PNC's A/P Advantage

Streamline Your Accounts Payable Process

PNC's A/P Advantage uses leading-edge technology to help you reduce manual tasks, cut errors, improve control, increase the satisfaction of accounts payable staff and improve supplier relationships.  

 

How It Works

From procurement to payment


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Invoice Automation: Think About It


PNC's A/P Advantage

Is your organization overwhelmed with paper? Struggling with manual processes and data entry? Finding that invoices are harder than ever to track down? Are you missing out on supplier discounts? PNC's A/P Advantage uses leading-edge technology to resolve these issues and more.

With A/P Advantage, you can streamline your A/P process from procurement to payment using a highly-configurable workflow tool that allows you to review, adjust and approve invoices. PNC’s image capture service receives and scans paper invoices, helping you to reduce the inefficiencies of paper-based processes. PNC can also receive electronic invoices on your behalf. You can:

  • Eliminate the need for paper processing and manual data entry with centralized invoice receipt.
  • Review and approve invoices from a smart phone, tablet or laptop.
  • Integrate your ERP or accounting system easily with our Saas (Software as a Service) application.
  • Improve cash forecasting and payment liabilities and maintain a comprehensive audit trail with detailed invoice status visibility.

Companies that receive a large number of invoices can also enroll in PNC'S E-Invoice solution. Our global E-Invoicing Network connects you to your suppliers around the world and helps you reduce paper while helping you to increase efficiency, data quality, accuracy and visibility.

What Sets PNC Apart?  

Eliminate paper and reduce data entry expenses: With centralized invoice receipt, PNC can accept any type of invoice (paper, email or fax). Your invoice images will be data captured and loaded into PNC’s A/P Advantage system.

Configure workflow to your needs: No two companies are the same. A/P Advantage can make the transition to an automated platform as seamless as possible. Our application enables two- and three-way purchase order matching, automated general ledger coding, development of company-specific workflows and the creation of users and roles.

Track invoices by data element: A/P Advantage offers a suite of customizable reports that allow invoices to be tracked by many data elements such as status, due date and vendor. Reports can be filtered, allowing you to drill down into the details of specific invoices. These reports can exported for further analysis into spreadsheets.

Work with a dedicated team of specialists: PNC has a team of dedicated Automation Consultants who use their A/P and treasury knowledge to help you determine the right solution for you. This collaborative approach helps you maximize efficiency while meeting your company’s specific business needs. An A/P Advantage consultant will be there every step of the way to identify the scope, confirm and execute the solution with you. He/she will oversee the entire implementation process while our A/P Account Manager will provide post-implementation support.

What Our Clients are Saying

“The new system is incredibly helpful. I can find an invoice no matter where it is. I can run a simple report and make a call if necessary to get invoices approved and entered. We have not added to our staff, but we are processing at least twice as many invoices as before.”

- Administrator for a fast-growing company in the energy sector

“We are processing more invoices on a regular basis and have been able to absorb invoices from four other locations as we continue to grow.”

- Accounting Manager for the Americas, EJ, a world leader in the design, manufacture and distribution of manhole covers and gratings

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Important Legal Disclosures and Information

  1. New product development is subject to change.

PNC is a registered mark of The PNC Financial Services Group, Inc.(“PNC”)

Bank deposit, treasury management and lending products and services, and investment and wealth management, and fiduciary services are provided by PNC Bank, National Association, a wholly-owned subsidiary of PNC and Member FDIC.