Invoice Automation – So you can successfully capture and OCR your Invoices!
Perfect, but what about the integration with your Oracle ERP platform?
Importance of Integration to Your ERP
The integration with your Oracle ERP platform is essential if you are using Oracle (Fusion) ERP Cloud, E-Business Suite, JDE or PeopleSoft, as it is critical that you can obtain all the required master data for your invoices. This must include; Supplier Details, Purchase Orders, Line Items, Receipts and more. This information enables you to successfully validate the extracted data you have obtained from the invoice and match it to the data in your system.
Then once all the invoice data is validated, it needs to be submitted to your ERP platform and so often, we hear the phrase “here is the flat file for you to import”!
Sometimes integration and the importance of it is massively overlooked. 
Why?
The whole point of automation is to save time and money, which is the opposite of a flat file that has no integration to validate and import the data into your ERP.
Whereas integration allows the full benefit of validating the data your ERP requires from that invoice to meet your business processing, along with making sure there are no errors or additional manual tasks, which consume time and effort.
If you would like to find out more and see our Mi Invoices solution integrated with your ERP 
Our Integration
At Arcivate we have liaised closely with Oracle to tightly integrate our Mi Invoice solution with your ERP. We integrate all the relevant metadata and add the URL of the invoice image and audit file, directly into your environment and into the ledger ready for payment. As our solution supports validation against ERP master data as it is uploaded into the solution this allows for checks such as duplicate invoice, supplier identification and purchase order data. Any issue that arises can then be dealt with.
Our integration makes use of Oracle approved interfaces and we have had this certified as part of our Oracle Marketplace entry and our Integration Cloud award.
Mi Invoices integrates with the leading ERP solutions Oracle Fusion ERP Cloud and E-Business Suite (EBS)
For more information on Invoice Automation please see:
No PO No Pay Policy – the key benefits and challenges
“No PO No Pay” is a simple concept: If an invoice is received from a supplier with No PO associated with it, the invoice will not get paid. The overriding objective is to improve efficiencies in your business’ procurement processes – making it easier to track expenditure through the purchase order history and it promotes best practices in channelling company expenditure through a formalised procurement process.
Mi Invoices Automated Invoice Processing Case Studies |
| Learn more about our capabilities and experience from our customer successes in accelerating their processing of Supplier Invoices. |
