Invoice Management Software Resources
Articles, Glossary Terms, Discussions, and Reports to expand your knowledge on Invoice Management Software
Resource pages are designed to give you a cross-section of information we have on specific categories. You'll find articles from our experts, feature definitions, discussions from users like you, and reports from industry data.
Invoice Management Software Articles
Top 9 Free Invoice Management Software for 2024
Unpaid invoices haunting your dreams? Managing multiple clients and tracking expenses can turn into a nightmare for fast-growing small businesses. You might find yourself spending hours creating client invoices, approving vendor bills, tracking your payments, and managing financial records rather than focusing on the heart of your business.
by Soundarya Jayaraman
Some Well Known (and Lesser Known) Facts About GAAP
I’m sure many people have heard the term GAAP used in one conversation or another, but unless you are a seasoned accounting or finance professional, you might know little about these important regulations, besides what the acronym stands for.
by Nathan Calabrese
The Role of Artificial Intelligence in Accounting
Accounting is one of the most important, yet daunting and expensive departments in almost all companies.
Accountants oversee all financial operations of a business to help it run smoothly and efficiently. These include preparing and analyzing financial statements (e.g., cash flow, income statement, balance sheet), paying taxes on time, and maintaining the companies’ general ledger (GL). All these tasks require a great deal of human interaction that takes time and money; no matter how careful an employee may be, there is always the chance for human error, which could snowball and lead to devastating financial results in the future.
by Nathan Calabrese
The Importance of Accounts Payable (AP) Automation
The phrase “time is money” has never been more true than it is now.
by Nathan Calabrese
Invoice Management Software Glossary Terms
Invoice Management Software Discussions
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Question on: SAP Concur
Is it now possible to book trains?Yes, you can book trains. From my experience, Via rail in Canada.
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Yes, you are able to book rail tickets.
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Yes. When I request travel it gives me Amtrak trains and airlines on the same screen, unless I exclude the trains.
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Yes, I've used it to book Amtrak before.
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it's still very limited, especially in Europe where rail travel is most common
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Yes. I had never been on a train so I used Concur on a return trip year before last and booked an Amtrak train. I switched from a regular passenger coach cabin train to one where I had my room/car. It was less than a flight still and was definitely an experience. I dined at the dining car which was great and something that is apparently going away.
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Yes, you can to book trains. The offer in Europe is insufficient.
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Yes You can, as long as the link for the Amtrak is available in SAP Concur. You can go to the app and manage your trips. Otherwise, I sometimes book the train manually from the website and add the trip infomation manually to the SAP concur.
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Question on: Stampli
Is Billy going to evolve over time? Right now I am splitting G/L codes for almost every invoice.If Billy were to evolve, he would be able to read the base price on invoices then the tax or shipping fees and assign those G/L codes as well. Also, I noticed that if an invoice has a (-) or letters in the middle of the number, Billy won't pick up the invoice number correctly. That would be great if those things were to be worked out.
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Answered: Vaibhav Pradhan on October 18, 2022
Hi Kari,
Thanks for the question. We have something called "table templates" for multi-line items, including the ability to have multiple GL codes which may help you address your tax and shipping fee coding. Our Customer Success Manager will reach out to you with more details.
Have a great day!
Jeanney
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That would be great! I look forward to working with them.
Thanks
Kari
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Have you gotten your bitcoins stolen from your wallet or invested in an ICO that turned out to be a scam, you are not alone because this happened to me too. I initially lost $604000 in just three months from Cryptoallday and a couple of others. I contacted the authorities and they referred me to Scams Rescue who helped me recover all my funds within 2 days. I'm speaking up to improve awareness of these cryptocurrency thieves and help as much as i can to reduce victims to the bearest minimum. If you have been a victim, Simply contact kelvinbrown7532@gmail.com
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Question on: OpenEnvoy
What is OpenEnvoy used for?What is OpenEnvoy used for?
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OpenEnvoy primarily functions as a technology for automating the Accounts Payables process, and in some specific cases, Accounts Receivable. It intercepts invoices and their corresponding supporting evidence from various sources such as email, shared drives, databases, and EDI. The data is then digitized, structured, and deduplicated. Several checks are performed during this process, including deduplication at the line item level, fraud detection, and classification of every field. A natural language processing step is also included to translate and structure complex descriptive text.
Once the data processing step, known as "Extraction," is complete (usually within 1 second), the system conducts a full financial audit, also referred to as reconciliation or n-way match. This involves comparing every element of the invoice with downstream delivery information (such as warehouse receipts, bill of lading, and customs information) and upstream contractual documentation (such as contracts, quotes, and purchase orders). The purpose is to ensure that, in the case of a manufacturer, the customer received the exact product, quantity, and agreed-upon price in real-time. This comprehensive audit of the spend typically takes around 3 seconds, which is significantly faster and cheaper than traditional methods used by major auditing firms.
Once the matching process is complete, various actions such as accruals, "OK to Pay" approvals, and credit memos are synchronized with the ERP/payment platform. The entire process is designed to be 100% touchless, except in cases where an approval is required for compliance purposes or when fraud/over-billing is detected during the matching process. Unlike other solutions on the market, there are no manual correction interfaces, templates, or vendor onboarding as it’s 100% accurate (SLA'd) without any upfront training. On average, OpenEnvoy pays for itself within a couple of months. Also, it used to be quite difficult to implement, but that’s no longer the case as the time to initial value is one week.
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Invoice Management Software Reports
Mid-Market Grid® Report for Invoice Management
Winter 2026
G2 Report: Grid® Report
Grid® Report for Invoice Management
Winter 2026
G2 Report: Grid® Report
Enterprise Grid® Report for Invoice Management
Winter 2026
G2 Report: Grid® Report
Momentum Grid® Report for Invoice Management
Winter 2026
G2 Report: Momentum Grid® Report
Small-Business Grid® Report for Invoice Management
Winter 2026
G2 Report: Grid® Report
Enterprise Grid® Report for Invoice Management
Fall 2025
G2 Report: Grid® Report
Small-Business Grid® Report for Invoice Management
Fall 2025
G2 Report: Grid® Report
Mid-Market Grid® Report for Invoice Management
Fall 2025
G2 Report: Grid® Report
Grid® Report for Invoice Management
Fall 2025
G2 Report: Grid® Report
Momentum Grid® Report for Invoice Management
Fall 2025
G2 Report: Momentum Grid® Report






