PDF invoice processing is the conversion of PDF invoices received from suppliers into a standard digital format, which can then be processed in the same way as electronic invoices received via EDI.
In terms of invoice processing, 20% of a company’s suppliers are often responsible for 80% of the workload. A PDF invoice processing solution enables companies to instantly accept digital invoices from all their suppliers, regardless of their size or technical capability. This approach enables companies to incorporate the long tail of suppliers who do not have an e-invoicing solution into their e-invoicing initiative, maximizing the benefits of electronic trading.