Fidesic

Accounting Features

Fidesic’s Accounting Features streamline core financial functions like invoice matching, GL coding, and automatic entry into accounting systems. The platform integrates with ERP solutions to maintain accurate financial records, reduce manual entry, and ensure compliance. These tools improve financial visibility, accelerate month-end close, and support efficient, scalable accounts payable processes.

Approval Workflow

Approval Workflow in Fidesic automates invoice routing based on custom business rules, such as department, amount, or location. It notifies approvers, tracks actions, and ensures timely decisions. This structured approach eliminates delays, enforces internal policies, and provides clear visibility into where each invoice stands in the approval chain.

Audit Trail

Audit Trail in Fidesic provides a chronological record of every action taken on invoices, approvals, payments, and user access. It enhances accountability by recording timestamps, user identities, and changes made within the system. This feature is critical for internal control, regulatory compliance, and simplifying audit processes with complete transactional transparency.

Dashboard

The Dashboard in Fidesic offers a centralized, real-time overview of key AP activities such as pending invoices, approval statuses, and cash flow insights. It presents visual data through customizable widgets and charts. This feature empowers finance teams to monitor performance metrics, identify bottlenecks, and make data-driven decisions quickly and efficiently.

Data Security

Fidesic prioritizes Data Security through encryption, role-based access control, and secure cloud infrastructure. It safeguards sensitive financial data from unauthorized access and complies with industry regulations such as SOC 2 and GDPR. This feature ensures that confidential AP information is protected across all workflows and user interactions.

Multi-Currency

Multi-Currency support in Fidesic allows users to process and manage invoices and payments in various global currencies. The system automatically applies current exchange rates and aligns with accounting standards. This feature is essential for businesses with international vendors, ensuring accurate financial reporting and simplifying cross-border accounts payable management.

Multi-Location

Multi-Location functionality in Fidesic enables organizations to manage AP workflows across various physical offices, departments, or business units. Users can customize approval hierarchies, payment settings, and reporting by location. This feature ensures scalability, maintains financial control, and supports centralized visibility across distributed operational environments.

Payment Processing

Payment Processing in Fidesic automates the disbursement of approved invoices through electronic payment methods such as ACH and virtual cards. It ensures secure, timely, and accurate vendor payments while reducing manual errors. This feature increases efficiency, improves vendor satisfaction, and provides full visibility into payment status and history.

Reporting (Analytics)

Fidesic’s Reporting (Analytics) feature delivers actionable insights through customizable reports and real-time dashboards. It helps track invoice cycles, approval times, and spending trends. With built-in analytics, finance teams can evaluate performance, ensure compliance, and uncover opportunities for process optimization in their accounts payable operations.

Vendor Management

Vendor Management in Fidesic centralizes supplier information, including contact details, tax documents, and banking information. It ensures accuracy during onboarding and supports efficient communication and payment processing. This feature improves vendor relationships, reduces payment delays, and ensures compliance with internal procurement and finance policies.

Web Access

Web Access in Fidesic allows users to manage invoices, approvals, and reports from any internet-connected device through a secure cloud platform. It supports remote work, enabling distributed teams to collaborate in real time. This feature ensures uninterrupted access to AP operations, regardless of location or device.