Comply with your organization's financial requirements while enjoying greater cost control, unparalleled spend insights, thoughtful financial forecasting, and better sourcing decisions.
Three ways to integrate with accounts payable (AP) systems.
Brightflag routes approved vendor invoices directly to AP, enabling a seamless posting and payment process. This can be done by email message, secure FTP, or API. Multiple AP routes can be configured, e.g., if an entity or geography has its own AP system instance or integration requirements.
Allocations can be set for individual matters and even individual invoices, based on entity, department, cost center, and GL code, as well as custom allocation attributes. Brightflag prevents invoices from being approved if allocations are not set or do not add up to 100%.
Automatically collect and approve spend accruals.
No more dreaded spreadsheets, nagging vendors, or unpleasant surprises. Vendors assigned to open matters are automatically notified—and reminded—to submit accruals. When submitted, accruals are routed to the legal team for approval or adjustment before being shared with finance.
Enforce purchase order processes—or move beyond them.
Brightflag can be configured to require a valid purchase order number on all submitted invoices. Alternatively, many customers’ finance and legal teams find that Brightflag’s budgeting capabilities allow them to stop using purchase orders for legal spend without compromising financial controls.
No more approved invoices rejected by finance.
Brightflag ensures that approved invoices aren’t rejected by finance at a later stage by validating that correct global tax amounts have been added to invoices (and are reflected in the vendor-supplied PDF invoices), and by requiring that invoices be submitted only in allowed currencies for each entity.
Brightflag provides us with the ability to say, "Here's traceability and transparency of the invoice payment cycle, end-to-end."