E-INVOICING
efficient - legally compliant - transparent
Purchase-to-pay from one source!
Today’s enterprises are forced to become ever more agile. That is why it is so important to automate business processes. Especially with respect to the automation of business processes, our years of experience show that deadlocks can arise out of internal resistance, while paper processes continue to hold back day-to-day operations. Many fear that their company will not be able to overcome these hurdles and therefore expect automation to be a major challenge. But it doesn’t have to be!
MORE THAN JUST AN ELECTRONIC EXCHANGE OF INVOICES
When it comes to digital invoice data exchange, you can quickly, easily and efficiently achieve successes with compacer’s e-invoicing solution – after a relatively short project duration of only 4 months! With e-invoicing, we can monitor the entire purchase-to-pay or order-to-cash process, both for the billers (suppliers) and for the recipients (customers), as both have different objectives.TOP 10 of the e-Invoicing Solution Provider
EXCELLENT E-INVOICING SOLUTION
Companies benefit enormously from e-Invoicing solutions because a manual process contains sources of error, slows down payment processes and ultimately also results in the loss of previous payment bonuses. compacer is one of the top 10! The listing publishes the ten leading international companies offering solutions for the e-invoicing process. Companies benefit enormously from e-Invoicing solutions because a manual process contains sources of error, slows down payment processes and ultimately also results in the loss of previous payment bonuses. It is important to us to help our customers capitalize on the immense added value of an automated billing process.Certificate
Top 10 List
CIOApplications Europe`s Articel
e-Invoicing with us - because it makes the difference!
By choosing the compacer e-invoicing solution, you benefit from our billing networks and the fact that we conduct international B2B / B2G transactions in more than 60 countries - including the clearance countries and post-audit countries. Our goal is to simplify our customers' processes, which we realize through Artificial Intelligence and automated data integration in their business systems.
In other words, the posting proposal and the automatic bookings are no longer a vision in your company!
In other words, the posting proposal and the automatic bookings are no longer a vision in your company!
Why e-invoicing?
There are a lot of strong reasons!
NO MORE PROCESSING ERRORS
As soon as all relevant invoice data are transmitted digitally, errors that regularly arose out of the manual acceptance, entry and processing of data simply vanish from the scene. Error-prone and costly transmission and processing procedures are replaced by automated, safe and resource-saving electronic processes.
SAVE COSTS
Thanks to automation, costs caused by media breaks, faulty (manual) transmission of information, time-consuming coordination and authorisation processes or slow and failure-prone processing procedures are significantly reduced. A consistent implementation will let you save up to EUR 10 per document in process costs, that is, in data collection, manual verification, handling, printing, postage and archival.
MORE SECURITY
Each step within the process is now secure, traceable and verifiable, so that you can check the status of any given document at any time. For example, you can get notified when invoices are received or you can monitor delivery periods. This not only helps you to improve the communication with your business partners, but it provides all interested parties with actionable transparency.
From data interchange into the accounting department - all with compacer!
Often the e-invoicing process in companies is interrupted when the invoice is collected and printed by the bill-to party. Our market observations show that many digital solutions also end here. There is another way! We have established an automated workflow that recognizes invoice patterns and features using Artificial Intelligence and collects the data. In the next step, these can independently of suppliers be transferred directly into the existing business system (e.g. ERP system, accounting system, etc.) independently of the provider.
If you would like to know how easy the process from receipt of invoice to your accounting department can be, then watch the replay of our webinar "The e-invoice - from data exchange into accounting" (German), in which our experts give the answer.
Many challenges -
One simple solution!
INVOICE RECEIPT
Distributed invoice receipt in companies with a high volume of invoices.DATA COLLECTION
Alerts on wrong or missing supplier and customer master data, monitoring of costs for data collection & updating.DISCOUNTS & REMINDERS
Early payment discounts are often missed due to time constraints, and time constraints are also the primary cause for reminder fees.PROCESSING
The manual processing of invoices is time-consuming and often creates a backlog of unprocessed invoices. Often, the context of orders, order confirmations, delivery notes and invoices is unknown.MANUAL DATA ENTRY
Entering and posting the data manually leads to high error rates.APPROVAL
Manual approval systems are tedious and often not fully verifiable, as responsibilities and representatives are not clearly defined.TRANSPARENCY
A lack of process transparency increases the number of queries and complaints to the Accounts Payable department.MAVERICK BUYING
A lack of control in the ordering process increasingly leads to maverick buying, a purchasing behaviour that bypasses company-wide procurement and thus misses out on bulk prices and special supplier deals.compacer is a certified
PEPPOL Service Provider and Access Point
Learn more about PEPPOL connectivity and why you should or must use it.
Customer examples – Our solution in practice
SINGLE SOURCE PROVIDER
We advise you with respect to country-specific legal and tax requirements. We take care of your automated invoice exchange, including verification and partner dialogue. We certify processes and procedural documentation and handle periodical audits.SOLID PROJECT EXPERIENCE
We have many years of experience in implementing standards and non-standards and collaborate with you on developing your e-invoicing business.AUDIT-PROOF ARCHIVAL
We provide GAAP-compliant and auditable long-term archiving within our own ISO/IEC 27001-certified secure high-performance data centre located in Germany.FLEXIBLE OPTIONS
We flexibly adapt to your business partners’ standard and non-standard requirements with your individual combination of service modules. You decide what is important and you can always start small and expand later on.Trust the best-in-class experts: compacer!
Send message now!
