Invoice Processing - Invoice Distribution Approval and Control
IDAC is Navigate Consulting’s standard product for invoice approval and control. It ensures your policies are followed and allows your correct invoices to be paid on time.
IDAC’s user-friendly interface provides an excellent overview of all invoices, and users can perform accounting and approval of invoices from a simple and intuitive user interface. The solution is built on the latest standards for Oracle’s cloud services and within Oracle’s own cloud. Apart from a best practice setup, the solution can also be tailored via standard configuration to meet different requirements of legal compliance and business processes in an intuitive user interface.
IDAC connects seamlessly to your instance of Oracle ERP Cloud
IDAC ensures your policies are followed and allows correct invoices to be paid on time
Major benefits:
Intelligent and efficient control
- Supplier invoices not matched to any purchase order (e.g. rent and electricity)
- Unmatched invoice lines on PO matched invoices (e.g. transport costs, admin charges etc)
Automated handling of advanced compliance rules
- Sending invoice lines to suggested users, by identifiable info on the invoices
- Costs can easily be distributed to right persons, to enable efficient and accurate accounting
- Automated and dynamic data-driven routing in approval flows based on company rules (e.g. cost center managers, project managers etc)
Manage unmatched supplier invoices and invoice lines
- Reuse existing compliance hierarchies and company rules via native ERP integration
- File-based automation of advanced compliance rules (i.e export/import via Microsoft Excel)
Business scenarios where IDAC shines:
- You have a decentralized and business-driven accounting demand, where you need to send supplier invoices to the right people in your organization.
- You have dynamic approval flows that differ depending on type and/or amount of purchase.
- You have many different types and a high volume of approval rules to maintain, and the approval rules may change frequently.
Always up to date and compatible with Oracle ERP Cloud
- IDAC’s electronic routing and approval controls ensure your policies are followed and allow you to pay invoices on time.
- Guaranteed to always be compatible with the latest version of Oracle ERP Cloud as per Oracle quarterly release schedule.
- No need to do additional testing of IDAC
Screenshots:
Be contacted by us
(1) based on the average number of invoice rows
