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References in periodicals archive ?
For example, if process instance X and process instance Y both have the path "Create Purchase Order [right arrow] Signature [right arrow] Goods Receipt [right arrow] Invoice Receipt [right arrow] Release [right arrow] Payment," then they are grouped into the same variant.
According to IA4SP, the customer project "Central invoice receipt - advantages and savings through the introduction of xFlow Invoice for SAP" generated the greatest value for a customer.
To obtain the benefit, farmers will submit the invoice receipt by contacting the designated bank and after necessary action, loan of up to 70%, according to the current rate of the crop, will be disbursed.
However, EDI is now being surpassed by sophisticated freight bill payment and invoice receipt validation software; sophisticated communication flow between the shipper, carrier and third-party logistics providers (3PLs); Automated Payment Information (API); acceleration toward the consumption and utilization of data; closed loop payment billing cycles; and advanced analytics.
Chavez has said that the Commission on Audit requires that spare parts must have a certificate of origin, manufacturer's inspection report, certificate of warranty, invoice receipt, inspection report.
A/P attempts to monitor important metrics and trends, such as the timing between invoice receipt and payment date or the number of times invoices are routed back to a department approver for additional information.
* Management was able to gather and analyze metrics and to calculate the total time to process (from invoice receipt to payment issuance).
According to Parkman, leveraging Elevate's services with Mitratech's ELM technology has already helped mutual clients save money in several ways, including realizing additional cost savings as a result of more sophisticated and consistent review, reassignment of in-house staff to other valuable work in the department, reduced cycle time between invoice receipt and payment - enabling early payment discounts, and enhanced invoice management and cost control processes.
During the delivery of the vehicles, Raspado and Ramos signed the invoice receipt of property (IRP) as proof of receipt despite the lack of physical turnover of the vans.
Centralize invoice receipt. Implementing a process in which suppliers send invoices directly to the AP department adds a layer of control to the entire AP process--and also provides the ability to save significant time and money.
According to ReadSoft, with its SAP-certified automation solution, its customer is able to reduce the effort of its existing P2P operations and minimise the time from PO creation to purchase and invoice receipt to payment.