Improve AP Process by Managing and Controlling Cash Flow with Concur Invoice
October 25, 2021

Improve AP Process by Managing and Controlling Cash Flow with Concur Invoice

Gloria Donovan | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Modules Used

  • Invoice

Overall Satisfaction with Concur Travel and Expense

Without clear control and management of funds, company can lead to losses. That’s why we are using Concur Invoice across the entire organization to automate accounting processes such as AP/AR, invoice control, and inventory management.
  • Reducing fraud in accounts by advancing compliance.
  • Capturing data in real time enables users to make better decisions.
  • Three way matching enables us to avoid overcharges, POs and accounts receivable.
  • Reducing paper works by sending e-invoices.
  • The mobile application do[es] not synchronize data while not connected to the internet.
  • Business users including me who use Concur Invoice are able to save time since the entire accounting process is automated.
  • No errors are encountered while making payments via a three-way match that compares POs, invoices, and receipts information prior to the payment.
  • e-invoice pay: After capturing invoice data, I am able to streamline account payables by selecting the best payment method and paying invoices with just a click.
Concur Invoice is the best tool to capture invoices with since it has capabilities for all sorts of organizations from small to enterprise. In addition, unlike Sage Intacct, Concur Invoice has mobile applications for both Android and iOS that make it easy to view, track and approve invoices automatically on the go from anywhere over the internet.

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To improve the visibility AP process, I would recommend prospective customers to try Concur Invoice. Also, this accounting platform will enable them to reduce data entry through leveraging machine learning.