Brex reports that efficient invoice processing is crucial for financial health, offering automation to enhance accuracy, save costs, and improve vendor relations.

Often it can take up to 20 days to process, which points to opportunities for improvement. And too often, Preston said, ERP systems are not integrated with invoice-processing software.

Here's how to create an invoice in QuickBooks Desktop and QuickBooks Online, plus some helpful tips and tricks.

The process involves methodically comparing invoices against purchase orders and receiving documentation, identifying discrepancies, resolving issues, and maintaining accurate records.

What is invoice reconciliation? Invoice reconciliation is the process of comparing invoices with their corresponding supporting documents to verify accuracy and completeness.

What is invoice reconciliation? Invoice reconciliation is the process of comparing invoices with their corresponding supporting documents to verify accuracy and completeness.