Invoice Approval Software, Invoice Approval Workflow [300+ Happy Customers]

Automate invoice approval, processing, and routing for a more efficient and error-free AP process without IT help.

Is Your Current Invoice Process Manual?

Invoice approvals at many companies require a slow, manual process subject to human error. Whether the approval process is via paper or email, it results in long approval cycle times that slow down the business and require escalating overhead to keep up with.

In the meantime, managers have little visibility into where bottlenecks are occurring and don’t have the proper tools and reporting to audit the process for compliance. Basically, finance managers are flying blind as invoices pile up Downstream; the business suffers from late payments, lost invoices, and cash flow issues.

Upcoming AI Capabilities for Your Invoice Processing

Automating with Invoice Approval Workflow Software

Your invoice approval process may not be like that of another company, but like any other company, you need to automate as much workflow as possible. Using our invoice approval workflow software, you can design and implement a completely automated approval process that follows your company’s standards and procurement process. Automation and logic follow your specific required business rules, including approval hierarchies, escalations, exception handling, etc.

Managers submitting invoices can click a dashboard button to launch a new invoice approval, quickly fill in the relevant information, attach any relevant files, and submit. Meanwhile, approvers get alerted to any new requests, can quickly review the information in an email (or within the portal), and can approve, reject, or send the request back for more information.

Limits can be set for invoice amounts, triggering an escalation to a higher authority if needed. Meanwhile, the requester has complete visibility into where their request resides at any time until the invoice is approved or rejected.

We have an app for that!

Need to get up and running quickly with an automated invoice approval process? Nutrient Workflow customers have access to pre-built Process Apps. Just download, configure, and launch.

Check Out the Apps

Example: Approval Workflow Process for Invoices

This example of an invoice process contains several checkpoints and approval levels to ensure proper standards are met before approval.

Nutrient Workflow customers can download our free “Vendor Invoice Approval Workflow & Payment Process” template.

Invoice Processing with OCR and AI

If your invoices start on paper or as PDF files received via email, Nutrient Workflow can help you process them using OCR and AI to eliminate manual data entry. 

Invoice Imaging and Robotic Process Automation

If your process demands the ability to scan hard copy invoices or manage tasks using RTP (Robotic Process Automation), we have a solution using our certified partners to ensure you have access to the latest technologies. Imaging and RTP services can further reduce the manual handling of invoices and improve data accuracy.

Invoice Approval Automation Benefits

By automating the AP/Invoice process, you can expect:

• Shorter cycle times

• Standardized, compliant invoice handling

• Complete transparency and insight into who, what, when

• Seamless collaboration between AP teams and the rest of the organization

• Better exception handling

• More early payment discounts

• Integration with your ERP, Accounting, or other enterprise systems

AI Features: Intelligent and Standard Data Capture for Invoice Workflows [Upcoming Features!]

Invoice Approval FAQ

What is invoice approval workflow software?

Invoice approval workflow software automates the digitization, processing, and approval of invoices to enhance efficiency, reduce errors, and ensure compliance within accounts payable workflows.

How does Nutrient Workflow’s invoice approval workflow software work?

Nutrient Workflow’s software uses automated workflows to manage invoice submissions, approvals, and processing, allowing users to submit invoices through a dashboard, attach relevant files, and track the approval status in real time.

What are the benefits of automating the invoice approval process?

Automation reduces manual handling, minimizes errors, shortens cycle times, ensures compliance, and provides full visibility and tracking of the entire approval process.

Can Nutrient Workflow’s invoice approval software handle paper and PDF invoices?

Yes, Nutrient Workflow can process paper and PDF invoices using OCR (Optical Character Recognition) and AI to eliminate manual data entry, ensuring accurate data capture and processing.

How does invoice workflow software integrate with existing systems?

Nutrient Workflow’s invoice approval software integrates with ERP, accounting, and other enterprise systems to streamline the entire accounts payable process and ensure seamless data flow between systems.
 

Interested in Automating Your Invoice Approval Workflow?

We have a variety of resources to help you on your journey to an automated workflow.

• Workflow Tools and eBooks

• Workflow Ideas Weekly eMail Newsletter

• Recorded Demonstration of our Workflow Automation Software

• Request a Live Demonstration