Our Expertise

«
<
September 2010
>
»
S M T W T F S
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

Who's Online

We have 1 guest online
Left direction
alt

  

Right direction
alt
 

  • E-Invoicing Solutions+

    Electronic-Invoicing reduces cost and increases efficiency

     Most studies come to a similar conclusion that electronic invoicing cuts related costs up to 75%.

    Electronic invoicing can be defined as the use of the internet for the paperless receipt (payer-scenario) and the paperless submission (supplier-scenario) of invoices.

    Lets look at the traditional way of receiving paper invoices. Costs and inefficiencies arise along every step of the process.

     

      

    The savings of not having to deal with paper (inbound or outbound) are easy to imagine.

    Lets look at the complete e-invoicing scenario. Buyer and seller connect seamlessly via the internet using a descriptive data language (XML).

     

      

    This area is the key of our consulting offering and we have established a long lasting partnerships with the major suppliers in this field.

    We are partnering with IATA (International Air Transport Association) for the provision of the service IATA InvoiceWorks ™. IATA InvoiceWorks connects billers and payers via the internet in a consolidator role for the paperless transmission and receipt of invoices and supporting documents. We are also partnering with Crossgate and SAP to connect billers and payers via the internet in a consolidator role.

     

    Interested to learn how e-Invoicing can reduce cost and increase efficiency for your company ?

    Learn More 

  • Automated Invoice Verification+

     

    Save Big with Automated Invoice Verification

     

     Lets spend a second rethinking how invoice verification is done at most companies:

    1.  You reveice a huge bundle of invoices every day.
    2. You are looking for a PO that matches the amount or at least the invoice number.
    3. Without a PO you are looking for a supplier contract where the rates for the service are listed.
    4. You are trying to figure out the invoice total amount by muliplying the rates with the actual quanttities used.

     See where this is going? - It's a costly and time consuming process.

     

     

    How about letting a system verify your invoices for you ?

    In the example below the payer receives an electronic invoice from the seller, e.g a groundhandling company. Automated invoice verification in this scenario works as follows: 

    1. The electronic data from the actual invoice is received by your verification engine
    2. Based on you supplier contracts and/or purchasing information the verification engine has already calculated an expected invoice
    3. The system automaticaly compares each line item of the invoice
    4. Based on the threadhold you determine the sytsem informs you about a deviation and trigges a credit memo request
    5. Without any deviations the system routs the invoice to AP for payment

     

     

     

    Interested to learn how Automated Invoice Verification can reduce cost and increase efficiency for your company ?

    Learn More