e-Settlements Network Seen Blocking Invoice Exceptions to Reduce Invoice Error Rates

Xign said validation reduces invoice exception rates by 77 percent as suppliers learn to consistently submit "clean" invoices

  • Invalid or missing data (41 percent);

  • Purchase order mismatches (15 percent);

  • Price or quantity tolerance conditions (11 percent);

  • Duplicate invoices (9 percent);

  • Missing required data (4 percent);

  • Invalid general ledger account coding (3 percent).

The Value of Validation

Additional Articles of Interest

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CEOs want from their supply chains The Supply Chain Disconnect Supply & Demand Chain Executive