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By: Peter Poletti

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Invoice Process and Aging Functions & Features

Feature and functions include Creates miscellaneous distribution lines to record charges and invoices for items that do not have POs;Validates vendor invoice numbers, with only valid invoices posted to the accounts payable ledger being scheduled for payment;Option to pay invoices immediately;An invoice that was entered in the system as a system check can be redesignated as a manual check;No new vendors added at invoice entry (security);A/P aging report on outstanding items;.. Invoice Process and Aging Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Invoice Process and Aging Functions & Features for ERP is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 3761 decision criteria. The ERP RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to ERP software vendors. It ensures for:

  • complete response from each ERP software vendor
  • deep and accurate evaluation of submitted ERP proposals
  • impartial side-by-side comparison of ERP solutions evaluated
  • rational and documented selection of the best matching ERP system

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The Invoice Process and Aging Functions & Features comprise the following elements:

  • Creates miscellaneous distribution lines to record charges and invoices for items that do not have POs

    purchase orders (PO) Creates miscellaneous distribution lines to record charges and invoices for items that do not have POs, Invoice Process and Aging Functions & Features

  • Validates vendor invoice numbers, with only valid invoices posted to the accounts payable ledger being scheduled for payment

    Validates vendor invoice numbers, with only valid invoices posted to the accounts payable ledger being scheduled for payment, Invoice Process and Aging Functions & Features

  • Option to pay invoices immediately

    Option to pay invoices immediately, Invoice Process and Aging Functions & Features

  • An invoice that was entered in the system as a system check can be redesignated as a manual check

    An invoice that was entered in the system as a system check can be redesignated as a manual check, Invoice Process and Aging Functions & Features

  • No new vendors added at invoice entry (security)

    No new vendors added at invoice entry (security), Invoice Process and Aging Functions & Features

  • A/P aging report on outstanding items

    A/P aging report on outstanding items, Invoice Process and Aging Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which ERP solution is the best for your needs.

Compare Now!
Functions and Features