AP automation solution built for direct invoicing
Purpose-built line-level 3-way matching solution built for your direct materials.
AP automation solution built for direct invoicing
Purpose-built line-level 3-way matching solution built for your direct materials.
Reduce the risk of overpaying or underpaying your suppliers
Direct material invoices contain parts that come from multiple purchase orders and this creates challenges for accounts payable teams. Eka’s e-sourcing solution is purpose-built for companies to digitally automate their AP process for faster, reliable, and accurate invoice processing.
Reduce the risk of overpaying or underpaying your suppliers
Direct material invoices contain parts that come from multiple purchase orders and this creates challenges for accounts payable teams. Eka’s e-sourcing solution is purpose-built for companies to digitally automate their AP process for faster, reliable, and accurate invoice processing.
Line-level reconciliation
Most AP solutions in the market match spend invoices with the total amount due, but this approach does not work for direct spend. Eka matches and compares each invoice line item to the corresponding PO line to accommodate for price, quantity, and date changes.
Improved supplier relationship
Suppliers get variety of options to send and receive invoices- email, pdf, or word doc. You can provide them with a self-service dashboard to track orders, invoices, and payments to ensure they are paid faster and at better terms with automated invoice processing.
The perfect match
Line items matched. Perfect. Now you can focus on getting your AP teams to resolve line items that don’t match with exceptions. With Eka’s fully automated 3-way matching, identify mismatches, update the PO, raise a request to your supplier to update the invoice, or authorize the payment anyway.
The right digital automation solution
Eka’s AP solution helps you digitize manual supplier invoices with OCR, maximize compliance, increase your direct spend visibility, and improve relationship with your suppliers. Everyone gets rewarded: You can process invoices faster and more accurately, and your suppliers can get paid quicker.
Achieve better business outcomes
Direct material procurement
With direct materials representing roughly 67% of revenues, why are procurement organizations across multiple industries still relying on legacy ERP systems to digitally transform their processes?
Managing supplier network
Managing your supplier network often requires hours of emails and phone calls each week, with mind-numbing data entry leading to frustrating inaccuracies that create unnecessary risks. With Eka, it can be an automated process that delivers real-time collaboration and accurate information on demand.