How electronic invoice handling works
Information about Electronic Invoice Handling and automated Invoice Authentication (account payable) in 4 simple steps. Make your process faster, cheaper and more sustainable.
HOW ELECTRONIC INVOICE HANDLING WORKS
SCANNING AND INTERPRETATION OF INVOICES
With Ibistic Invoice System you don't have to type in invoice data manually - whether you receive invoices in paper format or as PFD-documents. Also you don't have to scan or interpret the invoices information - Ibistic handles it all for you. This way you achieve an automated account payable process for your invoices processing.Ibistic has many customers who see the advantage of using a joint professional scanning and interpretation service that delivers high-quality invoice data electronically (guaranteed 99.8% accurate data) - at a reasonable price.
Consequently all invoices are ready for further automated invoice processing, accounting and authentication. The authenticated invoices are automatically transferred for accounting in the ERP/financial system. Furthermore here is a great deal of opportunity for automation of invoice workflow and accounting in the Ibistic Invoice System.
Read more about invoice scan and interpretation here.
DIRECT IMPORT, AUTOMATIC RECOGNITION AND DISTRIBUTION OF INVOICES
With electronic invoice processing you achieve a simplified process for accepting and approval of invoices, whether you receive on paper, as PDF or in EHF format. Ibistic has developed a solution for receiving digital invoices with a standardised way of presenting the electronic invoice information, including the e invoices. Thus, you are not dependent on the supplier's stylesheet.
Ibistic operates its own access point for receiving national and international electronic invoices. Ibistic has also developed a separate receipt for invoices via mail, named invoicedrop.com - This allows Ibistics customers to receive and digitise their invoices with high quality at extremely affordable prices. Read more about e invoices here.
NO MORE SEARCHING FOR INVOICES - THEY ARE ALWAYS AT HAND - STORED ELECTRONICALLY!
Never lose an invoice again - you always know where in the workflow your invoices is, if it is being processed or if it is archived. You never lose an invoice and always know where it is being processed or if it is filed. Digital invoice processing is safe, affordable and gives a complete overview of all inbound invoices. The bookkeeping act's storage requirements are safeguarded.
Regardless of where the invoice is "located", it is easy to find, and users are notified regularly whether there are new invoices for processing or if you should have forgotten to process them. If you need to split the invoices into different authentication or posting items, it will be easily done and each item can be distributed for certification and authentication. That way, the electronic billing process will be quick and accurate.
ELECTRONIC INVOICE HANDLING - ALWAYS AVAILABLE ONLINE
The online invoicing solution is available in all browsers. The solutions is delivered as a Software as a Service (SaaS), and is therefore always available, whether you need to process invoices or browse the archive files following an electronic invoice with associated information. With electronic invoice handling, all your invoices are digitised and digitally stored in a shared archive.