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Glossary of Terms

Know your AP from your P2P,
and your ERP from GRNI.

A B C D E F G H I J K L M
N O P Q R S T U V W X Y Z

A

Autonomous Accounts Payable
Aging Report
Accounts Payable Reconciliation
Automated Payment Processes
Automated Clearing House (ACH)
Advance Ship Notice (ASN)
Artificial Intelligence (AI)
Autocoding
Audit Trail
Accounts Payable Automation
Accounts Payable
Accounts Receivable (AR)

B

Batch Payment Processing
Bill of Lading

C

Cost-Per Invoice
Cross-Border Payments
Compliant Archive
Contract Management
Contract Compliance
Cloud Based Software
Cash Flow Management

D

Digital Twins in Procurement
Duplicate Invoices
Days Payable Outstanding
Data Security
DevOps
Delivery Charges
Document Management

E

E-Tendering
Electronic Funds Transfer (EFT)
Environmental Surcharges
Electronic Data Interchange (EDI)
Enterprise Content Management (ECM)
Exception Handling
Early Payment Discount (EPD)
ERP
eSourcing
eProcurement
eInvoicing
eBilling

G

GRNI

I

Intelligent Payments
Invoice Validation
Invoice Scanning
Invoice Processing Analytics
Invoice Processing
Invoice Matching
Invoice Fraud
Invoice Capture
Invoice Automation
Invoice Approval

M

Multi-Currency Payment Processing
Multi-Currency Payment Processing
Machine Learning (ML)
Minimum Order Quantity (MOQ)

N

Natural Language Interface

O

On-Premise
Optical Character Recognition (OCR)

P

Peppol
PCI Compliance
Payment Optimization
Payment Transaction Costs
Payment File
Pro-Forma Invoice
Procurement Lifecycle
Procure-to-Pay Automation
Purchase Requisition
Purchase Request
P2P Analytics
Procurement Risks
Procurement Card
PO and Non-PO Invoices
Purchase Order (PO)

Q

Query Management

R

Remittance Advice
Request for Information (RFI)
Robotic Process Automation (RPA)
Recurring Invoices

S

Smart Routing
Supplier Portal
Smart Matching
Spend Visibility
Supplier Lifecycle Management
Surcharges
Supplier Information Management (SIM)
SaaS Accounting Software
Supplier Management
Strategic Sourcing
Spend Management
Straight Through Processing
Source-to-Pay
Spend Analysis
Supply Chain

T

Tail Spend Management
Touchless Processing
3 (Three) Way Matching

V

Virtual Credit Card
Vendor Management
Vendor Portal

W

Wire Transfer
Working Capital Management

X

XRechnung

Z

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