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Aavenir Invoiceflow

Accounts Payable

Aavenir

Introducing Invoiceflow for ServiceNow | Accounts Payable Automation Solution

Aavenir’s Invoiceflow is built on the Now platform that optimizes & automates your accounts payable operations with 
- intelligent invoice data extraction
- AI-based 2-way/3-way invoice validation
- Flexible invoice approval workflow. 

To know more visit -
https://aavenir.com/accounts-payable-automation-software-invoice-processing-servicenow/

Features found in accounts payable software products

Automated Accounts Payable Processes

Accounts payable processes are automated based on pre-determined workflows.

Vendor Management

Holds information related to vendor terms and contracts.

Tax Form Preparation

Allows users to create and share tax forms within the platform.

Payment Management

Features that allow for the management of payments across various forms of finance/accounting software.

Customizable Approval Policies

Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.

Financial Document Management

Invoices, expense reports, and associated documents are stored within the platform for any future needs.

Payment Status Tracking

Tracks what stage payments are at in the process, from approval to receipt.

Payment Audit Trail

Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.

Duplicate Bill Detection

Detects duplicate invoices or expense reports to prevent double payments.

Advanced OCR

Automatically imports information from invoices, receipts, expense reports, and other 
scanned documents into the platform.

Electronic Funds Transfer

Funds can be transferred via EFT as opposed to paper checks.

PCI Compliant Security Measures

Banking and finance information is protected according to Privacy Shield and GDPR standards.

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Accounts Payable Software

Aavenir Invoiceflow

Overview

What is Aavenir Invoiceflow?