Cimmra eInvoicing and AP Management

Cimmra Clients

Automate and Transform your Invoicing and AP Management Process

With eInvoice submissions on Cimmra, their tracking, approval and settlement becomes quick and simple for concerned stakeholders in the overall process. Here are the different types of invoices that one can create on Cimmra.

01 Delivery Invoices

Created electronically on the Cimmra Supplier Portal against a PO fulfilled by the supplier on Cimmra ePS.

02 Proforma Invoices

Raised online on the Cimmra Supplier Portal against POs issued, for Advances or Down-payments prior to Fulfillment on Cimmra ePS.

03 Debit/Credit Notes, Non-PO Invoices

This provision in Cimmra AP Management allows for raising Invoices for goods and services delivered for which no formal Order has been issued.

To facilitate transactions for any other financial adjustments, the Supplier can also raise Debit and Credit Notes as required.

Features

Integration with any ERP, Finance and Accounts Management Systems

Cimmra eInvoicing and AP Management can integrate seamlessly with your organization's ERP: whether it is a global standard ERP or custom-built for you.

Three-way Matching

Cimmra reduces several risk factors like inaccuracy, overlooked timelines, errors in payment, miscalculated taxes, etc. involving a smart three-way matching process between the GRN, the PO and the Invoice.

Alerts and Reminders

Payments made too early or too late can disrupt the AP Management cycle. The Cimmra eInvoicing and AP Management platform offers intelligent notifications to stakeholders through alerts and reminders on their home-screen and email along with invoice and supporting documents attached for reference. Further, once payments against these invoices are done, update alerts are sent to suppliers.

Approvals Management

DOA can be easily configured and managed in the Cimmra eInvoicing and AP Management platform with approvers having options to Approve, Reject or Send Back for corrections. Deviation approvals are also available for exception handling, along with any attachment uploads as necessary. For approvers, there is also the option of offline approval through email. Workflow logs are maintained in audit trials with timestamp and remarks for action taken.

Query and Activity Log Management

A mechanism is provided at invoice level to raise queries and obtain responses. An Activity log for transactions is also available at invoice level.

Power-packed eInvoicing and
Accounts Payable Management For Your Business!

Time Saving

Cimmra eInvoicing and AP Management significantly cuts turn around time by eliminating manual involvement throughout the invoice processing cycle.

Avoids Duplication

With Cimmra eInvoicing and AP Management, invoices can only be raised once. With this validation, the possibility of duplicate invoices creeping in is completely avoided.

Paperless Documentation

Invoices are created, processed, maintained and stored online, which makes the entire process paperless and uploaded invoices are centrally accessible to the AP Management team.

Multi-Currency Support

The Cimmra eInvocing and AP Management platform is enabled with multi-currency and global invoicing support.

No Late Payment Penalties

Preset alerts and reminders help make accurate and timely payment against invoices, facilitating early payment discounts and avoiding penalties.

Any Time Visibility

Invoices can be tracked online for their entire process life cycle, by the suppliers and all other relevant stakeholders.

Client Review

One of the largest BFSI organizations in APAC Region

Implementation of Cimmra has given us numerous advantages. Besides making the invoicing process paperless through online documentation, working with the Cimmra platform has completely streamlined our processes online. It has brought about an increased level of documentation compliance and thereby increased speed and efficiency in AP management.
These benefits have a considerable positive bearing on an organization like ours. We would definitely recommend the Cimmra AP Management to other BFSI and allied industry organizations for operational advantage.

A diverse Pharma conglomerate with multi-national operations

Being in the global healthcare industry calls for high-precision accuracy and dependability that is compliant with various standards and regulations like the USFDA 21 CFR Part 11, WHO and more. With Cimmra, we have been able to manage so much to a very high degree, as we’re able to completely map our SOPs into the system. We have been able to significantly reduce send-backs of Invoices for correction increasing productivity across the board. Cimmra has appropriate localization for multiple countries to cover currency, taxation and global supplier adoption. The Cimmra platform’s Invoice Park-and-Post and Advance Provisioning help in on-time Settlements optimized as per Credit Periods available. Online near-real-time Status Updates on Invoices to Suppliers and Stakeholders are such a boon. We definitely recommend Cimmra for organizations of any size that wish to automate and streamline their AP process management.

An electricals organization with pan-Asia presence

Implementation of Cimmra in our organization has been driven out of need to shorten turn around time and bring about greater efficiency in the management of our procurement and settlement processes. We have definitely seen a good deal of increased productivity as we went paperless on Cimmra. Not only do we see a speedier process flow but also a lot of automation with alerts and reminders. Our worries of timely settlement of MSME sector are gone and so are the multiple occasions of rework on part of both the company as well as suppliers. We now have precise and accurate invoice documentation that undergo due-diligence online and be settled for in the shortest time. We are happy with Cimmra and won’t hesitate to recommend it as a solution of choice as organizations go digital.