eInvoice

The first step in creating a paperless and automated AP function is to deploy an Invoice Scan & Capture service that converts paper invoices into electronic transactions. In parallel to this, getting suppliers to submit invoices electronically will remove the paper at source.

Documetric partners with a number of tax compliant, electronic document exchange organisations. No two suppliers provide the same eInvoice service across all industry sectors. Our knowledge of the market and the partnerships we have in place, allow us to recommend the 'best fit' solution to our customers.

Our eInvoice partners provide organisations with the ability to communicate with its suppliers electronically across the full set of purchase to pay documents:

  • Full P2P Coverage - Support for all P2P documents, including: Purchase Orders, Acknowledgements, Invoices and Remittances
  • Compliance - Fully compliant in all countries that allows eInvoicing
  • Supplier Portal - allowing supplier to log on, view purchase order, submit invoice (or PO Flip
    into invoice), view status of invoice and raise queries
  • Format Independent - supplier can submit invoice in any format – the document is automatically converted into the format the customer requires
  • Embedded validation and matching - validation and compliance rules embedded into solution. Where PO / receipt available, Invoice can be automatically matched to appropriate PO / receipt

Documetric's eInvoice service provides a number of benefits:

  • 100% eInvoices on day one when deployed with Documetric’s paper invoice capture service
  • reduces costs: data entry, invoice storage and document imaging
  • creates a paperless AP department
  • removes keying errors
  • facilitates an on-line archive providing fast and efficient search and retrieval functionality
  • facilitates an on-line and automated process for managing the invoices through to completion
    (code / approve / match)

If you receive more than 200 invoices per week, Documetric can help you reduce the cost of invoice processing while increasing the controls, compliance and visibility of commitment.