How to fully automate your e-Invoicing process: From Accounts Payable to Accounts Receivable
The management of invoices implies repetitive time-consuming tasks, use up a considerable volume of resources and are not strategic business processes.
Digitalization is changing these processes through the implementation of new and more efficient management systems and electronic workflows. The standardization of processes and control measures offered by EDICOM’s B2B/B2G platform ensure secure communication while simultaneously garanteeing legal compliance in more than 80 countries.
- Global e-Invoicing & TAx Compliance: Implement a single solution to comply with local requirements in the countries where your company operates. Ensure compliance by integrating a solution with your management system to send and receive electronic invoices and other documents related to electronic tax reporting (Peppol, SAF-T, MTD, etc.)
- Product Traceability: With EDI, all communications are monitored so the person responsible for the goods knows where they are at all times.
- Multistandard & Multiprotocol: EDICOM’s platform handles messages in multiple standards (EDIFACT, X12, XML) and works with the communication channels required by the different supply chain protocols (PEPPOL, AS4, OFTP2).
Automated Accounts Payable and Accounts Receivable
EDICOM’s global e-Invoicing platform simplifies the invoice issuance and reception process in a fully automated and integrated manner.
The solution can integrate with any client’s ERP to exchange standardized messages between business partners. In the specific case of invoices, the module establishes connections with the internal system to integrate the issuance and reception of invoices.
Automation and centralization increase the efficiency of companies. It is now possible to take full advantage of the benefits of digitalization, including the enormous cost savings that can be achieved.
Accounts Receivable: Enables the automation of EDI messages through registries generated directly from the company’s ERP. When sending invoices to clients the solution transforms the published data structures into the required standards (EDIFACT, X12, PEPPOL, UBL. ODETTE, XML EDI), technical and legal specifications for each country, and uses digital signatures. Making EDICOM’s a one stop solution for compliance.
Accounts Payable: The invoicing platform receives invoices from suppliers and validates them according to the technical and legal specs in each country where the receiving country operates. Through advanced data transformation processes received electronic invoices are adapted to the data structure that your ERP or management system can receive. The data is then integrated to the ERP so your accounts payable team can process the received invoice.
For more information please check: edicom.nl/einvoicing