Solutions

Electronic Invoicing

Meet global e-Invoicing mandates and compliance regulations with automated invoice processes

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Overview

Learn how a global e‑Invoicing solution can help simplify the complexity of e-Invoicing mandates

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 an e‑Invoicing solution.

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 automated end-to-end e‑Invoice management 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.

  • Reduce processing costs

    Reduce errors, delays and penalties while taking advantage of early payment discounts through efficient e-Invoice processing.

  • Increase process automation

    Improve agility, speed and visibility with workflows that automatically identify data, initiate next steps and distribute information.

  • Simplify tax audits

    Provide easy access to all key VAT data for internal stakeholders and external auditors throughout mandatory retention periods.

Business impacts

  • 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.

  • 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.

  • 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 e‑Invoicing partner to streamline invoice customization.

Leaders trust OpenText

See how customers are succeeding with OpenText Electronic invoicing solutions

See more success stories
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Staria empowers fast-growing companies to expand into new markets with ultra-scalable e-Invoicing services

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Michelin achieves flexibility and scalability to support their global operation

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Heeros clears the path to European growth at scale, at speed

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Explore the components of the solution

Products

OpenText offers a broad set of solutions to support Electronic invoicing:

Professional Services

Combine end-to-end solution implementation with comprehensive technology services to help improve systems.

Electronic invoicing solutions resources

Are you prepared for the French eInvoicing mandate starting in 2023?

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July 2022: E-Invoicing & VAT compliance updates

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Global e-invoicing compliance drives manufacturers to seek partners

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Leaders or Laggards? Manufacturers and e-Invoicing

Read the position paper

Compliant e-Invoicing for Global Manufacturers

Read the overview