Something as simple as managing the payment of inbound invoices can be mind bogglingly complex and disjointed when encountered with the modern business world, where vendors still send a mixture of paper and digital copies through many different mediums. Further complexity arrives in the form of the multitude of supporting documents that may arrive at various times and get lost in massive chains of email communication. 

How on Earth are we supposed to manage such a decentralized process involving multiple business units and external entities and still maintain a consistent audit trail while spurring productivity and automation? Reporting Dashboards give you the ability to build a single, dynamically filterable screen to display data from multiple systems providing end to end transparency around the entire AP process. 

Although the options are truly unlimited, it will allow for dynamic point and click filtering by exception types making sure money is not getting held up due to easily solvable problems. Through a simple bar graph, track employee workload and easily filter by department or company with checkboxes. Let the system automatically highlight invoices approaching due dates and assure that everything is paid on time. Gain visibility into all invoices, approved and unapproved, and take your process to the next level. 

I recently wrote about how expensive managing even a simple, low-risk procurement contract can be averaging well over $6,900 and 40+ hours and involving several departments. With all of the different approvals and reviews that must be completed internally as well as externally, it would be nice to have a single source of truth for where exactly these contracts are in the process. 

Reporting Dashboards are again a perfect fit for this process as they will provide visibility and drill-down capability into each type of contract, each contract administrator, and each approver. Let Reporting Dashboards automatically filter contracts within 3 months (or any interval) of expiration and ensure that everything is executed on time. 

Verify user contract loads to maintain balance throughout your internal operations while always keeping track of contracts out for external execution. Get quick access to relevant contract documents and applications directly from the Reporting Dashboards interface. Easily prepare for your daily meeting with native export of all underlying data to Excel or share Reporting Dashboards at the click of a button. 

Sometimes it is just as important to evaluate what is MISSING as what is present. Let’s look at the example of a Human Resources employee file. In a traditional paper environment, this process will only be as waterproof as the personnel providing the manual review of each file. If an employee drops off a new copy of a missing document to complete their file there is still a chance that it gets lost in the shuffle or perhaps in those endless strings of emails. 

Reporting Dashboards can immediately identify when a required document is missing and in conjunction with workflow automation can even automatically send out reminders to the employee to turn in the missing document, removing that responsibility from the HR Clerks. Managers of departments can log into the same dashboard and see only employees in their department through dynamic Security Keyword filtering.  

Compliance reports are not constrained to Human Resources, but can also be configured for managing Vendor compliance, Project Portfolios, Dossiers, Backup Billing, and many more use cases. Allow reporting Dashboards to always keep track of what documents are in and which need to be brought in soon.