Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
An electronic invoice approval system is essential for a paperless office, serving as an automated accounts payable software solution. This system allows supplier documents—such as price updates, order confirmations, shipping notices, bills of lading, packing lists, and invoices—to be integrated directly as electronic data, provided the supplier has transitioned to electronic communication. For those suppliers still using paper or fax, the system collects, digitizes, identifies, and stores these documents in an online web-based repository for easy access and ongoing processing. The accounts payable department plays a crucial role in managing and reviewing these transactions to ensure that all outstanding invoices are approved, processed, and paid promptly. This responsibility can create numerous challenges, including potential human errors during data entry, misplaced invoices, late payments, invoice duplicates, and the risk of double payments. By implementing this electronic system, organizations can significantly enhance efficiency and reduce the likelihood of such issues. Ultimately, a streamlined accounts payable process not only benefits the department but also strengthens relationships with suppliers by ensuring timely and accurate payments.
Description
Apexanalytix stands out as the premier provider of supplier portal solutions, offering trusted data for suppliers, comprehensive controls, audit and analytics software, as well as accounts payable recovery audit services. With a staggering $9 trillion in spending safeguarded and over $9 billion in overpayments either prevented or reclaimed each year, the company boasts client portals that cater to more than 8.5 million suppliers, making it the largest supplier network globally. The foundation of our software and audit services lies in the smartvm® database, which encompasses over 90 million supplier records, all meticulously scored for both accuracy and age, thanks to integration with over 1,000 authoritative data sources and 10 million annual communications with suppliers. Moreover, the integration of apexarchimedes™, an advanced cognitive technology powered by IBM Watson®, into our software and services amplifies our capabilities in enhancing recoveries, controls, analytics, working capital management, and supplier data accuracy. This innovative approach not only elevates the standard of supplier data management but also positions apexanalytix at the forefront of technological advancements in the industry.
API Access
Has API
No
API Access
Has API
No
Integrations
SAP ERP
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
ShreeMon
Founded
2014
Country
United States
Website
shreemon.com/Product/Account-Payble-Software
Vendor Details
Company Name
apexanalytix
Founded
1988
Country
United States
Website
www.apexanalytix.com
Product Features
Accounts Payable
Approval Process Control
No
Bank Reconciliation
No
Cash Management
No
Check Writing
No
Duplicate Payment Alert
No
Fraud Detection
No
General Ledger Entry
No
Vendor Management
No
Product Features
Procure to Pay
Billing & Invoicing
No
Budgeting / Forecasting
No
Compliance Management
No
Contract Lifecycle Management
No
Financial Reporting
No
Integration Management
No
Inventory Management
No
Order Management
No
Vendor Management
No
Risk Management
Alerts/Notifications
No
Auditing
No
Business Process Control
No
Compliance Management
No
Corrective Actions (CAPA)
No
Dashboard
No
Exceptions Management
No
IT Risk Management
No
Internal Controls Management
No
Legal Risk Management
No
Mobile Access
No
Operational Risk Management
No
Predictive Analytics
No
Reputation Risk Management
No
Response Management
No
Risk Assessment
No