What is Denize?
Denize is a cloud-based accounts payable platform tailored specifically for U.S. construction companies that use QuickBooks Online, Intuit Enterprise Suite, or Procore. This innovative software captures supplier invoices and receipts directly from emails, uploads, and photographs, and performs an effective analysis of invoice lines while providing suggestions for job and cost-code allocations and matching invoices with related purchase orders. Accounts payable teams can review coding alongside the original documents and manage the invoice approval routing process seamlessly. Within the QuickBooks framework, project managers can approve bills through Denize, ensuring that once invoices are approved, they are recorded as bills in QuickBooks along with the corresponding original documents attached. For Procore users, Denize adeptly creates Direct Costs and commitment invoices that incorporate allocations for the Schedule of Values, making it easy for review and submission. Furthermore, the Invoice Check feature cross-verifies vendor-submitted Procore pay applications and bills against attached PDFs, bringing any discrepancies that need to be addressed to light. While Denize streamlines invoice processing and manages approval workflows efficiently, it is essential to note that it does not directly handle payment transactions, which contributes to a more organized accounts payable process. This functionality positions Denize as an indispensable tool for improving financial operations within the construction sector, ultimately helping firms to maintain better oversight and efficiency in their accounts payable activities.