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Post invoices to your ERP automatically, accurately and effortlessly
Leverage robust ERP connectors to sync audit-ready invoices and approval, company, team, compliance data with your ERP of choice. All in real time and aligned to your existing process
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Safe and secure. Compliant with RBI guidelines & IndAS
Talk to Sales
Safe and secure. Compliant with RBI guidelines & IndAS
Trusted by more than 3000 companies
The Problem Today
AP teams spend 100s of hours to keep their ERPs up to date
Keeping the ERP up to date is a manual and time consuming process. Error rates are high and data is rarely up to date. Often times, comments related to invoice rejections, corrections are not explicitly stored
Compliance is ignored
Invoices are rarely checked for compliance issues - struck off PANs, incorrect GST, MSME,
e-invoice checks and more.
No central database
Invoices and vendor data is distributed, and often inaccessible when required for audits and future reference.
Unreliable OCR systems
Legacy OCR scanning only offers about 65% accuracy, reducing trust in the system and leaving invoices to be checked manually.
The Problem Today
AP teams spend 100s of hours booking invoices
This is not only a waste of time and productivity, but many a times the invoice booking process has compliance loopholes, uses outdated technology and there is no central storage system for audit readiness and future reference.
Compliance is ignored
Invoices are rarely checked for compliance issues - struck off PANs, incorrect GST, MSME,
e-invoice checks and more.
No central database
Invoices and vendor data is distributed, and often inaccessible when required for audits and future reference.
Unreliable OCR systems
Legacy OCR scanning only offers about 65% accuracy, reducing trust in the system and leaving invoices to be checked manually.
Time consuming, error prone
Teams spend 100s of man hours each month to keep ERPs up to date. Manual input also poses increased error rates
Data is rarely complete
ERP data is rarely complete. Data is selectively input. It may not offer full context
Lack of real time data
Manual data input means it’s rarely up to date. Making decisions with incomplete visibility is challenging
Introducing auto-invoice posting to ERPs - built to benefit corporate finance teams
Auto-invoice Posting
Sync all your invoice data automatically and in real time with your ERP
Invoices are posted in real time from CashFlo to your ERP instance. Users need to perform no actions in your ERP. The posting can be handled by operating CashFlo alone
Comprehensive Data Sync
Sync each and every piece of data from the invoice to your ERP
Sync invoice PDFs, payment statuses, results of compliance checks as well as data points like cost centres, profit centres, department, team and other custom parameters as required
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Hassle-free Deployment
Zero-code deployment with ABAP connector files, followed by custom configuration
ERP Connectors that are 100% configurable. All the parameters required for data extraction and accounting posting are customisable to your internal processes
Security and Risk Mitigation
Adopt industry leading risk mitigation and control frameworks with security built-in
Test integration controls (which are a part of Internal and Statutory Audit) before going live with the integration. CashFlo proposes risk and control frameworks relevant for the integration
Broad ERP Support
Powerful ERP & WMS Sync for all your vendor invoices. Works with all ERPs
Sync your invoice compliance data in real time with SAP ECC, SAP B1, S4 Hana, Oracle, MS Dynamic and many more ERPs
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What is invoice posting to ERP & how it impacts your business?
Invoice posting to an ERP (Enterprise Resource Planning) system involves entering invoice details into the ERP software to ensure they are recorded in the company's financial records. This process typically includes capturing information such as the invoice number, date, vendor details, amount, and line items. The posted invoice then affects the company's accounts payable, updating financial reports and ensuring accurate financial management. This step helps automate accounting processes, maintain accurate records, and integrate with other business functions like inventory and procurement. ERP invoice management and accounts payable ERP modules streamline this process.
Invoice posting to an ERP system impacts your business by:
Financial Accuracy & Cost Control: Minimizes errors and overpayments with automation.
Operational Efficiency: Automates posting to save time.
Cash Flow & Compliance: Ensures real-time visibility and audit-ready records.
Vendor Relations & Decision Making: Enhances supplier relations and strategic insights.
Invoice posting to an ERP system impacts your business by:
Financial Accuracy & Cost Control: Minimizes errors and overpayments with automation.
Operational Efficiency: Automates posting to save time.
Cash Flow & Compliance: Ensures real-time visibility and audit-ready records.
Vendor Relations & Decision Making: Enhances supplier relations and strategic insights.
How to Post Invoices to ERP?
To post invoices in an ERP system, follow these steps:
1. Invoice Data Entry and Management: Input invoice details, such as number, date, vendor info, and amounts, using ERP invoice management features and automated invoice processing to reduce manual errors.
2. ERP Accounts Payable Integration: Post invoices to update accounts payable ERP modules, ensuring accurate financial transaction recording and reflecting updates in financial records.
3.Automated Workflow and Approval: Utilize the ERP invoice workflow for approvals and validations, leveraging automated ERP invoicing and invoice validation ERP to streamline the process.
