Add intelligence to your business processes with Fetch
Accounts payable: faster, cheaper, and more accurate
Fetch will read the information on your Supplier’s PDF invoices, match the data to your Purchase Order/s in your ERP application, apply your business rules including calculations if required, facilitate coding, and then Post the transaction to the ERP system. Once processed, Fetch will save your documents in a fully searchable format in a folder structure that suits you so that your team can access from within the ERP system.
Your staff simply have to verify that the information is correct and let Fetch do the rest! It’s fast, easy and the more you use it, the better and faster it gets as it learns as it goes.
Achieve cost-effective and transparent invoice processing from document arrival through invoice scanning to posting direct to your business's MYOB ERP Solution; either MYOB Advanced or MYOB Exo.
Fetch Automated Supplier Statement Reconciliation for MYOB Exo
Fetch now includes the ability to check/reconcile Supplier Statements within seconds.
Features include:
Instant reconciliation of Supplier statements, checked against the invoices recorded in MYOB Exo.
The ability to email Suppliers from within Fetch when querying invoices.
Recording notes against Statements for future reference.
Update invoices to a Pay Status of Released if accepted.
The ability to view the pdf copy of the Statement within Fetch.
Indicate if any invoices that are on the Statement have been paid since the statement was produced.
Highlight any keying errors for any manually entered invoices so they can be fixed (invoices can be edited in MYOB Exo if they have not yet been posted to the GL).
Move away from the routine operations
- Manual invoice data entry
- Compliancy verification
- Checks against purchase orders
- Identifying the right approvers.
Achieve increased operational efficiency
- Reduce the workload of AP staff with automation of invoice capture
- Lower costs by avoiding photocopying and physical delivery of paper documents
- Realise additional cost reduction by avoiding late charges and leveraging dynamic discounting.
Improved invoice lifecycle
- Always be sure of each invoice’s arrival at your AP department
- Eliminate the problems caused by lost or delayed documents
- Ensure identical processing of invoices arriving from different sources and in multiple formats
- Enjoy greater visibility into payment liabilities, due dates, and invoice statuses.
Risk mitigation
- Higher security, thanks to automated checks and master data matching
- Easy identification of duplicate, incorrect and invalid GST invoices
- Assured regulatory compliance
- Easy retrieval of documents in case of audit and inquiries.
A seamless process
“The whole process of putting Fetch in was good. It was seamless, the training was great, the Fetch consultant was responsive and easy to get hold of and nothing seemed to be an issue. Fetch has given a big impact to the business.”
Jo Dudding, Office Manager, DSK Engineering
Keen to find out more?
Contact us today to find out how Fetch invoice processing can add electronic efficiency to your accounts team.