Invoice Processing & Tracking
Processes of Docuspeedy IPTS
SaaS Application
A SaaS platform is a
solution used to sell, distribute, and manage cloud-based software and
services. A SaaS platform is a type of digital platform. Much of the technology market has shifted from
traditional software models – where the buyer purchases an application and then
installs it directly on a device or server – to the SaaS model. SaaS stands for
“Software-as-a-Service.” This kind of software is hosted in the cloud and
customers access their applications remotely, often through a subscription package.
In this environment, the SaaS platform serves as a key piece of technological
infrastructure. A SaaS platform can offer a wide range of features and
functionalities, but to be most effective, the solution should make it easy to
streamline application onboarding, automate back-end processes such as billing,
and instantly provision cloud-based solutions.
Flexible Business Process Management
Process flexibility is defined as the ability of process management for innovative product design to respond to changes in initial requirements happening before production in a timely and cost-effective way.
Paperless Automation
The Paperless Technique includes a work culture in which the use of paper is minimized by transfer of work on digital servers, applications, portals, and computer systems.
Invoice Scanning & Archiving
Invoice scanning refers to the process of capturing and extracting invoice data (vendor, date, amount, invoice number etc.) for downstream business processes. Archiving systems enable organizations to quickly conduct an initial search and review of the archive for data that is potentially responsive to a litigation request or an internal investigation
Retrieval of Archived Documents
Data Archival and Retrieval solution is a cutting-edge archival and reporting solution for banks and financial institutions. The need of a database archiving solution arises due to migration or retirement of existing applications.
Online Invoice Tracking
The process of tracking an individual invoice from the time your business receives it to the time you pay it.
Online Invoice Processing
Invoice processing involves the complete cycle of receiving a supplier invoice, approving it, establishing a remittance date, paying the invoice, and then recording it in the general ledger. It is a critical aspect of running a business.
Workload balancing of Different Stack holders
Workload balance refers to all steps in a process having roughly the same workload so that the flow of work through these process steps is balanced.
Online Authorization of Invoices
Invoice approval, also called check authorization, is a document that lists the steps and documents required before an invoice can be paid. In other words, this is the approval process that the accounting department must perform before it is allowed to cut a check for the purchase of goods.