Dynamics 365 Finance
Category
Jul 31, 2024
Published date
Text
Article Type
AI Summary
- The article focuses on the invoice capture solution from a functional standpoint, emphasizing the roles and responsibilities of the invoice capture and the Advanta, providing operative guides on configuration and operation.
- The business requirements for the invoice capture solution include improving the vendor invoice posting process, which can be time-consuming due to the volume and complexity of cases.
- Microsoft offers the invoice capture technology as a solution to streamline the vendor invoice processing by allowing the receipt and review of vendor invoices through IA before transferring them to D365FO for further processing.
- The advantages of the invoice capture technology include semi-automatic invoice insertion and the ready-to-deploy AI model, while the disadvantages include dependency on the Microsoft ecosystem and the need to adapt the AI model to customer documents.
- The advice is to implement the technology with Microsoft Dynamics 365FO for purchase orders and start with high-volume vendors to train the AI model effectively before expanding to other vendors gradually.
- The solution components include the invoice channel, Power Automate, Power Apps for invoice capture, received file and captured invoice forms, dashboard, D365FO, pending invoice, vendor invoice journal, workflow, invoice matching, and invoice validation.
- The business process of invoice automation involves capturing, decoding, reviewing, transferring, inserting, workflow validation, and posting the document, with each activity assigned to a specific owner and system.
- Additional reference materials are recommended for further information on invoice capture configuration and operational details.
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