E-invoicing Software and Services for Businesses of All Sizes
Electronic Invoicing (E-invoicing) automates the distribution of sales invoices and the collection of purchases invoices in structured XML/EDI electronic format.
By using E-Invoicing, companies can speed up their invoicing and payment processes significantly. Electronic Invoicing enables a company to automate invoice processing. As a result, both buyers and suppliers gain operational and strategic benefits.
The potential cost and efficiency benefits to this often overlooked financial process are substantial. Replacing manual tasks with electronic and automated processes reduces the cost of invoices, speeds up processing time and boosts financial visibility for the overall state of the business. Visibility and automation also lead to a large reduction in errors.
Essony’s view into e-invoicing is that it enables straight-through-processing or business process automation. Distribution of sales invoices and collection of purchase invoices can be electronic without capability for process automation. It is possible to carry invoice pictures and images through electronic channels, but data in this form does not support automated processing. This fact emphasize the importance that invoice data shall be in some structured format. It is the key for actual business process automation.
Companies across the world are under pressure to reduce costs, be more efficient and have more visibility on their businesses.
Overview
Fully optimize the process of invoice data capture and eliminate the need for buyer-based manual data entry by allowing suppliers to submit PDF invoices to Essony.
Essony’s e-invoice management software relieves AP staff from manual work and data entry, accelerates approvals, improves efficiency and reduces operating costs along the way. From the CFO to the smallest suppliers, invoicing, coding, approving and paying is easy for everyone. With Essony, suppliers can't even hit "send" til their invoices are up to your standards. No more endless phone calls, manual data entry, chasing approvals or complicated training. Sound too good to be true? It isn’t.
Use a network solution where your invoices are automatically converted into a format that works for your customer. Using an automated solution gives you better oversight, with added visibility and control over your account receivables. Most importantly, it speeds the process of getting paid faster.
Example for EDI Transaction Exchange:
- Invoice are generated by your ERP and ready to send to your customers.
- Your Essony EDI invoice platform creates and sends electronic copies of the invoices to your customers.
- Your customers import your EDI invoice into their POS or ERP system, no data entry.
Essony E-invoicing Platform Key Features
- Convert PDF Invoice, Order, Delivery Note to XML, EDI, UBL, EDIFACT & Other Formats.
- Integrate automatic processes with your back-end systems quickly and effectively.
- Easy integration: Services are easy to integrate to any invoice processing, billing or ERP system. Conversions of sent and received invoices to any required format allow a quick and cost efficient migration.
- Support for over 20 different electronic document formats.
Benefits
By integrating E-Invoicing into your processes, you’ll be able to:- Remove the need for you to scan or key invoices in to your accounts payable application
- Improve accuracy and reduce the time and cost associated with invoice processing
- Sophisticated rules engine validates invoices based on your preferences
- Get paid faster
- Accelerate invoice approval time