Our system allow management of Invoices from scanning to payment process, this include a complete invoice tracking and payment business process. The system works online from anywhere and can be used by small to large scale enterprises.
4. Drawbacks – Usual Procedure
Invoice status is not efficiently updated
No proof of document in case of document lost /
misplaced
Data stored in user PC and excel sheet is replicated
many times
No routine Backup Strategy
No Analytical reporting
5 Invoice Tracking System v2.0
6. Invoice Tracking System
Central repository of Complete Invoicing
Scanned copy of invoice
Email Intimation
Web application for easy access anywhere
Secured Login
Detailed Reports based on (Vendor/Invoice/Periodic)
Analytical Reports
Centralized Database
Submit Remarks
Advance Searching
Backlog Data Migration and so on
7 Invoice Tracking System v2.0
7. Proposed System - IMS
Verified invoice Treasury
Scan & Index
User
Vendor
8 Invoice Tracking System v2.0
8. Attributes – ITS
Invoice Registration
Date and Time Stamp
Vendor Name
PO/SO/WO number
Description
Currency
Amount
Invoice Status with Date & Time Stamp
Received
Sent for user verification
Received verified invoice
Sent for cheque processing
Cheque received
Cheque dispatched
Scanning
Original Invoice
Verified Invoice
Cheque
Invoice Tracking System v2.0
14. Infrastructure
Invoice Tracking System
ITS Scan Client
ITS Web Clients
15 Invoice Tracking System v2.0
15. ”Simplicity can only be achieved
by those who understand complexity,
competitive advantage can be achieved
by those who solve complex problems
with simplicity.
- AL-Rehman Technologies
Thank you for your time
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Invoice Tracking System v2.0