Paperless AP invoice and payment process
April 4, 2019
Q. I am implementing a paperless invoice and payment process in A/P. The ERP system we use is Oracle. Oracle has controls based on PO matching with the invoices and for non PO related invoices an approval is required before anything can be paid. We will scan invoices and attach a softcopy in Oracle. What type of internal controls do company's use to ensure all payments are valid since invoice copies will not be attached to checks for the signer to review. My idea was to randomly select invoices…
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