Invoice Management
The Challenge
The supply chain of a large car fleet produces a huge number of invoices. Managing and verifying these invoices requires a detailed understanding of the nature of car fleet supply, something that is usually missing after fleet is outsourced. To manage the category correctly it is essential to control approval requests, many of which may sit outside the original contract T&C’s, align PO’s and spend forecasts and accurately validate invoices; all requiring systems and processes unique to fleet.
Our Solution
The Centrax management information system is integral to the invoice management controls applied by Fleetworx . The huge volumes of data managed within Centrax™ helps the Fleetworx team apply an analytical approach to invoice management and interrogate all invoice line items to ensure invoice accuracy.
Your Benefits
The Fleetworx Invoice Management Module provides an invaluable service to accounts payable departments who need to manage and administer invoices from the car fleet supply chain.
- best cost solution is achieved
- close management of spend
- accurate PO generation
- confidence in forecasting spend across period
- robust accounts payable processes