Digitise your approval process with approval workflows. You can create rules based on various factors such as vendor, branch, GL codes, value and TRAILD's risk score. Greater compliance and security can be added with approval hierarchies.
TRAILD provides approvers with all the information and visibility in the one place. Approvers review invoice information and attached additional documents alongside TRAILD's risk, anomaly and variance flags, so they can make an informed decision. Invoices can be easily approved, rejected, or skipped - from any device, anywhere - even on the go.
Colleagues can be easily tagged to investigate an invoice further or to chase missing documents, and your comments or notes can be added to the invoice. All invoices histories are digitally stored as audit trail.
Eliminate manual chasing of approvals over email and phone calls. Automate matched low-risk invoices, so your team can focus on the problematic invoices that need their attention. Streamline internal and external audits with digital invoice history logs.
Reduce the number of late fees now you have full visibility over all your company's invoices in the one place, allowing you to be on top of invoice due dates and even access pay-early discounts.
Automated rules ensure the correct authorised person in your company is approving the invoice, reducing risks of internal fraud. TRAILDs always-on AI anomaly detection flags errors like duplicate invoices and potential incidence of fraud such as changed bank details, so approvers have greater visibility over risks before approving an invoice.
In our previous system we would find old invoices that hadn’t been approved and we had to do a lot more follow up for approvals. We're much more efficient now having everyone working off the same platform and using TRAILDs approval workflows and automated approval reminders.”
It took us less than a week to get TRAILD rolled out and my team comfortable with using it. We could see the benefits right away!"
TRAILD is so simple to use, my team from purchasing to accounts payable love it. It's given us visibility and control on AP and dramatically improved processing time
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