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Xero is a great choice of accounting software for small-medium businesses and it comes with useful features and functions. However, a workflow approval process for invoices is missing. With staff from various departments working on several different projects, it can be difficult for businesses to keep up with their spend.<br>
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Invoice approval workflow software xero Xero is a great choice of accounting software for small-medium businesses and it comes with useful features and functions. However, a workflow approval process for invoices is missing. With staff from various departments working on several different projects, it can be difficult for businesses to keep up with their spend. Many businesses manually process hundreds of invoices every month, which can cost a significant amount in staff wages compared to an automated system. An AP automation software leaves staff with more time for more valuable tasks and professional development, rather than wasting it keying invoices. As well as this, an invoice approval workflow software for Xero can offer greater control and a more efficient process, here’s how: 1.Multi-step approval workflows
When an invoice comes through, it usually needs to be approved by the finance team. With Zahara, you can set an invoice to go to different people depending on its conditions. For example, if the invoice is up to £500 it can be sent to the finance administrator, or if it’s over £20,000 it can go to the CEO. This ensures that each invoice is correctly approved, and none slip through the net. 2.Purchase Order matching Zahara’s intelligent optical character recognition reads invoices and purchase orders, carefully pulling out information. It can match the invoices that come through to their corresponding purchase orders, ensuring that the bill is what you expected and hasn’t appeared from nowhere. 3.Audit trail
To keep a firm grasp on business spend, invoice approval software should provide an audit trail of who approved at each step, any documents or comments related to an invoice and the dates. 4.Reporting Zahara’s invoice approval workflow software for Xero is a complete all-in- one package with reporting and insight features. Custom reports can be created and can be filtered by divisions or business units. This provides strong visibility of spend which is imperative for a business to thrive financially. For an increased grip on your business finances and to keep up with best practice in accounts payable, an invoice approval workflow software for Xero is the best option. Taking your accounts payable processes to the cloud and letting Zahara do the work will save your time while your competitors are still manually keying their invoices. Learn more about Zahara or book a 1:1 call with an expert today, to find out how fast and affordable it is to set up invoice automation. For More Information Visit Here: Click Here for visit our website: https://www.zaharasoftware.com/