EMAIL PARSING
Crown BOTs automatically extract invoice data from incoming emails and convert it into a structured format that triggers the approval flow for the payments. This significantly reduces the manual efforts required in data extraction and validation, also ensures no invoices are missed from being accepted.
SUPPLIER PORTAL
An essential tool in digital invoice processing for both buyers and suppliers, that enables suppliers to submit and track invoices digitally, reducing the need for manual processing, follow ups and paperwork. This can lead to faster processing times, improved accuracy, and better communication between the buyer and supplier.
EXPENSE REPORTING
This feature allows employees to easily submit and track their expense reports digitally, rather than using a manual, paper-based process. With digitized expense reporting, employees can easily upload receipts, categorize expenses, and submit their expense reports for approval through the Crown digital invoice processing solution. This not only simplifies the expense reporting process for employees, but also streamlines the approval process for managers and finance teams.
CUSTOM DASHBOARDS
Insights and customised dashboards provide businesses with real-time visibility into their invoicing and payment processes. Insights allow businesses to gain a better understanding of their invoice processing performance and identify areas for improvement. Insights include metrics such as the number of invoices processed per day, the average time it takes to process an invoice, and the percentage of invoices processed on time. These insights help businesses to identify bottlenecks in their invoicing process and take steps to improve efficiency.
AUTOMATED POLICY CHECKS
The system can be customized to include specific policy rules related to invoice processing and expense management, ensuring that all invoices and expenses are processed in compliance with the organization’s policies. The system can also automatically check invoices and expenses against policy rules, such as spending limits, travel policies, and expense categories, to ensure compliance. This helps to prevent unauthorized spending and ensures that all expenses are reviewed and approved before payment, reducing the chances of non-compliance.
