SpringCM Automates Invoicing

Nov 11, 2010


SpringCM announced the latest release of its Invoice Automation solution, delivered on its cloud enterprise content management platform. SpringCM's newest release helps companies automate invoice processing and provides new reporting and analytics features to provide insight into invoice cycle times and bottlenecks.

Additional features of this release include an expanded business event model to enable quick configuration of rules, such as changing a vendor and automatically updating payment terms, additional wizard-based reports and dashboards to assess cycle times and identify problem areas, and a new portal to enable vendor self-service and reduce time spent by accounts payable staff responding to vendor inquiries.

SpringCM Cloud Invoice Automation fully automates the workflow process from capture of invoice information to matching, purchase order specifications, the approval and sign-off process, and electronic submission for payment to an Enterprise Resource Planning (ERP) system.