Set to become part of the Corcentric accounts payable and accounts receivable suite, the new service features automated three-way matching capabilities using StraightThrough Processing technology, electronic invoice delivery via the Corcentric Supplier Network and ZeroTouch processing, which is set to simplify the invoice capture process by using technology to scan and capture invoice data.
Additionally, COR360’s workflow automation technology is expected to allow companies to control the management of their AP (Accounts Payable) processes by setting up approval-based routing rules to enable the system to route invoices directly to the appropriate approver. As with existing Corcentric products, invoices will be available on demand from any computer with internet access. The new COR360 Accounts Payable Automation suite ]isintegrated with current ERP and AP business systems.
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