SAP Ariba Invoice Management
Automating accounts payable to increase efficiency and compliance
Buying and invoicing is increasingly integrated and collaborative. You can keep pace by digitalizing and automating invoice management over a global business network. This delivers visibility and efficiency to capture more early-payment discounts and optimize working capital.
The SAP Ariba Invoice Management solution can help you take the complexity out of your invoice-to-pay process and get to ok-to-pay with as little human intervention as possible.
The SAP Ariba Invoice Management solution can help you take the complexity out of your invoice-to-pay process and get to ok-to-pay with as little human intervention as possible.
Key Benefits
Automate invoicing and realize new savings
Process more invoices and stop errors from slowing you down with intelligent and nearly touch-free invoicing enabled by network-based business rules.
Solve compliance problems around the globe
Deliver stronger compliance with contracts and purchase orders while meeting global regulatory requirements in virtually every country and currency.
Improve user experiences for maximum impact
Help users make the right decisions with intuitive tools and workflows configured for best practices while enabling effective, digital supplier collaboration.
See how customers are succeeding with SAP
Key Features
Automated reconciliation and approval
Customizable workflows and user configuration
Confidence-boosting compliance tools
Automated reconciliation and approval
Customizable workflows and user configuration
Confidence-boosting compliance tools
Build a business case
Experience invoice automation in action
Review a modern invoice-to-pay process and see three transformative benefits of electronic invoice management software.
Support best practices and global compliance
Find out how to process more invoices with less effort while complying with evolving regulations around the world.
Reduce approval delays and enhance cash flow
Learn how businesses are processing as many as 70% more invoices per full-time equivalent and capturing more supplier discounts.
Technical Information
Use SAP Business Technology Platform with this cloud solution to gain visibility, extend applications, and integrate your source-to-pay processes.
Visibility
Unlock spend data with solutions that deliver total spend visibility, aid in planning and forecasting, and connect critical data from SAP and third-party sources.
Extensibility
Customize and extend the value of spend management solutions by eliminating inefficiencies, building new apps, enhancing existing apps, and providing personalized experiences.
Integration
Centralize data, remove silos, and create a connected enterprise with integration solutions from SAP, streamlining your source-to-pay process with prebuilt connections.
Get Started
Jump-start your SAP solution implementation and drive ROI by collaborating with industry experts, consultants, and support engineers throughout your journey.
Services
Transform your business quickly and effectively by taking advantage of our holistic service and support plans, expert consulting services, custom application development, proven best practices, and deep industry and technical knowledge.
Support
Explore the learning center, engage in discussion forums, and create service requests in SAP Ariba Connect for solution power users and digital support contacts.
Security and compliance
Focus on your business and customer relationships, while keeping your data safe and reliable. SAP takes a proactive, predictive approach to maintaining compliance and data security in the cloud and within an on-premise data center.
Frequently Asked Questions
Invoice management is the process of receiving, extracting, and validating invoice information, all the way through to payment. Accounts payable departments can track and pay supplier invoices quickly and smoothly with a proper invoice management solution in place.
Invoice management software is software that allows you to manage the entire invoice management process in one place. You can get full visibility into everything related to an invoice, including the original order, any exceptions that have occurred, receipts, and payments. Configurable dashboards allow you to view the information that’s most important, route approvals and tasks automatically, collaborate with suppliers, and capture early-payment discounts.
Invoice management is important because it helps procurement, finance, and payables teams speed up and automate the invoicing experience. Having an efficient invoice management process in place can decrease human interventions for accounts payable teams looking to automate reconciliation and approval processes. Accounts payable teams can deliver accelerated cycle time and cost savings through automated exception-handling and capture of negotiated terms. They can also achieve stronger contract, non-PO, or PO compliance and improve conformance with global regulatory requirements.
You can manage invoices by adopting a digital-first or electronic solution. This is one of the most efficient ways that your accounts payable team can keep track of payments, removing the need for manual, paper-driven processing. Using e-invoicing, you can more accurately and effectively reconcile any invoice exceptions, comply with tax and other global regulatory requirements, and take advantage of early-payment discounts.
The steps involved in invoice processing are:
- Receipt
- Process
- Payment
Receipt of invoices can involve paper, fax, e-mail, PDF, e-invoice, evaluated receipt settlement, or a PO-flip process.
In the processing step, you can define any business rules and validate the information through matching (two-way or three-way) to compare the PO, goods receipt, or contract with what’s on the invoice. In addition, you can route any approvals through the proper workflows and address any alerts or disputes, including invoice exceptions.
In the final step of invoice processing, you can make the payment by check, automated clearing house (ACH), wire, card, or other payment networks. This is also where you have the opportunity to take advantage of any supplier discounts, if paying early.