Blog / Thought Leadership January 13, 2021

The Smart Way to Audit Invoices

It’s time to automate invoice auditing and improve your bottom-line.

Matthew Tillman

It’s time to automate invoice auditing and improve your bottom-line.

It’s time to automate invoice auditing and improve your bottom-line. Controllers, VPs of Finance, and CFOs know there’s money to be protected and saved by reviewing every invoice received, but the cost has always been too high. Did you know?

  • 73% of business invoices go unaudited as it’s considered too expensive(1)
  • 53% in cost savings can be realized by performing invoice audits(1)
  • 25% or more of your monthly invoices received contain errors

That’s where OpenEnvoy comes in. We identified this opportunity and created software that can eliminate AP fraud so it’s no longer a human-scale problem.

With OpenEnvoy you start matching invoices within a matter of minutes, not months, thanks to no-code integrations and out-of-the-box connectivity to most major ERP systems.

We created OpenEnvoy so you can get:

  • Software solely focused on automating invoice auditing
  • All invoices matched to originating documents, down to the penny
  • AP Fraud and careless supplier invoice practices eliminated
  • Repetitive tasks automated freeing people to focus on more strategic, complex projects that bring greater value to the business
  • No consulting fees or additional service fees

1 Source: Gartner Research, 2019

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