Over the next week I will cover some of the new features in Dynamics 365 Operations.
Accounts payable – Vendor invoice automation
Organizations look to streamline and automate their Accounts payable processes, and invoice processing is often a major process areas that needs improved efficiency. A local hotel group might generate a million Purchase orders in a year.
Oftentimes, organizations offload the paper invoice processing to a third-party optical character recognition (OCR) service provider to get machine readable invoice metadata along with the scanned image of the invoice.
To help with automation, a solution is now built in the invoicing system to enable consumption of those artifacts. Dynamics 365 for Operations enables this automation out of the box.
This new invoice automation support enables a standard interface to accept invoice metadata for
invoice header and invoice lines, as well as the related attachments to the invoice. An external system
that can generate the artifacts and comply with the interface will be able to send the feed to Dynamics 365 for
Operations for automatic processing of invoices and attachments.
A side-by-side attachment viewer is available in invoices in exception handling forms, in pending invoices, and
journal inquiries.
