Propose Resolution for Invoice Payment Block
When a supplier has a quantity blocking reason at the item level, the cash discount may be at risk. Utilizing the predictive modeling integration, you can predict the goods receipt delay and thus meet the cash discounts.
Key Process Steps Covered
- Train a predictive model for invoice payment block with available data
- Predict the goods receipt date by leveraging the embedded predictive model
- Update the invoicing process with predictions
Benefits
- Leverage out-of-the-box predictive model for resolution of payment block on invoices
- Predict the goods receipt based on the payment block at item levels
- Meet the cash discounts that are available
- Get more reliable invoice handling