Finance, Accounting, Administration & Auditors

Finance

iQ AP Invoice Automation Lowers Processing Costs

Automated invoice workflows that lower processing costs and enable prompt payment discounts immediately increase the bottom line of the corporation.  This makes for better quarterly and annual reports to shareholders and other stakeholders.  iQ allows financial managers to favorably compare their own administrative costs to their peers which translates to higher dividends and stock value.

iQ Real-Time Cost Reporting Eliminates Surprises

Point of Sale transaction records eliminate the need for vendors to submit invoices before Finanical Managers know the true project costs.  Waiting for invoices and the time it takes to process them ofen means the accounting systems are  30-60 days behind real time.

iQ Helps You to Make Data-Driven Decisions

Relevant real-time project data allows management teams to pivot and/or make data driven decisions based on what is actually happening in the projects.  Project cost overruns that come as a surprise to management will not occur in corporations using iQommerce.

Benefits

Real-time data collection
Integrates directly with any accounting system
Eliminate invoice errors
Invoice data pushed into accounting system at point-of-sale
Real-Time Data Entry
Built-in Permissions & Access

Features

Real-time data collection
Integrates directly with any accounting system
Eliminate invoice errors
Invoice data pushed into accounting system at point-of-sale
Real-Time Data Entry
Built-in Permissions & Access

Accounting

iQ Automated Workflows Save You Time And Money

iQommerce's proprietary automated workflow simplifies the entire AP process while providing permission-based access to all stakeholders in your organization. By utilizing this workflow strategy, the majority of the invoice processing is handled through the collaboration of your project and operations teams and their vendors. Only fully approved transactions reach the accounting team in a digital format that can be easily imported into accounting and ERP systems.

iQ Helps You Manage Deadlines More Effectively

Cost accruals are generated at the point of sale and do not have to be obtained from operations personnel or manual field reports.  Generate project reports on demand that detail accruals, invoices, and total project costs in real time.

iQ Increase Invoice Accuracy to Make Your Job Easier

Empowering the operations group to create smart projects and smart vendor contracts leads to invoices reaching the accounting group properly coded and virtually error-free.

Data Organized on One Platform
Documents Stored Digitally
Connect Directly with Clients
Manage a Remote Workforce
Real-Time Data Entry
Built-in Permissions & Access

Administration

iQ Allows Administrators to Actively Collaborate with Operations and Project Teams

Smart Projects rely on the financial aspects of projects being carefully set up by administrators.  Further, administrators can analyze and respond to vendor invoice queries within seconds, can identify invoice bottlenecks, and be involved in the invoice approval process which can greatly impact job satisfaction and relevance.

iQ's Automated AP Workflow Levels Administrative Workload and Eliminates Backlogs

Automated invoice processes keep the invoice cycle moving and eliminates backlogs that can become overwhelming to deal with.

iQ Eliminates Redundant Data Entry

iQ's makes it possible for every piece of data required by all parties to a transaction be captured at the point of sale.  No person on either side of the transaction should ever be required to manually enter that data again.  This leads to a dramatic increase in invoice accuracy and accountability.

Keep Track of Time, Materials, Equipment, Services and Expenses
Mobile Optimized for Ease-of-Use
Field Documents Stored Real-Time in the Cloud
Immediately Have Work Approved by Supervisors
Project Mapping View
Pre-Populated Fields Based on Your Company's Unique Process

Auditors

iQ Captures Critical Transaction Details for Auditors

Every transaction within iQommerce contains a full history of who created a document, who approved a document, and who might have edited a document.  Recorded information includes the user name, date, time, IP address, as well as both the original and revised data of edited fields and documents.

iQ's Cloud-Based Platform Provides a Centralized Repository for Transaction Information

iQommerce allows Auditors to work from their own offices rather than having to provide them with office space and stacks of paper financial documents.  If required, anyone can create hard copies of exactly what they need at any time they need it.

iQ Allows Auditors Permission-Based Access to All Transactions

Allow Auditors "view only" permission to conduct ongoing audits on a regular basis.  Eliminate costly audits under the duress of short reporting deadlines.

Integrates with any Accounting System
Create and Analyze Customizable Reports
Determine in Greater Detail Which Areas of the Business are Financially Sound
Save Hours of Time Doing Tedious Entries
Analyze Data in Any Way You Like
Auditable Transaction Trail

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