Invoicing

With SupplyOn, the invoicing process starts long before the creation of the invoice, in fact right after the purchase order is sent to the supplier. In this way, all relevant data that is generated on both sides during order processing is included in the invoice. This makes it much easier for suppliers to create the invoice, as they can simply generate the invoice based on the order and delivery data. The end-to-end digitized process results in invoices with greatest data quality.

Key features:

1. Smart control functions and plausibility checks ensure that country-specific, tax-related and customer-specific requirements are met when suppliers create invoices
2. AI-based solution to fill in missing information
3. The so-called PO flip automatically converts order data into invoice data
4. Coverage of numerous input channels for invoices: from direct connection via EDI and web application to transmission of invoice data via XML, CSV, Excel or PDF
5. PDF invoices are converted into a structured, digital invoice file that can be processed automatically at the customer’s site

Your benefits:

1. High level of automation: more than 90 percent of invoices can be automatically booked due to high data quality and structured invoice data
2. Savings of process costs: reduced manual effort in financial administration, as internal checking and approval workflows are eliminated and invoices are automatically checked with purchase orders (P2P Check)
3. Standardization of invoice data formats: invoices from different input channels are converted into a standardized format, which facilitates further processing
4. High transparency: suppliers can check the status of invoice processing at any time

Ressources:

Customer story: Bosch provides suppliers with a comprehensive view of their invoice status, independent of the invoicing channel
Discover more: Smart Invoicing - How to exploit the full potential 
Customer story: How Airbus achieves highest auto-booking rates
Survey: How to benefit from smart invoicing