Invoice processing
The end-to-end handling of a vendor invoice from receipt through payment, including data capture, validation, matching, approval, and posting.
In more detail
Invoice processing is the sequence that takes a vendor invoice from arrival to payment: capturing its data, validating it, matching it against the purchase order and receipt, routing it for approval, and posting it. Invoices arrive in many formats, PDFs, scans, emails, so the first challenge is just reliably extracting the data.
The bottleneck is the exceptions. Clean invoices that match cleanly can flow through quickly; the ones with a discrepancy, a missing PO, a price variance, a quantity mismatch, are where the team's time goes. Automating the clean path is easy; the harder and more valuable work is handling the exceptions without a person chasing each one by hand.
Where this shows up at Ceven
Ceven can process invoices as a workflow, using AI steps to extract data from whatever format the invoice arrives in, matching it against the order and receipt, and routing exceptions and approvals to people via human-approval gates. It acts across the customer's own finance systems rather than being the ledger, with each invoice's handling recorded in the audit trail.