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IFS/Invoicing™ enables you to seamlessly generate customer invoices and enter supplier invoices from IFS/Customer Orders and IFS/Purchasing, respectively. The highly automated and integrated processes provided by IFS/Invoicing ensure fast and accurate handling of invoices. Statistical tools for detailed follow-up and analysis, combined with advanced credit management tools, provide the framework necessary for the efficient operation of any financial department.
All invoice types for payables and receivables are easily handled, and both manual and automatic invoices can be created. Advance invoices, collective invoices and credit invoices are included.
IFS/Invoicing has extensive capabilities for invoice matching against purchase orders and continuous monitoring of customer credit limits and accurate credit management. The component is integrated with IFS/Accounts Receivable and IFS/Accounts Payable, both part of IFS Financials.
"Invoicing" is part of the IFS Applications line of products, developed by IFS North America.