Advanced automated invoice processing
Free yourself from hours spent manually processing and matching invoices. IRIS Invoice Matcher automatically reads, matches and processes your incoming invoices – quickly and accurately. And, because it’s hosted in the cloud, it’s quick and easy to get started with no need for upfront IT investment.
Financial management solutions for complex businesses and not-for-profit organisations
We understand that many organisations struggle with the sheer weight of financial administration, repetitive (often manual) tasks, and trying to consolidate information across all areas from all over the organisation to get a clear picture of what’s going on. Our financial software alleviates admin burdens and takes all of this away, streamlining, simplifying, and automating management processes so that you can make better use of your precious time.
Free up valuable staff time
Manual invoice processing takes up many precious hours. Using advanced machine learning software, IRIS Invoice Matcher can read and understand every field of the invoice, then pair it with your financial records, with a sector-leading match rate.
- Save your employees hours of time spent on manual data processing, when their skills could be better used elsewhere.
- Analytics offer total visibility into performance and process metrics.
- Streamline and simplify the entire invoice process.
- Up to 71% faster than manual invoice processing and reduces invoice processing costs by up to 80%.
Keep on top of compliance requirements
IRIS Invoice Matcher helps your business meet the strict invoice regulations and VAT requirements, as well as reduces the risk of mistakes and miskeying.
- Eliminates the risk of human error.
- Easily access all invoice and payment data, for improved analysis and reporting.
- Move closer towards paper-free, straightforward processing, with no manual intervention – delivering ultimate data availability, reliability, and accuracy.
Improved visibility and insight
IRIS Invoice Matcher gives you a complete, end-to-end invoice matching process like never before. It also means you have access to all that data and can start to benefit from advanced analytics.
- Drill down into the process with pre-built dashboards and monitor invoice activity for exceptions and patterns.
- Get clearer insight into the process and identify any trends and bottlenecks that need resolving.
- Improve supplier relationships, thanks to timely payments.
Improved cycle times
With faster, rules-driven processing for invoice approvals and exceptions.
Better supplier relationships
Through reduced – or even eliminated – late payments, increasing the opportunities for strategic partnerships.
Reduced IT requirements
The machine learning algorithm already recognises thousands of suppliers, so there’s no need to onboard new ones.
With all the data in one place and without the costly damage of human error.