management, location staff, Accounts Payable and service providers. The Invoice Manager easy-to-use dashboard provides transparency into every step of invoice processing. Invoice automation enables facility operations to manage how and when service providers invoice; when to automatically approve invoices; and when invoices need to move up the hierarchy for review and approvals. The result: more transparency, more efficient expense tracking, and better budget management in the invoicing workflow.
Invoice Automation in 4 Simple Steps
- On-site staff approves the work order
- Contractor creates an invoice via a simple interface or via batch loader
- Invoices that meet your validation rules based on a configuration of trade, category, amount are auto-approved
- Higher value invoices (above NTE parameters) are made available for review and approval
ServiceChannel’s invoice automation software easily integrates into your company’s financial system, saving even more time and further reducing potential errors. And while Invoice Manager functionality includes invoice auto-approval, you always have the ability to review rates and contractor check-in data.
Invoice Manager invoice automation streamlines Accounts Payable even further: pay individual invoices or approve payments in bulk (and then pay via Payment Manager). Real-time tracking lets you monitor cash flow.
As specialists in invoice automation software, ServiceChannel lets you tailor dashboards to best align with your Accounts Payable workflows and set KPI parameters. Gain greater clarity about spend by trade, location and contractor.
How It Helps
Spend less time reviewing/approving invoices, and managing payments
Eliminate invoice re-keying and cutting volumes of checks
Enhance Compliance and Security
Audit trail provided for all invoices and payments