Invoice Tracking & Payment Processing System
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description
Transcript of Invoice Tracking & Payment Processing System
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Invoice Tracking SystemV 2.0
Presented by: Usman Hameed
Innovation >> Experience
>> Value >> Results
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Invoice Management – Current Procedure
Invoice Tracking System v2.0
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Drawbacks – Current Procedure
Invoice Tracking System v2.0
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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
Invoice Tracking System v2.0
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Solution- Invoice Tracking System
Invoice Tracking System v2.0
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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
Invoice Tracking System v2.0
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Proposed System - IMS
User
Scan & Index
Verified invoice Treasury
Vendor
Invoice Tracking System v2.0
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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
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Software Screen Shots
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Software Screen Shots
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Software Screen Shots
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Software Screen Shots
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Software Screen Shots
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Infrastructure
Invoice Tracking System
ITS Scan Client
ITS Web Clients
Invoice Tracking System v2.0
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Thank you for your time
Invoice Tracking System v2.0
”Simplicity can only be achievedby those who understand complexity, competitive advantage can be achieved by those who solve complex problems with simplicity.
- AL-Rehman Technologies