Evaluated Receipt Settlement (ERS), also known as ``Invoice on Receipt`` or ``Pay on Receipt``, is a process whereby company creates a system invoice on behalf of the supplier for receipts booked against PO's or BPA releases.

  • Automate invoicing for suppliers

    Automate invoicing for suppliers on BPA's where multiple releases and shipment lines will be created

  • Automate invoicing for PO's

    Automate invoicing for PO's with multiple PO lines and multiple shipment lines

  • Matching of the PO/BPA

    Matching of the PO/BPA release to the invoice is done automatically, without any manual intervention required by AP

  • Improved on-time payment of invoices

    Improved on-time payment of invoices due to fewer PO/Invoice discrepancies and invoices lost in the mail