What is e-Invoicing?

What is e-Invoicing?

“…an electronic invoice should contain data from the supplier in a format that can be entered (integrated) into the buyer’s Account Payable (AP) system without requiring any data input from the buyer’s AP administrator”

E-Invoice submission options

E-Invoice submission options

EDI, invoice portals and application generated PDF's are all complimentary submission methods of a successful e-invoicing service.

Two, Three and Four Corner Models

Two, Three and Four Corner Models

There are three different models of e-document transfer used today.

Why move to e-Invoicing?

Why move to e-Invoicing?

”An organisation can save 1-2% of its turnover by replacing paper invoices with electronic invoices and optimising the related processes” Billentis 2010

Optical Character Recognition (OCR) vs e-Invoicing

Optical Character Recognition (OCR) vs e-Invoicing

OCR is the electronic conversion (through scanning) of invoices without extractable data (either paper or image files) into data that can be integrated directly (as an EDI or XML file) into a buyers Accounts Payable finance system for payment.

PDF Invoicing

PDF Invoicing

Dispelling the Myths surrounding the use of PDF invoicing and compliance.

The rising popularity of PDF e-Invoicing

The rising popularity of PDF e-Invoicing

Technical, cost and process barriers are removed for suppliers when using PDF invoicing, making it a preferred method of document transfer.

The benefits of PDF e-Invoicing

The benefits of PDF e-Invoicing

There are mutual benefits for both suppliers and buyers when using PDF invoicing.

Why CloudTrade?

Why CloudTrade?

CloudTrade is built firmly on the premise that e-invoicing should be easy to use and non-disruptive - only then will suppliers move away from paper.

Want to know more?

Want more information about CloudTrade and the services we offer?

Visit our resources page for news or download useful guides and white papers.

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