Modern invoice processingAs invoices come in to your organisation, IRIS Invoice Matcher can read and understand every field thanks to advanced machine learning technology. It then pairs it with your financial records with a sector-leading match rate.
Because it's hosted in the cloud, it's quick and easy to get started without the need for upfront IT investment.
- Up to 71% faster than manual invoice processing
- Up to 80% reduced invoice processing costs
- Total process visibility with advanced analytics
IRIS Invoice Matcher Benefits
Improved cycle times
Faster rules-driven invoice processing for approvals and exception processing ensures optimal cycle times
Better supplier relationships
Reduce or eliminate late payments and any associated penalties, so you can leverage value-added opportunities
Reduced IT requirements
There’s no need to onboard new suppliers – the machine learning algorithm already recognises thousands of suppliers
Eliminate the costly downstream damage of human error and streamline the entire invoice matching process