Accounts Payable Automation for Advantage Software Users

Maximize your Advantage Software investments

It can be difficult managing the business side of an advertising agency or marketing company.  Far too often, back-office tasks pull staff away from the high-value activities they should be focused on.

IPS enables agencies to automate their invoice-to-pay process end-to-end.

Now an advertising agency or marketing company can effortlessly receive invoices from suppliers in any format, automatically extract and validate invoice data, match invoices against orders residing in the Advantage Software platform, digitally route any invoices requiring approval or exceptions handling based on preset rules, and upload approved invoices into the Advantage Software platform.

IPS provides Advantage Software users with a digital invoice and posting process from Day 1.  Eliminating the manual tasks required to process invoices will enable advertising agencies and marketing companies to post all invoices faster and more accurately and IPS will integrate them directly into Advantage Software’s platform as EDI, without human operator intervention, and in a transparent and highly secure environment. 

And IPS accomplishes all of this without changing the way that Advantage Software users work. 

How it Works

IPS enables Advantage Software users to effortlessly process invoices.

Capture

Reduce costly, error-prone and time-consuming data entry with automated invoice data capture guaranteed at 99.95% accuracy:

• Capture any paper, emailed, PDF or electronic invoice from suppliers
• Extract and validate invoice data information without manual keying
• Achieve guaranteed 99.95% data capture accuracy with our unique verification process
• Automatically address exceptions and discrepancies
• Seamlessly upload invoice data into the Advantage Software platform

Approve

Accelerate invoice approval and eliminate late-payment penalties, capture more early-payment discounts, and reduce inquiries from suppliers:

• Electronically route invoices for approval based on configurable business rules
• View the status of invoices to ensure that approval processes stay on track
• Stay productive on-the-go with mobile access and decision-making
• Ensure compliance and security with audit trails and comprehensive administrative tools

Upload

IPS Supplier Portal facilitates the seamless upload of data on approved invoices to the Advantage Software platform:

• Eliminate the need for costly and error-prone keying into the Advantage Software platform
• Accelerate the delivery of invoice information downstream
• Gain 360-degree visibility into invoices with outstanding liabilities and supplier information

The combination of the IPS and Advantage Software platforms provides everything you need to operate your advertising agency or marketing company more efficiently and effectively.  Read a case study!