Chrome River for Invoice Processing is Becoming Emburse Expense Enterprise

Leverage the Purchase Order module to create purchase requisitions for pre-purchase authorization and ultimately, for approval and conversion into purchase orders. As an addition to Invoice Enterprise, Purchase Order allows you to rest easy knowing your end users are creating requisitions and purchase orders in one digital platform with an elegant and intuitive user experience on their device of choice.

Purchase Order offers a configurable entry screen for entering requisition header and line item detail. Attach supporting documentation and add notes for a complete request.

Once created, the purchase requisition is routed according to flexible and configurable routing rules defined to meet your business needs. Routing rules can be created based on any attribute of the purchase requisition record such as vendor, accounting data, date, amount, what is being requisitioned, etc.

Notifications are sent to approvers who can review, approve, reject, or return a purchase requisition for correction. Approvers can easily add additional ad hoc approvers during the process if additional review is needed. Approving requisitions and their associated documents in Invoice Enterprise is simple and consistent across modules with notifications and review capabilities right from your email.

A single intuitive user experience for approvers across devices and applications provides simplicity to ease user adoption and remove the need for additional training.

We understand that you may have complex purchasing policies. Different types of purchase requisitions may require additional explanation, details, and approvals depending on spend threshold or category.

Invoice Enterprise's embedded business rules engine allows you to configure business rules to ensure your policies are enforced.

Combined with the approval workflow, you can be sure that when your requisitions are converted to purchase orders, they are complete, correct and ready to be sent to the vendor.

When invoices are subsequently sent to you by your suppliers, you want to be sure you are paying for exactly what was ordered and received. Approved purchase orders created in Emburse Purchase Order are matched when the invoice is received and processed in Invoice Enterprise.

Invoice header and line item detail are extracted from the invoice image via OCR vision and copied into the invoice record. Invoiced amounts, unit prices, extended prices, and quantities are compared and matched to approved purchase order amounts.

Invoices that do not match (either exactly, or within customer-specific matching tolerances) can be routed within the system to the appropriate party such as Purchasing, Receiving, or a Requester to resolve any two-way or three-way matching exceptions.

Take it one step further and leverage the Invoice Receiving Module to document goods receipts against purchase orders, directly within the Invoice Enterprise application.

You need the power to make data driven business decisions and negotiate better contracts with your suppliers. Through Emburse Analytics, the procurement and finance teams can perform detailed spend analysis across purchase order and invoice records to help manage costs and ensure your organization receives the maximum benefits and discounts from your vendor negotiations.

Invoice Enterprise's Purchase Order module provides visibility into your procurement business process flows by automating the creation of purchase requisitions which not only creates significant cost and time savings over manual processes, but it gives your organization visibility into where the requisition sits in the workflow and how much committed spend your organization has made via purchase orders.

This is insight you simply don’t have when paper is sitting on someone’s desk. Contact us today to let business flow with Invoice Enterprise.