About Mi Invoices
Mi Invoices is an automated invoice processing software from Arcivate designed for Oracle Fusion and E-Business Suite Accounts Payable. It provides automated invoice processing, data recognition, and data validation so users can efficiently manage invoice workflows. This cloud service helps organizations reduce manual entry errors and speeds up the approval process. Mi Invoices integrates smoothly with existing Oracle ERP systems, improving data flow and accessibility. Key capabilities: automated invoice processing data recognition data validation cloud-based integration reporting features Best for: finance teams that need to automate their invoice handling and improve accuracy in accounts payable.
Arcivate’s Mi Invoices is a SaaS-based automated invoice processing software that integrates seamlessly with Oracle ERP platforms, including both Oracle Fusion Cloud ERP and Oracle E-Business Suite. This cloud service streamlines the processing of supplier invoices by offering Intelligent Document Recognition (IDR), which eliminates the need for manual data entry through automated extraction of invoice data such as purchase order headers and line items. The system supports a user-friendly, single-screen interface adaptable to any language, and is designed to reduce the manual effort required in invoice processing while ensuring accuracy and efficiency. The user interface of Mi Invoices is streamlined with Single Screen Processing (SSP), allowing users to manage all invoices from one central application. It features an adaptable graphical user interface (GUI) that supports multiple languages, ensuring accessibility across different regions. The software’s exception handling workflows are flexible and customizable, enabling swift resolution of invoice discrepancies and reducing the need for manual intervention. Additionally, it supports mobile approval and hybrid work environments, facilitating invoice management from both office and remote locations.
Pros & Cons
- +Seamless integration with Oracle ERP systems.
- +Reduced manual invoice processing effort.
- +Intelligent Document Recognition (IDR) minimizes data entry errors.
- +Supports mobile approval and hybrid work environments.
- +Offers customizable exception handling workflows.
- −Limited integration outside of Oracle ecosystems.
- −Pricing may be steep for smaller businesses with limited invoice volume.
- −Requires initial training for optimal use of automated features.
Features
Key features
- Intelligent Document Recognition (IDR)
- Non-template recognition of invoices for accurate header, footer, and line item extraction, reducing manual data entry.
- Automated Three-Way Matching
- Matches invoices against POs and goods receipts for efficient validation and processing.
- Single Sign-On (SSO)
- Provides secure access management via SAML 2.0, linked to Active Directory.
- Exception Handling Workflows
- Customizable workflows that handle invoice discrepancies, ensuring swift resolution and preventing delays.
- Mobile Approval Support
- Enables managers to approve invoices remotely, supporting hybrid work environments.
- Audit History
- A complete audit trail is maintained for every invoice processed, ensuring transparency and accountability.
Additional features
- Single Screen Processing (SSP)
- Manages all invoices from one interface for reduced touchpoints and faster processing.
- OCR Data Extraction
- Automatically extracts data from invoices, reducing the need for manual entry.
- Exception Handling
- Configurable workflows for managing discrepancies and approval processes.
- Search Functionality
- Allows users to quickly locate invoices, view status, and track workflow history.
- Management Dashboard
- Provides AP managers with an overview of all invoices in the system, along with reporting tools that include accruals and KPIs for spend analysis.
- Straight Through Processing
- Automates a percentage of invoices with no-touch processing.
- Hybrid Work Support
- Facilitates work from both office and remote locations.
- No PO, No Pay Policy Support
- Rejects invoices with no associated purchase order, enforcing procurement compliance.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About Mi Invoices
Mi Invoices is an automated invoice processing software from Arcivate designed for Oracle Fusion and E-Business Suite Accounts Payable. It provides automated invoice processing, data recognition, and data validation so users can efficiently manage invoice workflows. This cloud service helps organizations reduce manual entry errors and speeds up the approval process. Mi Invoices integrates smoothly with existing Oracle ERP systems, improving data flow and accessibility. Key capabilities: automated invoice processing data recognition data validation cloud-based integration reporting features Best for: finance teams that need to automate their invoice handling and improve accuracy in accounts payable.
Mi Invoices Details
Mi Invoices's In-App Market Place
Does Mi Invoices have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
3
Mini Apps
Invoice Capture from Email and PDF.
Data Extraction Templates.
Supplier Communication Modules.
Pricing Options
Accepted Payment Currencies
AUD ($), CAD ($), EUR (€), GBP (£), JPY (¥), USD ($)
Pros & Cons
- Seamless integration with Oracle ERP systems.
- Reduced manual invoice processing effort.
- Intelligent Document Recognition (IDR) minimizes data entry errors.
- Supports mobile approval and hybrid work environments.
- Offers customizable exception handling workflows.
- Limited integration outside of Oracle ecosystems.
- Pricing may be steep for smaller businesses with limited invoice volume.
- Requires initial training for optimal use of automated features.
Mi Invoices's Support Options
Email Address
info@arcivate.comsupportContact
+17372953103Mi Invoices's Alternatives
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