Invoice Processing Overview

High Speed and High Quality

• Invoices are scanned using software to ensure good image quality and to handle multiple page invoices in a single file. Each scanned image file is uploaded to a secure RealPage-hosted web site.
• Problematic hand key data entry is replaced with highly automated rules-based data capture with multiple validation of consumption and cost data.
• Each charge is automatically coded to the cost center and G/L account you specify.
• Each invoice payment is matched with your account information to ensure prompt credit to your account.

Payment Processing Control

• Eliminate re-keying by importing A/P invoice data in XML, fixed length or delimited format for your A/P system
• Your A/P team stays in full control of cash flows
• Velocity provides invoice data and invoice images
• Velocity researches past-due balances and indicates the correct amount to pay to avoid over or under paying

Reporting Power

• Interactive utility consumption reports with drilldown capability.
• Create your own customized central reports.
• Site-level utility invoice reports.
• Internet access to reports, invoice images and data extracts.