Shelby Digital Invoice

Shelby Digital InvoiceSystem-Integrators

CoupaLink / System Integrators / Shelby Digital Invoice

Digital Invoice™ by The Shelby Group is an end-to-end solution that allows you to go “full digital” with all of your supplier invoices on day one. Unlike other invoice digitization solutions, Digital Invoice provides unique capabilities: all invoices are processed in Coupa. No more need to have two systems for remediating invoices. Invoices needing remediation are routed to the appropriate Group in Coupa. No need to determine “who clears which invoices.” Digital Invoice uses your business rules to place invoices in appropriate queues. Digital Invoice’s MetaMatch feature allows for automated approvals of “close enough” invoices based on custom business rules. Our clients see as much as 10% of - invoices automatically approved.™

Reduce operational costs by 50% to 70% with intelligent workflow automation from Digital Invoice™.

Highlights

All employees work within Coupa – no secondary system needed. All line-level detail imported into Coupa for spend analysis.

Leverage Coupa workflow to address exception handling. 99.5% accuracy for critical fields and 98.5% for non-critical fields.

“Close enough” exception invoices are approved with no human intervention. Clients have seen as much as 24% of their exception invoices automatically approved “touch free".

Solutions

Digital Invoice™

Key features of the end-to-end solution include the following:

DigitalInvoice Processing Center

All types of non-digital invoices accepted (paper, email, PDF, image, fax and handwritten).
All invoices & data collected without manual work from the client - paper invoices mailed to a designated PO box, email invoices sent to a designated email address.
Combination of OCR & human review on all invoices to ensure an accuracy rate of 99.5% on critical fields - All invoices loaded to Coupa in 48 hours or less from receipt.
Over 2 million invoices (including paper and digital files) processed daily.
100% line-level detail captured on every invoice to provide in depth spend analysis.

MetaMatch™ Exception Handling Automation System

MetaMatch’s Business Rules Engine automates the approval of complex exception invoices such as PO-based problems.
Real-time tracking counts the number of each exception encountered – providing insight into common invoice errors.

DigitalInvoice’s Proprietary ChangeMe™ Exception Handling Process

As with many solutions, complete/verified invoices automatically route through to Coupa for approval without any manual intervention.
However, with Digital Invoice, exception invoices (non-PO backed, incomplete) are systematically routed to Coupa as well. Those invoices are then guided to appropriate work queues for remediation via Shelby’s proprietary process and the client’s business rules.

Watch the video.