The advantages associated with electronic invoicing
E-invoicing, or electronic invoicing, streamlines invoice management and simplifies how invoice and compliance documents work together.
By digitizing invoice data and matching it against contracts, purchase orders, service entry sheets, and goods receipts, e-invoicing reduces the risk of invoice errors and exceptions. When e-invoices are transmitted over a digital business network, and programmed with related document data and business rules, they can be validated automatically before posting for payment. And because digital information is more easily viewed across systems than paper sitting on someone’s desk, e-invoicing makes it easier to:
- Manage cumbersome compliance tasks from a dashboard
- Facilitate collaboration within the organization and among trading partners
- Maximize early-payment discounts and optimize working capital
- Lower the risk of overpayment and fraud
- Improve cash flow for suppliers with more timely payment
Lose the paper. Go digital.
Free your AP staff from manual processing with a touchless, digitalized e-invoicing process and empower them to focus on more strategic activities.
Reduce costs and improve cash management to capture more early-payment discounts
Manage complex services and non-PO invoices more efficiently and effectively
Strengthen compliance with contracts, company policies, and global e-invoicing regulations
Configure workflows to address specific requirements
Enable faster, more accurate processing
Provide web-based access to invoice status and cash forecasting
SAP Ariba E-Invoicing Software and Solutions
SAP Ariba Invoice Management
Less complexity, more strategy. Eliminate exceptions and enforce compliance to unlock value trapped inside your payables.
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SAP Ariba Buying and Invoicing
Control spend and decrease risk with this procure-to-pay software that sets the standard for all other procurement software offerings.
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Financial Supply Chain
Transform your payables from liabilities into strategic assets to boost free cash flow, free up working capital, and deliver more bottom-line value.
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