FINANCE

Scopeworker’s touchless AP and AR aligns goods and services with orders, receipts and supplier SLAs between all stakeholders layers (buyer, supplier, sub-vendor and worker). Finance departments now gain greater control and transparency over larger olumes. Scopeworker Finance pulls metadata from the end-to-end business lifecycle to seamlessly integrate AP and AR with invoice management, Procurement and supplier SLA’s. Traditionally manual functions are automated, cycles are instant and Finance Departments now focus on exceptions.

 

KEY FEATURES

 

FINANCIAL COMPLIANCE

Financial compliance requires centralized control with decentralized execution. Scopeworker Finance enables this. The platform yields business agility, informed purchasing and process efficiency, whilst providing financial oversight and Sarbanes-Oxley audit-ability

 
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EXCEPTION ROUTING & REVIEW

Control items that require manual review with buyer defined settings which may be set globally or at a commodity level. Scopeworker’s predictive analytics anticipate non-matching algorithms (e.g. invoices), flag them and then route them instantly for review and resolution.

 

FINANCE VALUE EFFICIENCY

WE USE THE IOT TO COLLECT LIVE DATA

COST
Automated optimization of time, quality and scalability can be achieved without additional headcount.

TIME
End-to-end touchless financial workflows are automated in real-time. As our the real-time integrations with ERPs and DBs.

QUALITY
Financial compliance is automated through centralized control and decentralized, automated execution.

SCALABILITY
Touchless automation enables unlimited scalability. Finance departments need only engage on flagged exceptions.

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