Why AXtension® Invoice Processing?
Processing accounts payable invoices can be a time-consuming task. For many organizations, it is hard to get a grip on the invoice handling process and this is especially true for organizations with complex approval processes. AXtension® Invoice Processing optimizes the accounts payable invoice process in Microsoft Dynamics AX2012, with a single point of handling that offers easy access for invoice approval. With the visual control signals the approver can now manage by exception. The customer saves money with shortened approval cycles that lead to the use of early payment discounts, and reduces manpower and errors resulting from manual input.
What is AXtension® Invoice Processing?
AXtension® Invoice Processing:
- Provides easy identification of cost purchase invoices, allowing the user to digitally control the invoices from a single point of handling.
- Enables specific invoice items to be posted to general ledger accounts in one operation.
- Is an integrated enhancement to standard Microsoft Dynamics AX Accounts Payable and integrates standard functionality such as Workflow, Journals, Voucher numbers and the new Vendor Invoice functionality of AX.
- Supports multiple process steps such as identifying invoices before further processing.
- Matches a single supplier invoice against multiple packing slip lines as it moves through the entire workflow, including the authorization procedure.
- Offers full electronic support and the invoice undergoes a number of user-defined authorization steps. By effectively defining the parameters settings, any workflow is achievable.
- The parameter settings allow the user to define the maximum number of variations to be automatically posted. Invoices that correspond to the purchase order and the number of set variations are fully booked at the moment of registration and no individual processing workflow is created.
- Enables saving invoices via AXtension® Enterprise Content Management, which means you can see all invoices in different studio’s, such as, a studio per project, per asset or per supplier.
- Offers extended packing slip matching.
