Datamatics offers its enterprise customers a suite of hosted work-flow solutions for end-to-end payables management. The hosted platform can manage a wide range of invoice types received through a variety of channels such as email, web interfaces, vendor portals, and physical documents (mailbox).
Datamatics Payables Management solutions include:
- Purchase Order raising
- Invoice processing
- Non-PO invoice settlement
- 2-3 way invoice matching
- Out-of-turn utility and urgent invoice processing
- Vendor maintenance
- Vendor management
- Vendor account reconciliation
Datamatics is a One-Stop-Shop for organizations’ Accounts Payables processing needs, with processing centers across the world. Datamatics utilizes best in class processes and procedures coupled with next-generation technology solutions to complement existing client ERP platforms and help businesses increase efficiency, quality, and turn-around of their accounts payables processes.
Datamatics also offers an Invoice Processing Portal, InvoiceTiger, for our US-based customers.
- Reduced manual effort, leading to 35% improvement in efficiency of invoice processing
- Process turn-around time as low as 2 days
- Discount management services to help clients capitalize on early payment linked discounts
- Penalty avoidance with timely alerts and automated approval routing