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MarketplaceListingsSolutionSolution Accelerator 2Way Match Invoice Processing
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Summary

Summary


Overview

Overview

What is a UiPath accelerator?

UiPath use case accelerators are automation frameworks which are custom-built for specific use cases. These frameworks use best practices and pre-built components which can be modified, expanded, and customized based on the needs of each specific use case and customer, enabling faster time to value for your automation programs.

Note: Accelerators are not plug-and-play solutions. The accelerator package codebase contains reusable components that interact with specific systems (e.g., Coupa, etc.). These components are meant to be used as a starting point / example for how such components should be built in an actual implementation.

Invoice Processing Accelerator

Purchase-to-pay (P2P) finance leaders are challenged by older invoice processing technologies, which still produce high error rates and result in workflow inefficiency.
Automation combined with AI (Document Understanding) technology is a game-changing way to reengineer P2P workflows, greatly improve accuracy, and achieve new levels of straight-through processing. ​
The UiPath 2-way match invoice processing accelerator provides an excellent starting point for an automation which extracts data from PDFs from supplier invoices and related documents, stores legally valid invoices, eliminates errors, and improves processing times.
Offering a proven framework to digitize and scale finance department P2P workflows which leverage your existing financial systems, this accelerator supports the ability to drive immediate ROI by achieving industry-leading straight-through processing and improve working capital.

The code in this accelerator package provides the logic for the 2-way match process between an invoice and a corresponding purchase order. The main steps are:
  1. Retrieve invoice files from a data source (like an email inbox, a network drive, or a third-party application).
  2. Classify the files and extract the information from each invoice.
  3. *Optionally* - For each invoice, extract relevant purchase orders from a finance/accounting system and perform PO matching (including matching each invoice line to a corresponding line in the purchase order).
  4. Create invoice object inside finance/accounting system and upload the initial invoice file.

Features

Features

  • Use of UiPath Document Understanding (DU) framework
  • REFramework included as a default starting template
  • Set of Coupa reusable activities
  • Small and modular processes to accommodate changes
  • Extensibility to support various document types or multiple types of invoices
  • Highly reusable components that can be used across multiple automations
  • Human-in-the-loop capabilities
  • Scalable reporting through data service

Additional Information

Additional Information

Dependencies


Code Language

Visual Basic

Publisher

Internal Labs

Visit publisher's page

License & Privacy

License Agreement

Privacy Terms

Technical

Version

1.0.0

Updated

11 Jan 2023

Works with

Studio: 22.4+

Certification

Silver Certified

Tags

solution
invoice
finance
accounting

Application

Coupa

Support

UiPath Community Support

Resources

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