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Invoice Processing
Invoice processing : involves the handling of incoming invoices from arrival to payment. Invoices have many variations and types. In general, invoices are grouped into two types: # Invoices associated with a company's internal request or purchase order (PO-based invoices) and # Invoices that do not have an associated request (non-PO invoices). Most organizations have clear instructions regarding the way that they should process incoming invoices. It is common to have one approach for PO-based invoices, and another for non-PO invoices. Some companies also have unique requirements based on the type or dollar amount of a transaction. In general, both types of invoices are processed by a company's accounts payable department. The process in which a supplier invoice is validated and paid is also known as the purchase-to-pay cycle. Typical process or manual invoice processing The process usually begins when a supplier's invoice is received. Invoices can be sent via email, postal m ...
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UML Class Diagram Invoice
The Unified Modeling Language (UML) is a general-purpose visual modeling language that is intended to provide a standard way to visualize the design of a system. UML provides a standard notation for many types of diagrams which can be roughly divided into three main groups: behavior diagrams, interaction diagrams, and structure diagrams. The creation of UML was originally motivated by the desire to standardize the disparate notational systems and approaches to software design. It was developed at Rational Software in 1994–1995, with further development led by them through 1996. In 1997, UML was adopted as a standard by the Object Management Group (OMG) and has been managed by this organization ever since. In 2005, UML was also published by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) as the ISO/IEC 19501 standard. Since then the standard has been periodically revised to cover the latest revision of UML. In ...
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Purchase Order
A purchase order, often abbreviated to PO, is a commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services required. It is used to control the purchasing of products and services from external suppliers. Purchase orders can be an essential part of enterprise resource planning system orders. An indent is a purchase order often placed through an agent ( indent agent) under specified conditions of sale. The issue of a purchase order does not itself form a contract. If no prior contract exists, then it is the acceptance of the order by the seller that forms a contract A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent to transfer of goods, services, money, or promise to transfer any of thos ... between the buyer and seller. Overview Purchase orders allow buyers to clearly and openly comm ...
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Accounts Payable
Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents. An accounts payable department's main responsibility is to process and review transactions between the company and its suppliers and to make sure that all outstanding invoices from their suppliers are approved, processed, and paid. The accounts payable process starts with collecting supply requirements from within the organization and seeking quotes from vendors for the items required. Once the deal is negotiated, purchase orders are prepared and sent. The goods delivered are inspected upon arrival and the invoice received is routed for approvals. Processing an invoice includes recording important data from the invoice and inputting it into the company's financial, or bookkeeping, system. After this is accomplished, the invoices must go through the company's ...
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Purchase-to-pay
Purchase-to-pay, often abbreviated to P2P and also called ''Procure-to-Pay'' and ''req to check/cheque'', refers to the business process A business process, business method, or business function is a collection of related, structured activities or tasks performed by people or equipment in which a specific sequence produces a service or product (that serves a particular business g ...es that cover activities of requesting (requisitioning), purchasing, receiving, paying for and accounting for goods and services. Most organisations have a formal process and specialist staff to control this activity so that spending is not wasteful or fraudulent. Since the dot com bubble more businesses have moved to automated systems in an effort to deliver significant savings in the face of increased procurement costs. References Transaction processing {{Business-stub ...
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Accounts Payable Automation
Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents. An accounts payable department's main responsibility is to process and review transactions between the company and its suppliers and to make sure that all outstanding invoices from their suppliers are approved, processed, and paid. The accounts payable process starts with collecting supply requirements from within the organization and seeking quotes from vendors for the items required. Once the deal is negotiated, purchase orders are prepared and sent. The goods delivered are inspected upon arrival and the invoice received is routed for approvals. Processing an invoice includes recording important data from the invoice and inputting it into the company's financial, or bookkeeping, system. After this is accomplished, the invoices must go through the company's ...
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Enterprise Resource Planning
Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software—typically a suite of integrated applications—that an organization can use to collect, store, manage and interpret data from many business activities. ERP systems can be local-based or cloud-based. Cloud-based applications have grown in recent years due to the increased efficiencies arising from information being readily available from any location with Internet access. ERP differs from integrated business management systems by including planning all resources that are required in the future to meet business objectives. This includes plans for getting suitable staff and manufacturing capabilities for future needs. ERP provides an integrated and continuously updated view of the core business processes using common databases maintained by a database manag ...
