Invoice workflow automation
Based on DocuSphere technology, Tungsten Network helps clients automate accounts payable processing using standards-based, SAP Certified Integration and Oracle Validated Integration for Oracle E-Business Suite and JD Edwards. Our invoice and workflow automation solution was purpose-built to be flexible and configurable to optimize each client’s unique AP workflow process.
PO backed invoices go through automatic 2- or 3-way matching, leveraging invoice line items, ERP data and tolerance matching rules in real-time. Non-PO backed invoices go through a general ledger coding and approval process that is configured according to the customer’s business processes and authorization matrix. Tungsten also provides complete exception handling.
After successful processing of PO backed and non-PO invoices in workflow, we automatically post transactions for payment into the ERP system without the need for human intervention. We continue to monitor payment processing in the ERP system and pull back the associated payment data to provide end-to-end visibility from invoice receipt to payment. The system processes e-Invoices received via direct integration with the Tungsten Network, and paper-based, emailed PDF and faxed invoices through intelligent capture OCR.
Our visual process modeler enables business process-oriented personnel to maintain the workflow procedure without the need of IT skills, either from internal IT departments or third-party consultants. Our technology is expandable beyond AP to other BPM applications.