Control Spend With Automated Pricing Compliance

Automatic digital invoice and field ticket rate validation to manage spend and control leakage.

pricebook

Automatically validate and reconcile inbound digital invoices and field tickets against contract price agreements, catalogs and simple rate sheets to better manage spend and control leakage.

Automatically validate and reconcile inbound digital invoices

Benefits

Ensure Pricing Accuracy

Ensure Pricing Accuracy

Validate pricing, identify non-compliant invoices and reconcile invoices automatically.

Optimize Spend

Optimize Spend

Detect rogue spend and pricing exceptions and predict budget problems with near real-time spend visibility.

Faster Supplier Collaboration

Faster Supplier Collaboration

Manage disputes and pricing changes directly in OpenInvoice to expedite pricing changes.

Increase Productivity

Increase Productivity

A streamlined, automated process saves time by reducing manual processes and errors, so you can focus on critical business tasks.

Solution Overview: PriceBook

Learn how PriceBook, in conjunction with OpenInvoice® or OpenTicket, lets both operators and suppliers upload contract price agreements, catalogs, or simple rate sheets to validate inbound electronic invoices and field tickets. It provides line item detail, automated workflows with reconciliation, and spend analysis reporting to help control leakage.

PriceBook

Save Time with automation

Automatic compliance and reconciliation checking, automatic code validation and invoice approvals, supplier collaboration tools, a mobile approval app, and the ability to receive pre-coded invoices reduce the invoice cycle time from weeks to days and reduces the AP workload.

Automatic compliance and reconciliation checking, automatic code validation and invoice approvals

reduce your ap workload with touchless invoicing

Automatic code validation and invoice approvals reduce the number of manual touchpoints required to process low-value invoices. 

Reduce your AP workload with Touchless Invoicing

improve spend managment

Integrate OpenInvoice with your existing procurement and contact management systems. Automatic compliance and reconciliation checking make it easier to maintain price compliance, and robust reporting provides insights and information to control spend leakage.

Integrate OpenInvoice with your existing procurement and contact management systems

“AUTOMATICALLY ENFORCING VENDOR COMPLIANCE WITH PRICEBOOK SAVES US 12 HOURS PER MONTH AND ALLOWS US TO MAINTAIN 90% COMPLIANCE.”

Discovery Natural Resources

HOW PRICEBOOK WORKS

PriceBook

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