Instant Invoice reduces the need for manual data entry and paper-based processes, minimising the time and effort required for processing and handling documents.
Manual data entry is prone to errors, such as typos, illegible handwriting, or misplaced information. Instant Invoice eliminates these errors by automating data exchange between your Suppliers and your Beacon Back Office. It ensures data integrity and accuracy, reducing the likelihood of processing errors, rework, and associated costs.
By reducing paper-based processes and manual data entry, Beacon Instant Invoice helps businesses save on the time and labour required to process invoices manually.
Ensuring all Supplier Tax Invoices are entered promptly and accurately will ensure your Stock on Hand levels are accurate
Accurate and timely entry of Supplier Tax Invoices ensure your Average Cost and Last Cost prices are accurate in Beacon. Any items that come through at an increased price will be flagged and listed in Price Book Management for your review to ensure you are able to maintain your desired margins.