IAConnect offers Deltek Costpoint customers a powerful web-based invoice automation solution that helps project-focused organizations process invoices without duplication, prevent unauthorized payments, avoid misappropriation of funds, and track liabilities.
IAConnect allows users to process invoice documents through an AP Workflow process and pass the approved payables information to Costpoint via Deltek Preprocessors and the Deltek Web Integration Console for continued payment processing. IAConnect transforms the "bureaucracy" of your accounting functions into an efficient, low-cost process that will make your organization more competitive while reducing costs associated with invoice processing.
Features include:
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Invoice Capture: The system allows for invoices to be captured in multiple formats, paper, fax, email, XML and many more. OCR technology is also available to read data directly from paper invoices.
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Multiple Roles: Uses a robust Workflow to route the invoice to various departments during the process as needed including buyers, freight specialists, AP supervisors and more.
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Approve or Decline: Once initial data entry is completed, the invoice is routed through an approval Workflow for approval review. Delegation of authority and escalations are also possible.
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Notifications: During invoice routing, automatic email notifications can be configured and sent to the approvers based on the approval change.
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Monitoring, Retrieval, and Reporting: A complete audit trail is maintained during the life of an invoice, capturing routing steps, user actions, and status changes. All audit history can easily be accessed and viewed at any time.