In this webcast I will demonstrate how one can inherit and track invoice information from the initial recording of the invoice until the settlement and payment of the invoice on the bank account. Realizing this inheritence and tracking does not require sophisticated Artificial Intelligence (AI) or Business Intelligence (BI) tools but rather the setup of default descriptions only. Have a look at the following video to see how this secret ‘super weapon’ works.
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Ludwig you nailed it…. awesome. even though i am technical
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Brilliant solution! Thank you for sharing 🙂
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Thank you for this great post!
Do you see a way in to set the description in a “vendor invoice journal” or other journals over this functionality? This is still a gap in my view
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With vendor invoice journals there are indeed some limitations. An important question is whether you resp. your customers are able to move away from this ‘old school’ way of recording vendor invoices to the ‘new’ pending vendor invoice functionality that can be used for item and expense related invoices. I know that this is not an easy decision but maybe something to think about especially against the background that the invoice processing and scanning integration is supposed to work with the new pending vendor invoice form.
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Great Video. You said „the invoice processing and scanning integration is supposed to work with the new pending vendor invoice form“ – Can you demo this or have you seen a demo of scanning integration with new pending vendor invoice form? Thank you!
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Hello Stephanie,
In some of my prior prior posts you can find some information on vendor invoice processing with the new pending vendor invoice form.
I do not directly address the scanning issue because the standard solution does – at the moment – not ship with an invoice scanning tool.
As I do not have a free / demo license for Readsoft or other scanning providers, I cannot demonstrate that on my blog in the form of a video or post but only provide links to sources where you can find more information.
Best regards,
Ludwig
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