Ariba Inc. has released a new version of its software platform for collaborative commerce. Enhancements to the Ariba-Invoice Management Suite feature "next-generation" intelligent electronic invoicing capabilities. Delivered on-demand via the Ariba Management suite, the tool allows e-invoices to undergo an automated validation process upon supplier submission. Validated invoices are then posted directly to enterprise resource planning (ERP) systems for on-time payment and discount capture. As a result, Ariba said, companies can accelerate processing of valid purchase order and non-PO invoices. They can perform automated, detailed PO line-level matching on any invoice, including scanned invoices. And they can simplify the management of rejected invoices and dispute resolution. The suite, which allows for a "touchless" global invoicing process, features an expanded set of country-level business rules which can be applied to e-invoice templates, with the ability to include default e-invoice configuration by country. It can also capture withholding-tax support in applicable countries for specific suppliers. And it automatically selects titles for invoices and credit memos that follow country-specific guidelines.
Read Full Article
Enjoy curated articles directly to your inbox.