• Automatic retrieval of invoices from e-mails, data storages or scanners
• Document extraction – automatic recognition of the issuer, prices, recapitulation of VAT, payment and other data with an accuracy of up to 99%.
• Professional check of the extracted data
• From the moment the document is extracted in INOVIO, it can be accessed by any authorized user. For each document, you can see who received and approved the invoice and any other possible links to contracts or orders.
• In-house online storage of accounting documents with a tuned workflow

• Automatic assignment of approvers with the possibility of changing the assignment even during approval process
• Automatic notifications of approvers by email
• Approvers can export tabular summaries of documents for their work
• System requests responses to documents from all authorized users

Optional component. INOVIO modules can cover the whole process from budgetary management through purchase order approval management to AP management and integration with your ERP system.

• Check of the AP and documents according to PO’s, contracts or budgets
• Assisted accounting of the documents to cost centers, jobs and activities, inc. debit and credit sides
• Suitable also for holdings and other groupings of companies with joint owners

TIP: Complete the circulation of invoices with other modules from the INOVIO menu and thus get the digitization of other agendas, eg cash documents, cash flow, accounting machine, contracts,… Details here

INOVIO completes the process only after the invoice is transferred to the accounting system:

• Export of documents to the accounting system, which is started by the accountant as needed, without rewriting
• Back-loading of data from invoices from the accounting system into INOVIO (eg payment date, internal number)
• Automatic enforcement of documents from approvers
• Document storage with a complete history

TIP: Ask our Assisted Accounting from INOVIO.