• + 91 020 40024415
  • enquiries@xanadutec.com
Blog image

We are an experienced provider of accounts payable invoice processing services – Optimizing AP processing since 2001 – 1,000,000+ invoices p.a. We have developed a robust proprietary platform for data capture, verification and quality assurance – ‘CUBE AP’ platform written bottom up for finance processing

Cube AP provides One solution for complete Accounts Payable

  • Invoice receipt by courier, fax, post or electronic format
  • Scan and capture
  • Invoice workflow and exception management
  • Business rules application for 2,3 and 4 way matching
  • Multiple output to adapt to customer ERP requirement
  • Index archive and retrieval
  • Scalable solution with multiple deployment options
Check Out More About Cube AP
Exception Management
  • Business Rules, failure correction
  • Manual validations against image for marginal exception
  • Supplier ID validation fails due to the old data in the master vendor table
  • Invoice amounts of variance to the Purchase Order
  • Clean and update master vendor records to improve auto-matching
  • Handwritten instruction on images
  • Substitute product delivered to ordered (product id mismatch)
  • Rules based exception handling as a first step to improve Straight Through Processing for Client
  • Escalation via workflow for appropriate items
Data Submission and Reporting
  • XML file with invoice/claims data for automatic upload
  • Frequent list of accruals
  • Reports on number of documents, images, line items, amounts.
  • Spend v/s budget (if we have budget data)
  • Vendor statements showing paid, unpaid, overdue
  • Exception reason reports
  • Audit
  • Customized reporting