Enterprises are realizing huge benefits from automating their accounts payable and receivable processes. These include time and cost savings through faster and more efficient invoice processing, better supplier relationships, and greater control and visibility throughout the invoice life-cycle.
Datamatics’ iPM is a highly customizable web-based workflow system designed for accounts payable (AP) and accounts receivable (AR) processes. iPM enables auto-routing of invoices for approvals, provides real-time information through a role-based authentication (RBA) system, and enables web-based invoice submission as well as tracking, and maintains a complete audit trail. Datamatics’ iPM facilitates end-to-end automation of invoice processing and eliminates error.
With transparent invoice tracking, Datamatics’ iPM ensures faster invoice approvals and real-time reporting. Due to the automated invoice processing affected in both the AP and AR domain, iPM imparts high agility, transparency, and visibility to the F&A processes thus ensuring better control and compliance. iPM is widely used by large global organizations, including Fortune 100 companies.
Ensure timely release of payments and enjoy early payment discounts through automation and agility achieved in the AP domain
Accelerate the F&A back office operations and processes with automation backed by Agile principles and world renowned F&A best practices
Stay ahead on the statutory compliance trajectory with the formal conformance with accounting norms and principles of the state
Improve resource productivity as well as cash flows and timeliness in the payments and receivables thus ensuring faster realization of RoI
Ensure a strong hold on the CFO back office operations along with transparency and agility and grant higher levels of accountability to resources
Ensure seamless integration with contemporary finance and accounting applications as well as enterprise resource planning solutions and platforms to ensure consistency and auditability of the CFO back office operations and data
Ensure high level of interoperability with existing back office automation solutions
Institutionalize AI-enabled matching across invoice, purchase order, and receipt for all transactions
Ensure seamless automation of finance and accounting processes across multiple levels
Expedite invoice processing and accounts processing in the CFO back office
Adopt the intelligent process manager powered by workflow, robotics, and intelligent algorithms to automate complex processes
Ensure high traceability and accountability across all finance & accounts transactions
Auto-generate audit trails and ensure audit readiness at all times
Improve the agility of the existing working models across large distributed systems with iPM intelligent process manager
Facilitate administrator level dynamic changes in workflows in accordance with Agile principles
On-board suppliers and ensure knowledge transfers in tandem for commencing operations right from day one
Improve the digital preparedness and readiness of the entire value chain for facilitating end-to-end procure to pay (P2P) and order to cash (O2C) operations
Ensure seamless automation and any time anywhere access of the digital invoicing and payment platforms for F&A resources as well as the vendor and supplier side resources
Ensure administrator level auditor roles can perform monthly and quarterly audits and institutionalize governance
View the webpage content as per the language selected, such as English, Hindi, Mandarin, etc.
Import a new language vocabulary setup for faster go-to-market.
Factor in the taxation rules across different regions/states by integrating third-party cloud taxation engines
Automate the reconciliation processes across the F&A functions
Identify gaps and remediate at an accelerated pace with iPM
Reduce the cycle time from hours to seconds and improve productivity
Automate the invoice posting in the enterprise ERP systems
Engage ad-hoc as well as batch posting of invoices
Thousands of businesses trust us to deliver perfection every day.
Chief Financial Officer
Company Size: 500 Mn - 1 Bn USD
Industry: Manufacturing
Head Collection Strategy Analytics & QA
Company size: 500 Mn - 1 Bn USD
Industry: Finance
Senior Executive in the Construction Industry
Company size: 1 Bn - 3 Bn USD
Industry: Construction
Datamatics is a Digital Technologies, Operations, and Experiences company that enables enterprises to go Deep in Digital to boost their productivity, customer experience and competitive advantage.