Genpact AP Advance Overview
Genpact AP Advance is one of the solutions from the Genpact AP Suite, which provides a robust, future-proof platform to effectively connect with vendors around the world. It automates the Accounts Payable (AP) process with an easy-to-use service-oriented architecture and enhances relationships with suppliers. Combining digital and process expertise, Genpact AP Advance transforms account payables and helps strengthen relationships with your vendors.
It provides end-to-end visibility and facilitates prompt payment to the vendors. Genpact AP Advance uses a combination of Accounts Payable automation and advanced workflow to shorten cycle times and approvals. It also makes resolution processes simpler in the bargain. It is a true cornerstone of intelligent procurement operations.
Genpact AP Advance is one of the market-leading accounts payable solutions that makes invoice processing touchless with dynamic workflows and automation. It eliminates non-standard manual processes and high cost of operations through its automated workflows. The self-service portal brings higher visibility and drives supplier satisfaction.
Key features and benefits
Genpact AP Advance offers the following key features and benefits to customers:
- Invoice Ingestion
- Manual
- OCR
- Mailroom/Scanning
- Work Allocation
- Work List
- Search List
- Assign/Reassign Invoices, Assign/Reassign Work Items
- Invoice Processing
- Approval/Exception Handling WF
- Sequential WF
- Exception Handling
- Rejections
- Quality Checks
- Download Data
- Approval/Exception Handling WF
- Workflow
- Auto Routing of Work Items
- Reminders/Escalations
- Approval Process
- Delegation of Authority
- Sequential WF
- Exception Handling
- Review
- Resolve/Reject/Route
- Buyer Portal
- Approval/Exception Handling
- Bulk Approval
- Review Invoices
- Delegation of Authority
- Approval/Exception Handling
- Analytics
- Configurable Reports
- Configurable Dashboards
- AP Helpdesk
- Integrated Inquiry Management
- Language Support
For details on how Genpact AP Advance works, see the Off-The-Shelf AP Advance document.
