Manage your invoices and automate your accounting entries on the supplier side.
lucas-fontaine
•
Jul 8, 2024
Features of the new "Purchases" module
We have worked tirelessly to enable you to manage your supplier invoices on Qotid in addition to your sales and receipt invoices.
At Qotid, we know that managing a large volume of invoices manually can quickly become time-consuming and prone to errors.
Our "Purchases" module allows you to reduce the processing cost of an invoice by 80%.
More specifically, you can now:
- Retrieve and centralize your purchase invoices via OCR reading,
- Create your accounting guide and your supplier list,
- Categorize your expenses,
- Automate your accounting entries on the supplier side,
- Create approval workflows for entries and processing of supplier invoices,
- Track your unpaid invoices.

Qotid Application and New Product
You can also centralize, store and archive your invoices digitally. Duplicates are automatically detected by the application.
In addition, we ensure that your accounting is standardized and that accounting entry by memorization is automated.
These new features in the supplier area complement our sales and receipt module to give rise to our new product “Qotid Pre-accounting for clients & suppliers”
In summary:
The new "Purchases" module of Qotid allows for the management of supplier invoices, thus reducing the processing cost by 80%. Features include: retrieval and centralization of invoices via OCR reading, creation of an accounting guide and a supplier list, categorization of expenses, automation of accounting entries, creation of approval workflows and tracking of unpaid invoices. The Qotid application centralizes, stores, and archives invoices digitally, while detecting duplicates and automating accounting entry. These new features complement the sales and receipt module, thereby creating "Qotid Pre-accounting for clients & suppliers".
F.A.Q :
What is the new "Purchases" module of Qotid?
The new "Purchases" module of Qotid allows users to manage their supplier invoices in addition to sales and receipt invoices, thus reducing the processing cost by 80%.
What are the features of the "Purchases" module?
The features of the "Purchases" module include: retrieving and centralizing purchase invoices via OCR reading, creating an accounting guide and a supplier list, categorizing expenses, automating accounting entries, creating approval workflows for entries and processing supplier invoices, and tracking unpaid invoices.
How does the Qotid application handle invoices digitally?
The Qotid application allows you to centralize, store, and archive invoices digitally. Duplicates are automatically detected by the application, and accounting entry by memorization is automated to ensure standardization of accounting.