The number one challenge in AP Invoice processing that we heard from CFOs was a high volume of non-standard invoices in multiple formats received from hundreds of vendors mostly via email round the clock. Other concerns and challenges the Accounts Payable team faced were the need to verify and process these invoices manually, checking for multiple validations for accuracy and validity of the invoice. Apart from the huge manual data entry effort of manually keying the invoice into the AP software, there was also a lot of manual effort to validate the invoice against PO, Contract, Vendor Master, and Tax calculations. Hermes - AP Automation was built keeping this in mind.
Zoho Invoice is a completely free tool that helps businesses craft and send professional invoices, collect online payments, manage expenses, and generate insightful reports. Businesses can log time and bill clients for the total hours worked on a project. Businesses can also collaborate with customers via a self-service portal where customers can view and approve estimates, make payments for invoices, and download statements.
Since Zoho Invoice is a cloud-based solution, businesses can access their invoicing data where ever they are, with any device—desktops, laptops, tablets, mobile phones, even Apple Watch!
Zoho Invoice is available in 17 languages: Arabic, Bahasa Indonesia, Bulgarian, Croatian, Dutch, English, French, German, Italian, Japanese, Korean, Chinese (Simplified), Portuguese, Spanish, Swedish, Thai, and Vietnamese.
Awesome software to manage your accounts payable. There's a centralized dashboard where you can see the status of all your payment. Very easy to pay business bills. Would definitely recommend it to other SMBs. It's a great solution for processing accounts payable. There are approval workflows which makes it easy to control payments. It is really simple to pay bills with a just few clicks.
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