Financial agreement

The solution automatically extracts Financial Agreement references from supplier invoices and validates them against M3 to ensure accurate processing of recurring service and subscription invoices.

When a Financial Agreement reference is detected on an invoice, the system performs these validation steps:

• Extracts the Financial Agreement reference from the invoice document using IDP with GenAI.
• Validates agreement ownership by confirming that the agreement is associated with the correct supplier in M3.
• Validates the agreement status to ensure that the agreement is active and eligible for invoice processing.
• Stores validated agreement information in the Data Lake for traceability.

If the Financial Agreement reference passes the validation checks, the agreement information is automatically populated in the invoice transaction for processing.

If validation fails or the reference cannot be matched, the financial agreement details are disregarded during the invoice creation process.

This capability reduces approval delays and improves processing efficiency for recurring service and subscription invoices.