TabWare Vendor Invoice Processing
TabWare Vendor Invoice Processing provides 2-way and 3-way matching of invoices with purchase orders and receipts for accurate payment, appropriate discounts and to identify variances. Accurate payment of invoices saves money by taking advantage of discounts and paying only for what you received.
TabWare’s Invoice Matching module provides a single point for accurate and easy invoice processing.
- Supports 2-way and 3-way invoice matching
- Manages invoices not associated with a purchase order (direct charge invoices)
- Manages discounts and credit memos
- Supports multiple currencies
- Handles tax accruals and freight charges
- Allows tolerance settings for invoice variances
- Links documents to invoice records
- Manages approval of vouchers for payment
- Approved transactions are available for integration with accounting systems
- Provides a comprehensive audit trail of invoice matching activities
- Accurate and timely payments
- Take advantage of supplier discounts
- Pay only for what you received
- Reduce invoice processing time
TabWare’s Invoice Matching module is easy to learn and easy to use and is an integrated part of the TabWare CMMS / EAM solution. TabWare effectively manages your invoice matching needs to maximize accuracy and efficiency.