Doing JDE AP Automation the Integrated Way - Including 2-3 Way Matching, Unit of Measure Normalization, Part Number Conversions and REAL TIME JDE Integration to Maximize Touchless Invoice Processing
Oracle Gold Partner and Quest Sponsor IntelliChief will present how Accounts Payable professionals are able to automate processing of 2-way matching (Invoice to PO) and 3-way matching (Invoice to PO to Receiver) with JD Edwards EnterpriseOne and World.
Utilizing IntelliChief, processing occurs in both initial document capture and in workflow, providing real time integrated JD Edwards database validations with automation’s speed and accuracy.
In-tandem with IntelliChief, information from JD Edwards is utilized to perform matching. IntelliChief keeps track of the PO quantity open and the Receiving quantity available by saving needed information when an Invoice line item is matched to a PO/Receiver. This can be set to identify by PO Number, Item Number/ID, Unit Price, Line Total, PO Quantity Ordered, Receiving Quantity, or two Miscellaneous fields of the user’s choice.
IntelliChief includes multiple Match Methods, where receiving quantity qualifies exact match, based on first in, first used, or a combination of both. It includes options for a Variance percent, amount and type for the Invoice to PO fields (Unit Price, Line Total, Quantity).
Matching features of Unit of Measure normalization capability to simplify processing of standardized orders (Ordering quantity vs. Invoiced Quantity), and Part Number cross-referencing increases accuracy when obsolete numbers are referenced in the Invoice. Both increase “touchless” processing.
With IntelliChief, this touchless, straight-through processing significantly reduces information keying into JD Edwards, saving time and cost, enabling visibility to receive early payment discounts, while avoiding late payment fees.
Objectives:
- Education
- JD Edwards EnterpriseOne Integration
- JD Edwards World Integration
See how this JE Edwards-integrated AP automation system works. Register today for this 30-minute live web presentation.
Presented by Brian Spiro, IntelliChief