4.Financial Integration and Reporting: Ensure seamless ERP financial integration, utilizing financial reporting tools and ERP accounting software to maintain accurate records and real-time financial insights.
5. Vendor Payment and Cost Control: Implement vendor payment automation and accounts payable automation to manage payments efficiently, aiding in cost control and improving vendor relationships.
1. Invoice Data Entry and Management: Input invoice details, such as number, date, vendor info, and amounts, using ERP invoice management features and automated invoice processing to reduce manual errors.
2. ERP Accounts Payable Integration: Post invoices to update accounts payable ERP modules, ensuring accurate financial transaction recording and reflecting updates in financial records.
3.Automated Workflow and Approval: Utilize the ERP invoice workflow for approvals and validations, leveraging automated ERP invoicing and invoice validation ERP to streamline the process.
4.Financial Integration and Reporting: Ensure seamless ERP financial integration, utilizing financial reporting tools and ERP accounting software to maintain accurate records and real-time financial insights.
5. Vendor Payment and Cost Control: Implement vendor payment automation and accounts payable automation to manage payments efficiently, aiding in cost control and improving vendor relationships.
Benefits of ERP invoice posting
Streamlined Invoice Posting
ERP invoice posting automates invoice entry and validation, boosting accuracy and efficiency in financial transaction recording. This reduces manual errors and speeds up the invoice approval process.
Enhanced Financial Integration
With ERP financial integration, invoice data entry ERP aligns accounts payable ERP with accounting software, ensuring seamless data flow and real-time invoice posting. This supports precise financial reporting and vendor payment automation.
Automated Invoice Processing
ERP invoice management uses automated ERP invoicing to handle invoice processing and tracking. This not only optimizes the invoice posting process but also enhances invoice reconciliation ERP, contributing to more efficient business process automation.
Manual vs. automated invoice posting ERP
Manual Invoice Posting: Involves manual data entry ERP, which is time-consuming and prone to errors. The invoice posting process is slower and often requires additional steps for validation, increasing the risk of inaccuracies in financial transaction recording and ERP accounts payable management.
Automated Invoice Posting ERP: Utilizes automated invoice processing and ERP invoice management to streamline invoice entry and approval. Automated ERP invoicing enhances invoice posting accuracy and integrates seamlessly with ERP accounting systems, improving financial ERP integration and business process automation. This results in faster, more accurate invoice reconciliation ERP and better vendor payment automation.
Automated Invoice Posting ERP: Utilizes automated invoice processing and ERP invoice management to streamline invoice entry and approval. Automated ERP invoicing enhances invoice posting accuracy and integrates seamlessly with ERP accounting systems, improving financial ERP integration and business process automation. This results in faster, more accurate invoice reconciliation ERP and better vendor payment automation.
Setting Up Invoice Posting in ERP
1. Configuration of ERP Software: Begin with ERP system implementation to configure invoice posting ERP. Ensure ERP integration for invoices aligns with ERP financial integration to facilitate seamless invoice entry ERP and accounts payable ERP functions.
2. Automation Setup: Implement automated invoice processing and ERP-based invoicing to enhance the invoice posting process. Utilize invoice posting software and invoice automation to streamline the workflow, boosting efficiency and accuracy.
3. Integration and Testing: Integrate ERP accounting systems with financial management systems for real-time invoice posting and accurate financial transaction recording. Test invoice tracking ERP and invoice validation ERP to ensure smooth ERP invoice management and automated ERP invoicing.
2. Automation Setup: Implement automated invoice processing and ERP-based invoicing to enhance the invoice posting process. Utilize invoice posting software and invoice automation to streamline the workflow, boosting efficiency and accuracy.
3. Integration and Testing: Integrate ERP accounting systems with financial management systems for real-time invoice posting and accurate financial transaction recording. Test invoice tracking ERP and invoice validation ERP to ensure smooth ERP invoice management and automated ERP invoicing.
Best ERP for invoice posting
At CashFlo, we offer the best ERP solutions for efficient invoice posting. Our ERP invoice management system streamlines the invoice posting process with automated invoice processing and invoice data entry ERP features. With seamless ERP financial integration and advanced ERP accounting systems, our software ensures accurate financial transaction recording and real-time invoice posting. Our ERP accounts payable integration, vendor payment automation, and invoice reconciliation ERP enhance financial operations. Experience superior ERP invoice workflow, automated ERP invoicing, and financial reporting tools with CashFlo's ERP software.
Frequently Asked Questions
How does automated invoice processing benefit my business?
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What steps are involved in posting invoices to an ERP system?
How does ERP financial integration impact invoice posting?
How can ERP invoice management improve financial accuracy?
What features should I look for in ERP invoice posting software?
How does automated ERP invoicing affect vendor relationships?
What are the benefits of using ERP software for invoice posting?
Power your corporate finance team with CashFlo
Speak to an expert from our team to see how CashFlo can help you automate and elevate your corporate finance function
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