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Resilience (network)
High availability (HA) is a characteristic of a system that aims to ensure an agreed level of operational performance, usually uptime, for a higher than normal period. There is now more dependence on these systems as a result of modernization. For example, to carry out their regular daily tasks, hospitals and data centers need their systems to be highly available. Availability refers to the ability of the user to access a service or system, whether to submit new work, update or modify existing work, or retrieve the results of previous work. If a user cannot access the system, it is considered ''unavailable from the user's perspective''. The term ''downtime'' is generally used to refer to describe periods when a system is unavailable. Resilience High availability is a property of network resilience, the ability to "provide and maintain an acceptable level of service in the face of faults and challenges to normal operation." Threats and challenges for services can range from sim ...
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SAP AG
Sap is a fluid transported in the xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant. Sap is distinct from latex, resin, or cell sap; it is a separate substance, separately produced, and with different components and functions. Honeydew (secretion), Insect honeydew is called sap, particularly when it falls from trees, but is only the remains of eaten sap and other plant parts. Types of sap Saps may be broadly divided into two types: xylem sap and phloem sap. Xylem sap Xylem sap (pronounced ) consists primarily of a watery solution of plant hormone, hormones, dietary mineral, mineral elements and other nutrients. Transport of sap in xylem is characterized by movement from the roots toward the leaf, leaves. Over the past century, there has been some controversy regarding the mechanism of xylem sap transport; today, most plant scientists agree that the cohesion-tension theory be ...
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Microsoft
Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The early 1980s and home computers, rise of personal computers through software like Windows, and the company has since expanded to Internet services, cloud computing, video gaming and other fields. Microsoft is the List of the largest software companies, largest software maker, one of the Trillion-dollar company, most valuable public U.S. companies, and one of the List of most valuable brands, most valuable brands globally. Microsoft was founded by Bill Gates and Paul Allen to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Windows. During the 41 years from 1980 to 2021 Microsoft released 9 versions of MS-DOS with a median frequen ...
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Oracle Database
Oracle Database (commonly referred to as Oracle DBMS, Oracle Autonomous Database, or simply as Oracle) is a proprietary multi-model database management system produced and marketed by Oracle Corporation. It is a database commonly used for running online transaction processing (OLTP), data warehousing (DW) and mixed (OLTP & DW) database workloads. Oracle Database is available by several service providers on-premises, on-cloud, or as a hybrid cloud installation. It may be run on third party servers as well as on Oracle hardware ( Exadata on-premises, on Oracle Cloud or at Cloud at Customer). Oracle Database uses SQL for database updating and retrieval. History Larry Ellison and his two friends and former co-workers, Bob Miner and Ed Oates, started a consultancy called Software Development Laboratories (SDL) in 1977, later Oracle Corporation. SDL developed the original version of the Oracle software. The name ''Oracle'' comes from the code-name of a CIA-funded proj ...
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Lisbon
Lisbon ( ; ) is the capital and largest city of Portugal, with an estimated population of 567,131, as of 2023, within its administrative limits and 3,028,000 within the Lisbon Metropolitan Area, metropolis, as of 2025. Lisbon is mainland Europe's westernmost capital city (second overall after Reykjavík, Reykjavik), and the only one along the Atlantic coast, the others (Reykjavik and Dublin) being on islands. The city lies in the western portion of the Iberian Peninsula, on the northern shore of the River Tagus. The western portion of its metro area, the Portuguese Riviera, hosts the westernmost point of Continental Europe, culminating at Cabo da Roca. Lisbon is one of the List of oldest continuously inhabited cities, oldest cities in the world and the second-oldest European capital city (after Athens), predating other modern European capitals by centuries. Settled by pre-Celtic tribes and later founded and civilized by the Phoenicians, Julius Caesar made it a municipium ...
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Military Academy (Portugal)
The Military Academy (AM; ''Academia Militar'' in Portuguese Language, Portuguese) is a Portugal, Portuguese military establishment, which has the ability to confer educational qualifications equivalent to a university. It develops activities of teaching, research and support for the communities with the purpose of training and forming officers for the Portuguese Army and the Portuguese Republican National Guard, Republican National Guard. History The Military Academy has this designation since 1959, but the first such establishment occurred in 1640 when the Military Higher Education was created. Campus Currently, the Portuguese Military Academy is located in two different barracks, a main one in Lisbon's Bemposta Palace and a detachment in Amadora. Academics Army graduation programs * Master's degree, Master in military sciences, Cavalry (5 years) * Master in military sciences, Infantry (5 years) * Master in military sciences, Artillery (5 years) * Master in military sciences, ...
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