Fact Sheet

Invoicing Life Cycle

The comprehensive invoicing capability of the Financial Information Tracking System (FITS) provides a fast, paperless and rules-based process delivering automation of the invoice entry, reconciliation, approval and payments lifecycle within the FITS platform. Reducing the error-prone reliance on manual processing and creating a customized audit trail for compliance and reporting purposes, FITS provides end-to-end management and oversight of the invoicing and payments workflows.

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