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Concur Standard Invoice Management


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Concur Standard Invoice Management

  1. 1. Concur Invoice ManagementStandard EditionAP automation made simpleFor many organizations, the invoice process is largely paper based and inefficient. THE BENEFITSTo help mid-size organizations eliminate paper and reduce costs, Concur® InvoiceManagement Standard Edition automates the time-consuming process of collecting, Expedite processingsubmitting, approving and paying supplier invoices and check requests. The service Reduce bottlenecks and delays with aneliminates the bottlenecks in processing invoices and keeps you in control. You save automated end-to-end cycle.time, drive down costs by as much as 70 percent and ultimately reduce spending. • Enter invoices into the system immediatelyConcur Invoice Management provides end-to-end invoice lifecycle management—from • Automate policy enforcementcapture to payment—in a solution that costs nothing to set up and does not require • Promote efficient approvalsIT to maintain. Gain visibilityConcur Invoice Management Standard Edition Invoice can help transform employee spendWith Concur Invoice Management Standard Edition, mid-size companies have a single data into effective decision-making information.platform for managing employee-initiated spending—whether it involves travel or office • Capture valuable datasupplies. The service enables efficient processing of supplier-payment requests with • Proactively monitor spendan easy-to-use, simple-to-install solution that eliminates paper and reduces costs. • Negotiate with suppliers• Automated workflows ensure invoices are efficiently routed and follow your Reduce costs organization’s approval process Streamline the processing of vendor and• Flexible invoice handling and reporting capabilities put you in control supplier invoices.• Automated end-to-end process eliminates manual tasks • Cut paper out of the invoice process • Reduce your invoice-processing costs by• Complete analysis of spend improves visibility as much as 70 percent• Easy implementation means you can be up and running in as few as 30 days• Provides a single platform for managing employee spend when paired with Concur® Expense Concur on your smartphone – expedite invoice approvals
  2. 2. Easy Setup The configuration wizard makes implementation quick and easy. Powerful Invoice Analytics Quickly analyze your invoice process and find opportunities to negotiate better deals with your vendors. Full lifecycle invoice management Robust Workflow Concur Invoice Management automates the entire invoice Seamlessly incorporate new suppliers while an invoice lifecycle and provides complete visibility during every step of progresses through the approval cycle. When they use the the process. The solution allows you to: Concur mobile app, employees can keep the approval cycle • Capture invoices – create and scan invoices or let moving, even when they’re out of the office! Concur do the task Automated Invoice Payments • Manage invoices – invoices are routed automatically for approval and audit Once approved, invoices automatically queue for ACH or check payment. This service substantially reduces processing costs; • Enforce policy – each invoice is systematically evaluated Concur provides ACH payments free of charge and offers check to meet your policies payments at a low fixed rate. In addition, the service ensures • Pay vendors – suppliers and vendors are paid electronically payments are made on time while maximizing cash flow. The with ACH, eliminating the need for checks time-intensive task of generating payments is removed (while • Report and analyze – all activities and transactions are maintaining complete control to hold payment at any point stored for both detail- and summary-level reporting if needed). Invoice Capture Service Powerful Analytics Eliminate the manually intensive tasks of receiving, scanning Our low-maintenance reporting solution ensures you’re able and verifying printed invoices. With this service, all invoices— to quickly realize a return on your investment. The pre-defined paper, email and fax—are sent to a central location. Concur reports, dashboards, and key metrics allow you to analyze your personnel then scan and upload the invoice, verify the data and invoice process and identify opportunities for negotiating better route it to the owner or AP department. Invoice Capture gets deals with your top vendors. invoices entered efficiently and enables faster approval and punctual payment.About ConcurConcur is a leading provider of integrated travel and expense management solutions. Our adaptableWeb-based and mobile solutions help companies and their employees control costs and save time.Learn more at©2012 Concur, all rights reserved. Concur is a registered trademark of Concur Technologies, Inc. All other company and product names are the property of their respectivemanufacturers. Specifications and other details listed are accurate as of printing, but may change without notice. BR STANDARD INVOICE MGMT NA 2012/07