Complete Invoice Processing
For Easier & Smoother AR

Invoice Processing

Our invoice processing solutions ensure that your organization's manpower is allocated towards your core business functions. We undertake the complete back-end transaction and invoice processing duties for organizations in order to accurately recognize product positions, manage AR and identify your business position.

Vee Technologies has the expertise and domain knowledge to execute processing with a strong team of highly qualified software programmers & analysts who are actively involved in providing support functions for the data processing team.

Invoice processing includes:

  • Delivery of invoices
  • Verification of receipts
  • Comparison to purchase authorization
  • Payment
  • Invoice consolidation
  • Invoice details verification
  • Invoice submission
  • Invoice remittance

We use state-of-the-art software and technologies for all processing services, such as OCR and ICR recognition technology. We also use our in-house developed software which accurately captures data like date, vendor ID, line item and total amounts billed.

Vee Technologies uses a result oriented, methodology to process invoices.

  • We receive your scanned invoices
  • Processors from our expert data entry teams access the invoices using advanced data recognition software
  • The data entry process begins
  • All required fields such as date, vendor, line item and invoice amounts are entered into an electronic format
  • Comparison to the purchase authorization is completed
  • The output is compatible to all ERP systems including SAP
  • The report is ready in an electronic format and entered into your accounts payable system

Vee Technologies is equipped to handle large volumes of invoice processing work, accurately, on time and as promised.

In these unprecedented times, Vee Technologies is committed to doing our part to help those in need. With the ongoing spread of COVID-19 (coronavirus) and the incredible speed at which things are changing around us, organizations are continually adapting their operations and business structure. Vee Technologies has the experience and capability to help your organization through this difficult time. We've expanded our continuity plan and infrastructure to accommodate the current business needs. Please do not hesitate to contact us when your need arises, our implementation team can have you up and running quickly and efficiently.

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