Mar 03 - Commitment Billing History
Prevent surprise cost overruns with overbilling warnings and visibility into previous Purchase Order/Subcontract invoices.
Contract Billing History
To make more informed approval decisions when reviewing invoices against POs and Subcontracts, you can now view commitment billing history directly in Agave.
Open the Contract Flyout using the eyeball icon next to the Contract field:
We've introduced a new Contract Billing summary that shows billings thus far, and total amount billed inclusive of the current invoice:
These previous invoices are pulled directly from your accounting system (with the status noted), so you have full financial clarity on the contract.
Overbilling Warnings
Agave will also highlight an overbilling of the current contract amount during review to help prevent cost overruns:
This is also displayed on the Contract Flyout page:
This is available now for Foundation users and will roll out to other accounting systems in coming weeks.