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MW Invoice Workflow
for Microsoft Dynamics AX
Workflow definition
In the workflow setup you define how the invoice flows through the company. The workflow could also conclude with the approval of the financial responsible. However, if his/her approval only applies to invoices under/over a certain amount, it can be handled by setting up limits for invoice amounts for approval. A workflow can contain from one to an unlimited number of tasks. A task on the workflow can be set up to be either a mastering task, an approval task or a review task. For each task the responsible is either a specific person, a group of persons or a dynamic person. Dynamic means that the responsible person will be based on information input elsewhere. The responsible person is, when set to dynamic, inserted when importing an invoice file, and can be either your ref from the invoice, the approver on the purchase order, the vendor, or the employee on the financial dimension.
Invoice approval
When vendor invoices have been scanned using an invoice scanning program (for example ReadSoft), there will be a file with the scanned information and an image file available for each invoice. The file is imported into an invoice register journal in Microsoft Dynamics AX after which the invoices are ready for mastering/review/approval. Through the flexible mapping system it is possible to integrate almost any scanning service provider/eInvoice operator, without any additional programming. If an invoice matches the purchase order within a setup amount/ percentage it can be approved and posted automatically. Cost invoices or purchase order invoices that do not match with the purchase order will go through the MW Invoice Workflow module. MW Invoice Workflow is a sophisticated module with all desirable functionalities concerning posting, approval, substitution, redirections, filters, traceability, procuration etc. It is possible to approve invoices both in Microsoft Dynamics AX and on the Web. See list of functions in the end of this document.
Multi company
Groups of companies with shared services can use the features in the multi company functionality of MW Invoice Workflow. All invoices for the group are imported into a shared table and can be routed to the specific company, where the workflow of that company will decide the approval hierarchy. This can be done either automatically or after a mastering task in the shared service division. All functionality of MW Invoice Workflow is available regardless of running as a single company or as multi company.
In short...
This system provides your company with a framework for approving invoices. The paper invoice is completely gone (or filed immediately after scanning) and you can view the entire approval history of each individual invoice in one single form. This includes e.g. how large amounts have been approved by whom, whether the invoice has been forwarded to other employees and where in the workflow the invoice is at the moment.
List of functions
Approval functionality
Automatic posting of matching purchase order invoices Purchase order matching on header or line level Automatic approval/posting of trusted cost invoices Automatic check-in/-out of invoices Handling of credit notes, on hold and rejections Mastering, review and approval tasks Rights defined on workflow task Managing procuration for approval groups Managing approval per combination of dimensions Procuration per dimension Procuration per invoice type Vendor or dimension search for approver Attaching e-mails or documents to invoice Sequential or parallel approvals Approvals for users or user groups Manual redirection Conditional redirection (lack of procuration) Unconditional redirection For information Automatic change of dates to open periods Substitution setup Different substitute types
Posting functionality
Posting on purchase order or cost accounts Posting on projects, assets or InterCompany accounts Posting on vendor, customer or bank Posting on dimensions Accruals on invoices Split of invoice according to allocation rule on account Split of invoice according to scanned invoice lines Reuse of saved posting combinations Handling of posting amounts incl./excl. tax Periodic posting of invoices Based on invoice register/approval journal Invoice pool conversion Automatic import/posting of invoices Manual registration without OCR
Setup
Full integration to Microsoft Dynamics AX Integration to e-mail Flexible and easy workflow setup Multi company functionality Integration to ReadSoft Integration to other scanning software (XML, TXT, CSV) Flexible mapping system for XML, TXT and CSV files EDI integration Automatic creation of non existing vendors Easy create setup buttons Intelligent e-mail templates One click activation of module Offset account groups
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