Increase the speed and accuracy of invoice processing with AP automation
By removing paper invoices, e-invoicing solutions eliminate the need to scan and re-key supplier invoices into your ERP system, reducing both costly errors and the time it takes to process supplier invoices.
The core functionality provided by EDI and e-invoicing solutions enables the electronic exchange and management of invoices. However, with many e-invoicing systems this basic activity can be complicated to use unless you have some technical knowledge. The TrueCommerce solution ensures that organisations can successfully carry out these fundamental e-invoicing tasks without the need for extra technical know-how, with a simple and clean user interface that is easy to use.
Reduce invoice queries with e-invoice validation
Save both time and money with rule-based validation which automatically rejects invoices that do not meet agreed requirements before they are sent to you, removing the need for manual intervention. The TrueCommerce e-invoicing solution alerts suppliers of these issues at the point of submission reduces unnecessary payment delays, improving supplier relations.
CLUSTOMER CASE STUDY
“AF Blakemore operates a complex supply chain with a wide range of trading partners who are key to our business operations. When we were looking for a vendor to help us streamline and optimise our Supplier e-Invoicing, we chose TrueCommerce due to their credibility in delivering large scale Managed Service solutions to the retail and grocery sectors.”
AF Blakemore & Son
Increase efficiency with automated e-invoice matching
E-invoicing increases invoice-match rates and removes the need for the costly and time-consuming manual review of invoices with automated invoice matching against purchase orders, shipments and receipts.
Reduce the number of invoice queries your AP team receive
With e-invoicing, you can provide suppliers with information regarding the status of their invoices via the TrueCommerce web portal, reducing the number of invoice queries your AP team receive that can be a huge drain on what is often a limited resource.
Redeploy your AP team to more value added tasks
An e-invoicing solution, delivered as a fully managed service, enables you to utilise your resources more efficiently by redeploying your finance team from manually processing supplier invoices and responding to invoice queries to more value added tasks.
Comply with legal and tax requirements
With invoice storage and archiving functionality, including full search and retrieval capabilities and the storage of both the original electronic message and a PDF copy, the TrueCommerce e-invoicing solution supports the electronic invoicing legislative and tax requirements for 40+ countries. The solution also interfaces to BACS payment services.
Monitor supplier performance with dashboards and analytics
Our e-invoicing solution includes an analytics dashboard which provides summaries regarding suppliers’ performance, including invoice error analysis, allowing you to identify suppliers that are underperforming.
CUSTOMER CASE STUDY
“Our aim when opening discussions with TrueCommerce was to achieve the entire removal of or at the very least a significant reduction in the amount of paper, email and faxed purchase orders and invoices”
Steve Deakin & Sukhs Chawla
IT Project Managers
David Lloyd Leisure