IMU_Curtail Resolutions

Curtail Resolutions

InvoicingSM provides the ability to curtail an invoice when a vendor does not respond to an invoice adjustment or resolution within a pre-determined number of days (threshold) set by your organization. For example, your organization gives vendors three days to respond to an adjustment; if no response is received by the fourth day, the invoice is eligible for curtailment.

Curtailment enables you adjust an invoice as necessary in order to process it. There are two types of curtailment options:

Curtail an invoice adjustment - Curtail an invoice with a previous adjustment to which the vendor has not responded. Invoices with outstanding adjustments and no vendor response appear in the Pending Vendor Review queue. Once the invoice is curtailed, the system automatically approves the outstanding adjustments.
Curtail an invoice resolution - Curtail an invoice with a previous resolution to which the vendor has not responded. Invoices with outstanding resolutions and no vendor response appear in the Pending Resolutions queue.

When the invoice is curtailed, you can approve, deny, or auto adjust the invoice.

If your organization is configured to auto curtail adjustments, when the vendor's threshold number of days passes, InvoicingSM automatically approves the adjustments and the invoice appears in the Pending Servicer Approval queue, or they are auto-approved, depending on your organization's business rules.

If your organization is configured to auto deny, once the vendor's threshold number of days passes, InvoicingSM automatically denies the invoice.