accounts_payable · workflow
Basware Invoice Matching: automated AP invoice processing for cloud ERP
AP managers using cloud ERP or source-to-pay systems struggle with manual tasks — ingesting PDF invoices, matching POs, and resolving exceptions — and miss out on the benefits of full automation.
How it works
Common implementation structure
How this type of workflow is generally built, generalized across documented cases — not tied to any one vendor's stack. Click any stage to read what happens there. Specific products that implement these stages appear in “Tools commonly seen” below.
Stage 1 · Supplier invoice submission
Suppliers submit invoices in their format of choice, including e-invoicing networks, XML, PDF, and paper.
Tools used
Invoice MatchingInvoiceAI
Outcome
Basware Invoice Matching achieves an 83% auto match rate and 99.7% electronic invoicing rate, with 85% paid on time and a demonstrated history of doubling automation rates within 12 months of implementation.
Results
Time saved85%
Volume83%
Grounding & classification
Source type: generic use case
25 fields verified against source quotes.
data extractiondocument aiidpinvoicepurchase ordermetric backedproduction runtime claimedtools describedworkflow describedautomation ratecycle time reductionerror reductiontime savedgeneric use caseaccounts payablefinance opsinvoice processingdocument to recordextract classify route