E-Invoicing Solutions
Meet global mandates and compliance regulations with automated electronic invoicing solutions
Watch the Forrester e-Invoicing webinar
Overview
Companies are under increasing pressure to adopt electronic invoicing (e-Invoicing). While the cost savings and process efficiency benefits are clear, the complexity of legacy systems, multiple channels and country-specific legal requirements often overshadow the benefits. New e-Invoicing mandates, increasing cost pressures and growing business expectations are forcing companies to overcome their reluctance and embrace e-Invoicing solutions.
e-Invoicing software and solutions automate the electronic invoicing process, removing compliance and management complexity and leaving the benefits.
Key benefits
Reduce operational costs, gain process efficiency and meet compliance regulations with an automated end-to-end electronic invoicing solution that is easily adopted and fully compliant with regulations around the world.
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Maintain global compliance
Meet post-audit and clearance e-Invoicing regulations in more than 48 countries with e-Invoicing software.
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Reduce processing costs
Reduce errors, delays and penalties while taking advantage of early payment discounts with an efficient electronic invoicing system.
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Increase process automation
Improve agility, speed and visibility with workflows that automatically identify data, initiate next steps and distribute information.
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Simplify tax audits
Provide easy access to all key VAT data for internal stakeholders and external auditors throughout mandatory retention periods.
Business impacts
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Global compliance requirements
Organizations need to meet global invoicing mandates, such as the French government mandate. Keeping up with new and evolving regulations is time-consuming and error-prone. Easily meet compliance requirements in more than 45 countries. -
Increase cash flow
Early payment discounts offer a simple way to cut costs. But, with manual touchpoints and lengthy processes, organizations struggle to meet deadlines let alone get ahead of them. Automate e-Invoicing processes and maximize discounts.
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Invoice processing automation
Many companies, such as manufacturers, want to compete globally. As more countries mandate e‑Invoicing, companies that still rely on paper-based invoice processing will be left behind. Modernize and automate invoice processes to stay competitive. -
Application and platform integration
Invoicing processes involve touchpoints across and outside the business. Silos between internal applications, suppliers and customers create friction in workflows. Integrate applications with the community to improve agility and visibility.
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Tax auditing
When an audit hits, relevant information must be located quickly. Searching through siloed files massively drains resources and productivity. Minimize the impact of auditing requirements with a centralized legal archive. -
Tailored invoicing for manufacturing
Manufacturers must adapt invoices to meet specific regional requirements. Manually tailoring the same invoice to meet each requirement wastes valuable time. Leverage an electronic invoicing solution to streamline invoice customization.
Leaders trust OpenText
See how customers are succeeding with OpenText Electronic invoicing solutions
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Staria empowers fast-growing companies to expand into new markets with ultra-scalable e-Invoicing services
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Frequently asked questions
Explore the components of the solution
Products
OpenText offers a broad set of solutions to support Electronic invoicing:
- OpenText™ Active Invoices with ComplianceSimplify e-Invoicing compliance to meet regulations in more than 45 countries
- OpenText™ Business Network Cloud FoundationEnterprise grade B2B integration capabilities for any size business
Professional Services
Combine end-to-end solution implementation with comprehensive technology services to help improve systems.
- Accelerate your Information Management journeyConsulting Services
- Comprehensive Information Management services and resourcesExplore Professional Services
- Reduce time-to-value of Information Management solutionsPackaged Services
Electronic invoicing solutions resources
Rethink invoice automation with a complete e-Invoicing solution
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