oboloo Glossary

Automated Invoice Processing System

oboloo Glossary

Automated Invoice Processing System

Automated Invoice Processing System

Automated Invoice Processing System (AIP) is an automated system that streamlines the invoicing process from start to finish. AIP helps businesses take control of their finances by automating and standardizing the entire end-to-end invoicing cycle, from invoice creation to payment collection. Through AIP, businesses can easily create accurate, detailed invoices based on predefined templates and then track them as they move through the approval process. This makes it easy for businesses to manage their cash flow, maintain healthy customer relationships and ensure timely payments. By implementing AIP, businesses can experience a more efficient workflow, save time and money, while increasing accuracy.