For More Details Visit: https://aavenir.com/best-practices-automating-invoice-approval-process-for-po-vs-non-po-invoices/
A strong supply chain consisting of reliable sourcing partners accelerates the growth of successful enterprises. To build successful supplier relationships, each enterprise ensures to make fast payments for vendor invoices received. The vendor invoice can be divided primarily into PO invoices(having reference Purchase Order) and Non-PO Invoice(Vendor generated without any PO reference). To reduce average receipt-to-invoice cycle time, Accounts Payable teams use different digital tools such as ERP, A/P automation tools and lately even ServiceNow to replicate invoice approval workflow. In this blog, we will learn the difference between PO & Non-PO invoices, and understand the best practices to implement a successful invoice approval workflow process using the ServiceNow platform.
