ANNOUNCEMENT: Invapay introduces CardReconcile Procurement Card

Invapay

Invapay has announced the launch of CardReconcile Procurement Card.

Invapay has announced the launch of CardReconcile Procurement Card, a cloud based card reconciliation, management Information and reporting solution, offered in partnership with SunGuard Public Sector, the leading provider of software and services for local governments, public safety and justice agencies and nonprofits.

The solution allows users to simply reconcile card transaction statements, enable tax compliance and cost distribution at line level.

 Benefits

  • Plug and Play cloud solution for internet enabled and mobile devices- no investment in Hardware/Software.
  • Integration with your ERP and SunGard Public Sector ONESolution Finance System.
  • Compatible with issuing bank statements 
  • All transactions archived current year +6 on the Invapay Platform.

Features

  • Align data with your ERP and SunGard Public Sector ONESolution Finance

               – Chart of accounts- Authorised accounts per user.

               – Corporate user- Procurement Card Holders and Approvers with their security.

               – Vendor master- Cross reference of merchants to vendors. 

  • Reconciliation of transactions to your accounting data elements.

               – General Ledger account to be expensed.

               – Project/Grant account to be changed

               – Work Order Number

               – Fleet Equipment Number  

Control and Monitor 

 Visibility of transaction status in real-time.

  • Auto match and distribute card transactions to correct users, authorisers and card holders.
  • Auto match vendors from vendors master to card statement.
  • Online, on demand reporting.
  • Daily, weekly and monthly scheduled Tax reporting.
  • Full transaction trail.

 

For more information please contact john.vasili@invapay.com  +44(0) 1992 500 589  

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