{"id":199612,"date":"2023-08-28T11:28:29","date_gmt":"2023-08-28T09:28:29","guid":{"rendered":"https:\/\/easy-software.com\/?p=199612"},"modified":"2025-04-29T15:39:33","modified_gmt":"2025-04-29T13:39:33","slug":"digital-invoice-approval-faster-to-booking-and-payment","status":"publish","type":"post","link":"http:\/\/easy-software.com\/en\/newsroom\/digital-invoice-approval-faster-to-booking-and-payment\/","title":{"rendered":"Digital invoice approval: faster to booking and payment\u00a0"},"content":{"rendered":"
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Every incoming invoice must go through this approval process; this work step is the last before posting and paying the invoice. Electronic invoice software<\/a> automates these processes, aligning with the global trend towards digital transformation in finance departments. The result: increased efficiency in the invoice process overall, fewer errors in invoice approvals, and improved collaboration regardless of location. All of this leads to cost savings, as digital invoice approval can be 100 percent automated, e.g., as an automated accounts payable processing (AAP)<\/a>. International companies benefit from reduced follow-ups, comprehensive visibility, and increased cash discounts, thanks to digital invoice approvals.<\/p>\n\n\n\n

What are approval processes for? <\/h2>\n\n\n\n

Approval processes are intended to compare the current status of certain content with the target status<\/strong>. The process describes who approves what, when, how and where, and under what conditions<\/strong>. As such, the approval process is a workflow and thus a control and steering instrument for work procedures in companies. <\/p>\n\n\n\n

What is digital invoice approval? <\/h2>\n\n\n\n

Digital invoice approval is the final step before the invoice is posted and ultimately paid. In it, the incoming invoice is reviewed<\/strong> for substantive<\/strong> and technical<\/strong><\/a> accuracy to verify: <\/p>\n\n\n\n