Fusion Payables - Streamline Your Invoicing
The Accounts Payable department
used to be awash in paper, drowning in invoices, bills, and agreements. The
switch to computerized systems has changed this somewhat, allowing
organizations to track everything electronically. However, many vendors still
insist on sending out paper copies of invoices and bills, so what are AP
departments to do with them? If you’re using Oracle Fusion, invoice tracking is
simple with Fusion Payables. Learn more about Oracle Cloud Services.
Scan Your Invoices Directly Into Fusion Payables

It’s true. Fusion Payables includes integrated
invoice imaging out-of-the-box, so you can track your invoices throughout the
entire lifecycle. No need to install third-party software to help with image
integration, it’s already included. Simply scan your invoices and start using
them right away.
Reduce Data Entry Errors
Because you’ve scanned the invoice directly
into Fusion Payables, users can reference it at any time when reviewing or
approving them. Fusion Payables pulls data directly from the scanned invoice,
thereby reducing any data entry errors. If it’s on the invoice, it’s in the
system right away.
Speed Up Approvals & Reconciliations

The new Interactive Payables Dashboard
presents an overall view of all invoices and payments that require attention,
based on user roles. See only the information that you need to see, when you
need to see it. Approvers can take action on any invoice directly from the
dashboard, saving them time. Fusion Payables sends out notifications to
appropriate users as soon as invoices are scanned and processed, saving
approvers even more time as they’re notified only when they’re required to
perform an action.
Close Your Books Faster
Not only is your overall Invoice Processing
faster, but your General Ledger Reconciliation is too. Fusion Payables ensures
that your payables activity is properly and efficiently captured in the system,
which allows you to accurately calculate all of your finances. Your financial
results are completed accurately and efficiently, giving you the information
and time to investigate any differences and issues.
Empower Your Mobile Workforce & Work Offline

Departments that are used to working offline
with their Invoicing tools, such as with Microsoft Excel, can still do so with
Fusion Payables. Download compatible Excel templates, enter and work with data
offline, and then upload it for verification and processing in Fusion Payables.
Whether they’re in the office or out in the field, your employees can still
work with their invoicing data and send it to Fusion Payables for processing.
Save on Training Costs
Another reason for using Fusion Payables and
the offline Excel templates is that you’ll save on overall training costs. Your
employees are already familiar with Excel, so no extra training is needed for
them. You’ll only need to train the smaller user base who’ll be interacting
with Fusion Payables directly through the dashboards.
Take Your Invoicing to the Next Level
Fusion Payables is the next evolution in
Accounts Payable invoice tracking.
· Streamline your invoice entry with the integrated imaging and scan your way to paperless tracking.
· Reduce approval time and invoice handling with the interactive Dashboards that only show the data that you need to do your job.
· Empower your mobile employees with offline Excel templates that reduce the overall invoice processing time because your in-house staff isn’t waiting for the data.
· Streamline your invoice entry with the integrated imaging and scan your way to paperless tracking.
· Reduce approval time and invoice handling with the interactive Dashboards that only show the data that you need to do your job.
· Empower your mobile employees with offline Excel templates that reduce the overall invoice processing time because your in-house staff isn’t waiting for the data.
Need Help with Fusion Payables?
Contact Jade Global today and let us help you
with your Fusion Payables project. We’ll assess your situation and technical environment
and make recommendations on how to best take advantage of your Oracle
applications. We’ve helped numerous organizations through this process, helping
them choose the best fit of Oracle apps that help your business succeed. We’ve
got the experience and expertise to navigate this process for you and with you,
so your organization gets set up quickly and efficiently. To find out how our
Fusion experts can help you today, contact us for an cloud
360 assessment. Our Oracle-certified consultants are ready to help.
Original Source of Blog: https://www.jadeglobal.com/blog/streamline-invoicing-fusion-payables
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