Invoice Processing

Our invoice processing solutions ensure that your organization's manpower is allocated towards your core business functions. We undertake the complete back-end transaction and invoice processing duties for organizations in order to recognize product positions accurately, manage AR, and identify your business position.

Vee Technologies has the expertise and domain knowledge to execute processing with a strong team of highly qualified software programmers and analysts who are actively involved in providing support functions for the data processing team.

Invoice processing services includes:

Delivery of invoices

Verification of receipts

Comparison to purchase authorization

Payment

Invoice consolidation

Invoice details verification

Invoice submission

Invoice remittance

We use state-of-the-art software and technologies for all processing services, such as OCR and ICR recognition technology. We also use our in-house developed software which accurately captures data like date, vendor ID, line item and total amounts billed.

Vee Technologies uses a result-oriented methodology to process invoices:

We receive your scanned invoices

Processors from our expert data entry teams access the invoices using advanced data recognition software

The data entry process begins

All required fields such as date, vendor, line item, and invoice amounts are entered into an electronic format

Comparison to the purchase authorization is completed

The output is compatible to all ERP systems including SAP

The report is ready in an electronic format and entered into your accounts payable system

therealestatebookkeeping is equipped to handle large volumes of invoice processing work, accurately, on time, and as promised.