PROCESSIT

A control center and workflow for document processing automation for your Oracle E-Business Suite R12 and 11i

PROCESSIT enables automated invoice processing within Oracle E-Business Suite. The solution gives you full control of all incoming supplier invoices.

  • Process purchase-order invoices without manual intervention
  • Handle task in an intuitive interface directly in your web-browser
  • Instant access to workflow overview, invoice statuses and audit trails
  • Real-time system monitoring tools and optional licensed expansion features
Incoming invoices are sorted and archived. Invoices with purchase order references are automatically matched with corresponding purchase orders – even on line level. If the match is complete (we support 2, 3 and 4-way matches), the invoice is automatically posted, accounted and made ready for payment.Non-purchase order invoices or invoices with discrepancies are sent for handling and approval in PROCESSIT’s electronic workflow, where users get a complete overview of their tasks in the PROCESSIT Console.

Seven unique reasons to choose PROCESSIT:

  • A complete solution
    ReadSoft offers end-to-end support for the entire accounts payable process.
  • Certified by Oracle
    Oracle ensures that PROCESSIT works seamlessly with Oracle E-Business Suite.
  • 100% financial data integrity
    All data is stored inside Oracle E-Business Suite – no risk of duplicating or losing invoices.
  • Improved auditing and SOX compliance
    Instant access to invoice workflow history, additional tools for audit trail overview and easy access to invoice images all make it easier to comply with legislation such as the Sarbanes-Oxley Act.
  • Adjusts to your processes
    PROCESSIT is a ready-to-use solution whichcan be configured to fit your unique business processes.
  • A light IT project
    PROCESSIT is quickly implemented. No changes are needed in your existing Oracle system.
  • Smooth changeover
    Users work in an intuitive user web-based interface and benefit from faster and less cumbersome invoice handling

Suitable for you if:

You are an Oracle E-Business Suite user who wants to automate your invoice processing and maximize the investment in your Oracle E-Business Suite.

With PROCESSIT, you will:

Get faster invoice approval
A faster invoice approval process enables discounts and avoids interest bills.
Enable 100% secure approval
Reduces the risk of paying fraudulent invoices.
Get a complete audit trail
The solution gives you a complete overview of every step of the workflow processes.
Get a real-time overview of the workflowSee where invoices are in the process and who is responsible for the next action. 

Technical Capabilities

  • Invoice images are imported to Accounts Payable and are available as attachments.
  • The document workflow is based on the latest Oracle Technology (BPEL and SOA).
  • The solution provides an overview to pinpoint specific supplier invoices in the process.
  • All data is stored in Oracle E-Business Suite to ensure data integrity.
  • Existing Oracle E-Business Suite rules and settings are reused.
  • Account rules and limitations are adopted from General Ledger and PO/HR hierarchies are available.
  • Awareness and use of both accounting and descriptive flex fields.
  • PROCESSIT is a separate installation – which means no integration to maintainance.
  • The solution does not require changes in your existing Oracle E-Business Suite and does not affect your Oracle support arrangements.

Business system integration

PROCESSIT is a part of ReadSoft’s invoice processing solution for Oracle E-Business Suite which works seamlessly with the Oracle ERP system.