IMU_Invoices

Invoices

InvoicingSM enhances invoice processing between vendors and servicers.

InvoicingSM enables vendors to create invoices and submit them electronically to you along with supporting documentation. In turn, you can review and process the invoice so that the vendor can be paid. The back and forth actions performed on an invoice are all tracked in InvoicingSM and can be accessed via reports.

There are numerous actions you can take on an invoice, such as:

Approve an invoice
Adjust line items
Create resolutions
Deny an invoice

Not all of these actions occur for every invoice. In some instances, invoices may be easily approved. In other instances, you may dispute an amount submitted on a specific line item within the invoice. You may also have a disagreement about the invoice and create an explanation resolution and send the invoice back to the vendor with a question. Or you may need to release the invoice back to the vendor requesting a change to the invoice. If the invoice is outside of your organization's guidelines or is not successfully resolved by the vendor, you may deny the invoice.

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