ADP®, a leading global provider of Human Capital Management (HCM) solutions, recently announced that new enhancements to its electronic invoicing offering from its ADP Procure-to-Pay Solutions ® (P2P) platform will help boost productivity for midsized and large businesses. The enhancements include the extension of existing invoice collaboration tools, improved visibility and access to accounts payable data, more advanced coding capabilities and a mobile application. Businesses can now improve their accounts payable process and process invoices more efficiently than ever before by taking advantage of these capabilities to reduce the need for manual methods and streamline overall workflow.
The latest enhancements include to ADP’s P2P electronic invoicing solution include:
- Advanced messaging for invoice collaboration. By opening the lines of communication between multiple teams but managing invoices within a single system, businesses are in a better position to streamline supplier communications, reduce internal handoffs and ensure timely resolution of invoice status inquiries, questions and disputes. Businesses can also help improve consistency by distributing messages to multiple vendors simultaneously.
- Improved visibility into accounts payable data. Businesses now have more comprehensive access to their accounts payable data and transaction-level information, and can access it quickly and easily through ADP’s system. Custom queries and filters, scheduled reports and flexible options to share data via email, system alerts or the P2P dashboard improve visibility and help allow for more strategic decision-making around processes and supplier relationships.
- More advanced coding. Enhancements to ADP’s rule-based coding engine now allow for advanced supplier-level coding and establishment of both approval thresholds and multiple levels of approval. These changes provide businesses with greater flexibility and control as they focus on driving invoice automation and managing costs.
In conjunction with these updates, ADP is launching a mobile version of ADP Procure-to-Pay Solutions that allows users to manage accounts payable activity while on the go. Through the mobile app, businesses can approve, view, forward, dispute and/or add comments to invoices from mobile device, allowing further improved productivity.
Click to view the entire ADP press release.
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