Automated Invoice Capture
With the Palette solution the data from Cypress Creek’s vendor invoices is captured and validated automatically with a 98% accuracy rate. The invoices go to a queue, visible in the Palette dashboard.
Palette’s accounts payable automation solution matches vendor invoices to Cypress Creek’s purchase orders. Onced matched, the invoice is automatically sent to Sage Intacct for payment. Only PO invoices with a variance are sent out in a pre-defined, digital approval workflow to approvers or supervisors.
An automated approval workflow sends non-PO invoices to project managers to approve via email, rather than having to enter the system. If an invoice goes over the tolerance level, the system automatically sends the approval to the supervisor.