Cost Reduction Begins with Data-Driven Analytics
Modules
Invari's revolutionary invoice automation, paired with its robust reporting and analytics, provides an end-to-end solution for users to streamline invoice review in a way that proactively resolves billing inconsistencies in all categories. Invari accepts invoices from all categories, allowing for the centralization of invoice management. This enables you to track & maintain all variable costs in month over month drill down reporting.
Variance Analytics
Proactively track variances and eliminate billing confusion on all invoices, with the ability to diagnose the root cause of charge fluctuations. By allowing you to quickly compare charges at the line-item level, variances are easily identified.
Approval
Utilize custom workflows that allow users to accelerate the invoice approval process. Integrate your custom accounting principles to centralize invoice approval in user friendly report.
Invoice Management
Track the status of your savings projects in real time. Users have the ability to pull attribution reports to identify which initiatives correlate with the most significant hard dollar savings to implement proven saving techniques at scale.
How the Application Works
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Process Invoices Instantaneously
Our cutting-edge software is designed to revolutionize the way businesses process invoices. With lightning-fast processing capabilities, our software can instantly scan and extract data from invoices, eliminating the need for time-consuming manual data entry.
Gone are the days of waiting days or even weeks to process invoices and reconcile accounts. With our software, you can get the job done in a matter of minutes, saving you time and money while improving the accuracy and efficiency of your financial operations.
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Custom Variance Reporting
Invari offers a powerful variance reporting feature, allowing you to quickly identify discrepancies between expected and actual invoice amounts. With just a few clicks, you can set custom thresholds to create detailed variance reports, comparing your month over month charges at the line-item & sub line-item level
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Seamlessly Integrate Custom Accounting Principles
With seamless integration into your existing accounting principles, our software eliminates the need for manual data entry and reduces the risk of errors or discrepancies.
Using our software, you can easily generate custom payment files that meet your unique business needs. Whether you need to pay vendors, employees, or other entities, our software makes it easy to create custom payment files in just a few clicks.
Identify Areas for Savings in a Matter of Minutes.
No Manual Review Necessary
Invari Supports 20+ expense categories to centralize invoice processing on to one easy to use application. Our process is simple, invoice transmission is re-routed to Invari, custom variance thresholds are set, and each invoice is integrated into you custom payment file to review for approval. The days of search through hundreds of pages for errors & reconciliation are over.
Ensure Contracted Billing
One of the key features of Invari is its ability to link invoices to original contract documents, ensuring that billing is accurate and aligned with the terms of the agreement.
By linking vendor invoices to the original contract documents, Invari is able to seamlessly verify that the invoiced amount is correct. This eliminates the need for manual verification, which can be time-consuming and error-prone. Invari's automated system ensures that invoicing is accurate and efficient, reducing the risk during disputes or vendor miscommunications.
In addition to linking invoices to original contract documents, Invari also provides variance reporting. This feature allows users to quickly identify any discrepancies between the invoiced amount and the contracted billing rate, allowing for timely resolution of any issues.
With Invari, businesses can streamline the invoicing process, ensure accurate billing for vendor invoices, reduce the risk of errors and disputes, and ultimately save time and money.