Solution: Invoice processing with enaio®
Keep a Firm Grip on Your Finances
Thanks to digital invoice processing with enaio®
Many companies still process their invoices on paper. This results in increasing error rates, long processing times, and a lack of an overview. In the worst-case scenario, discounts can no longer be provided, and payment deadlines can’t be upheld. Moreover, invoice storage is costly. Switching to electronic invoices with enaio® can save a company up to 80 percent on costs and unleash unused labor potential.
enaio® enables quick, secure processing and exchange of electronic invoices. Review routines and digital workflows for notification and approvals ensure a high level of security and transparency. enaio® is a solution that detects incoming invoices (whether they are in electronic or paper form), distributes them automatically, and compares the data with existing data in the ERP or financial accounting system. The transactions and invoices can be directly linked with electronic records.
Potential for Rationalization During Invoice Processing
Digitize, process, and archive invoices
enaio® allows you to implement easy-to-automate solutions for incoming invoices in your company. Incoming invoices are digitized via batch scan and self-learning data extraction and automatically stored in the right context in enaio®.
Moreover, the captured data can be checked for plausibility and compared with existing data in the proprietary ERP/financial accounting system.
All receipts for individual posting records can be directly displayed in the respective ERP system (image enabling). Dunning and retention periods for the system ensure that deadlines are upheld and tasks aren’t left undone.
The documents can trigger workflows in the ECM system that ensure automated forwarding to the responsible editor. Substitution rules, follow-ups, and dunning periods ensure that nothing is left undone and that everything is transparently processed on time.
- Elimination of paper-based mail distribution, transport and waiting times
- Fewer incoming invoices lost
- Shortened processing times through digital forwarding
- Better use of discount periods
- Automated data extraction and provision for leading data processing systems (ERP and financial accounting)
“Our invoice processing times have been reduced by up to 80 percent, thanks to the incoming document workflow that integrated perfectly into our company workflows.”
“Incoming invoices are automatically processed, and all participants, meaning the mailroom, auditors, and objective corrections, are integrated into the electronic invoice review process without media interruptions.”