What is invoice management?
Invoice management is an internal business function linked to procurement and is responsible for managing and processing invoice documents from vendors and suppliers. The invoice management process usually involves the following steps: receiving the invoice, extracting invoice information, validating and verifying the invoice information, approving payments and finally archiving the invoice for future reference.
Unified Procurement Platform
SMART by GEP® is a cloud-based, source-to-pay procurement software that delivers comprehensive spend, sourcing and procurement functionality in a single, unified platform native to cloud, mobile and touch technologies this would be below unified procurement platform