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Integrated retrieval _ Invoices can be retrieved from IMS at any stage, the full audit trail and a history of the workflow determines exactly where in the process each invoice is. It is also possible to retrieve invoices directly from their ERP system due to the integration with IMS. The full audit trail is vital as they have to comply with Sarbanes Oxley legislation. The IMS solution is used to assist in this compliance, with the audit trail providing a complete history of the lifecycle of each document.

Extending the solution _ Now that the solution is fully implemented, they are already looking at the next steps. An obvious move is to capture invoices that originate electronically, either as EDI or that are sent by email. Although the data entry problems may not exist with these invoices, they still need to be approved in the same way as paper invoices so the workflow will be of benefit. IMS also includes a Management Information module with full reporting capabilities which is also being investigated.

If you are using a limited company as your payment structure you will need to raise invoices for the services you provide or goods that you sell, this article explains how to prepare one with an example, the best practices you need to know, double taxes case example, proforma invoice example and in the end I will give you tips about how to find a good invoice example online, I will also include a couple of invoice example free download in Microsoft Word and Excel format for you to use.

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