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Epayables: Wikis

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ePayables is a form of electronic invoice presentment and payment (EIPP)[1], Accounts Payable automation [2] that addresses elements of invoice workflow [3] by streamlining the routing, coding, approval and validation processes. E-payable systems create efficient invoice processes that improve worker accuracy and productivity and lead to a reduction in process costs [4].

To derive the most value from an ePayable system, it should be integrated with an ERP application or other back-office system such as accounting, purchasing, or order management program [5].

References


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