Invoice Processing Software for FreeWheel Users

    The best invoice-to-pay solution for FreeWheel users

    Managing the business side of an ad agency or marketing company can be hard. Time spent on administrative tasks is time that staff cannot spend on higher value activities that drive growth.

    Invoice processing software from IPS lets FreeWheel users focus on what matters most.

    With accounts payable automation software from IPS, FreeWheel users can effortlessly receive invoices from suppliers from any source in the most common formats, automatically extract line-item detail and other invoice information, match invoices against insertion orders residing in FreeWheel application, digitally route any invoices requiring approval or exceptions handling based on preset rules, and upload approved invoices directly into FreeWheel, without the need for human operator intervention.

    IPS provides FreeWheel users with a digital invoice approval and posting process from Day 1.  Eliminating the manual tasks required to enter invoices enables ad agencies and marketing companies to post invoices faster and more accurately, in a transparent and secure manner.

    And IPS invoice processing software doesn’t change the way that FreeWheel users work.

    Why FreeWheel users should automate invoice processing

    Integrating IPS AP software with FreeWheel enables ad agencies and marketing companies to:

    • Eliminate manual tasks and reduce invoice processing costs
    • Post more invoices directly to FreeWheel without human operator intervention
    • Always know where invoices stand in the approval process
    • Respond more quickly to supplier inquiries regarding the status of invoices
    • Pay more supplier invoices to terms, no matter where AP staff work
    • Free finance staff to focus on higher value activities

     

    How IPS automates invoice processing for FreeWheel users

    IPS helps FreeWheel users automate the entire invoice-to-pay lifecycle.

    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 FreeWheel

     

    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 FreeWheel:

    • Eliminate the need for costly and error-prone keying into FreeWheel
    • Accelerate the delivery of invoice information downstream
    • Always know what has been spent on behalf of a client and what is planned

     

    If you are a FreeWheel user looking for a better way to process suppliers invoices, IPS wants to speak with you.

    Contact us to speak with one of our media payables experts today!

     

    Learn more about the IPS and FreeWheel partnership.

     

    Are you using FreeWheel's Strata platform?  Learn more about invoice processing software for Strata Users.