Our outsourcing service relieves you of the cumbersome task of capturing invoice data and reconciling supplier statements, allowing you to focus on managing exceptions.
Archives: Services
Supplier Statement Reconciliation Automation
Intellection has partnered with StatementMatching.com to automate supplier statement reconciliations.
Automating supplier statement reconciliations will improve your financial controls, ensure accurate supplier balances, and reduce queries into the Accounts Payable (AP) department. StatementMatching.com enables AP to focus on the exceptions, give suppliers the information they need, and even make the auditors happy.
We reconcile paper, PDF, and Excel statements against data from any ERP System, with matching capabilities across suppliers, companies, and systems (if required). No software or hardware installation is required – reconciliations are performed automatically via a web browser for easy review and exception processing.
Accounts Payable Automation
Enterprises are increasingly recognising that paper and people-based processes lead to high AP transaction costs and missed business opportunities. Common issues include manual data entry, inefficient processes, lost or missing invoices, high discrepancies and exceptions, and an inability to capture all supplier discounts.
Duplicate Payment Prevention
Our automated duplicate payment prevention and detection system improves financial controls and enhances the profile of your Accounts Payable department. Daily duplicate identification reports ensure vendor invoices at risk of being paid in error are highlighted before payment.
Electronic Invoices
Lower the barriers to eInvoicing by accepting all forms of electronic invoices without any cost to your suppliers.
Suppliers can submit invoices through a variety of eInvoicing methods, all integrated into a single platform – and it’s 100% free.
Historical Recovery
Intellection’s Historical Recovery service analyses procure-to-pay data to recover duplicate payments, missed input VAT, and utility billing errors. Our proposition is straightforward: we work on a contingency fee basis, so if we don’t recover any errors, there is no fee associated with our service.
Supplier Management
Empower your suppliers to be self-sufficient with access to a plethora of free self-service and management tools.
Accurate, up-to-date supplier information is crucial for effective supplier management, as it increases efficiency, reduces costs, simplifies supplier onboarding, and mitigates any supplier risks. The Taulia Supplier Management solution simplifies the process of collecting, validating, and managing supplier data to maximise productivity and minimise operational costs.
Supplier Finance
Find out how suppliers benefit from the Taulia Platform
Turn every invoice into a revenue opportunity by using your cash or third-party cash to fund early payments.
Taulia’s Supplier Finance combines the benefits of Dynamic Discounting and Supply Chain Finance to offer early payments to your entire supply chain, using your cash or third-party financing.