Automated Invoice Processing Software System

Effortless Invoice Processing.

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As a startup or scaleup, you’ll know that keeping on top of an ever-growing mountain of supplier invoices is a demanding task.

Without a simple and efficient system for managing your business payments and outgoings, invoice processing quickly becomes overwhelming.

What if technology could automatically scan, categorise and post your invoices into your finance system, and deliver visibility and control over all of your invoice processing activities? Introducing Verify…

Save a significant amount of time processing invoices

Reduce supplier invoice processing errors

Make your invoices easier to access and track

Avoid late supplier payment fees

Free up resources to concentrate on scaling up your business

Improve your financial reporting capabilities

Find Out How Verify Works

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Goodbye, manual invoice processing. Hello, Verify.

Verify is a cloud-based automated invoice processing system that helps make invoice processing easy.

So how does it work?

It intelligently captures the header and line items from your supplier invoices, automatically matches to the relevant purchase order/s and routes any exceptions for approval. Where orders are not available, invoices are coded, routed for approval by fully customisable routes and automatically posted to your finance system.

Verify gives you the confidence that the data posted to your finance system is approved, correct and ready for payment. It allows you to maintain control throughout the process, knowing exactly where each invoice is and where it has been. Plus, Verify has flexible reporting capabilities, allowing you to create customisable accounts payable reports that are suitable for your specific business requirements.

Supercharge Your Business' Invoice Processing

Integrations

Verify integrates with all leading Finance Systems – including:

Sage 50, Sage 200, Sage Business Cloud, Xero, Quickbooks, Microsoft Dynamics 365 Business Central and iplicit.

Click below to learn more about how it works with your system.

Don’t see your finance system on this list? Don’t worry, Verify still integrates with it!

Click below to contact us and find out more.

Exclusive Eagle Labs Offer

Market research suggests that, on average, it costs £4-25 to manually process an invoice. With Verify, this time is hugely reduced by shifting from data entry tasks to automated data capture and posting processes.

Manual Processing

£ 4-25

Per invoice

Automated ProcessingWith Exclusive Eagle Labs Offer
			 £ 0.50p 
			Per invoice

Access Exclusive Eagle Labs Offer

How Does The Process Work?

Extending to any type of document – electronic (Word, PDF and more) or traditional paper – automated invoice processing begins with intelligent scanning.

Key invoice fields are identified and captured, then data is sorted and categorised, following a set of pre-designated rules and logic. Invoice lines are automatically three-way-matched against your purchase orders and receipts to enable straight-through processing, saving your business a significant amount of time. If a receipt is now available, the invoice is matched to the PO before entering a matching stage. Should any information within an invoice be unidentified or inconsistent, it can be labelled as an exception and routed for manual approval. Once approval has taken place, an invoice is transferred to your accounts system for final payment.

Throughout the process, complete visibility is provided on the stage of each invoice, while posted invoices are archived within your chosen document, information or accounts management system.

And best of all, you can access the system at any time, from anywhere.

Avoid Late Fees

Manually processing paper invoices increases the risk of late fees. Automating the process allows you to keep track of due dates and prioritise invoice payments.

Negotiate Discounts

By tracking invoices you can negotiate discounts with suppliers for early payments, ensuring that you always meet your commitments.

Agile Paper-Free Processing

The process can be 100% electronic, with no need for paper. You can also process invoices from anywhere, anytime.

Reduce Errors

By tracking invoices you can negotiate discounts with suppliers for early payments, ensuring that you always meet your commitments.

Cut Unnecessary Waste

Many companies continue to print digital invoices before manually processing them – shifting to automated invoice processing removes the need to print, reducing unnecessary waste and costs.

Prevent Fraud

Automated Invoice Systems can validate supplier details on your finance system, reducing the risk of fraud.

Free up Resources

Not having to extract data from an invoice manually and check it against the purchase order line by line significantly reduces processing time. >90% of your time spent keying in hundreds of invoices can be saved.

Simplified Tracking

Invoices can be tracked along their entire journey, recording opens, responses and any other actions, so you know the exact status of each invoice.

Supercharge Your Business' Invoice Processing

Why Verify?

Free and Regular Updates – Anything from bug fixes to brand-new powerful features.

On Tap Support – Account Manager and software support included as standard and available Monday-Friday 9-5.30.

Simple Speedy Install – Only takes 3-4 hours and is completed by us, for free.

Unlimited Data Storage – Never worry about running out of space to store your invoices.

Integrations with Many Finance Systems – Whether you use a popular finance system like Sage or Xero, or an uncommon one, Verify can most likely link to it.

Expert Advice Always Available – Guided training is included in set-up and refresher training is available at no additional charge.