Paper to Digital: Reduce errors and save time with eInvoicing

Businesses seeking to adapt to changing times triggered by Covid and Brexit have to keep a tight control on the costs and efficiency of their internal processes.

While the pandemic has impacted customer demand across global industries and made the supply side more difficult to manage, the UK’s departure from the EU has brought with it a raft of new administration and documentation.

There has never been a better time to review activities such as invoice processing to support overall efficiency and supply chain management.

With manual handling of invoices, human error can easily creep in, requiring data to be checked again and re-keyed. This is just dead time when administrative resource could be reallocated to far more valuable tasks.

Instead, eInvoice Paper to Digital, a cloud-based eInvoicing solution from Transalis, enables you to digitise your invoice processing with all the consequent benefits that brings:

• By cutting the risk of human error, you reduce the time and budget it takes to process invoices.
• You also minimise the number of unvalidated or rejected invoices and the potential for disputes that need to be settled further down the line. The upshot is a better cashflow position for your business.
• As well as providing accounts efficiencies here and now, eInvoice Paper to Digital equips you with a full digital audit trail for reports and analysis.

Companies adopting eInvoice Paper to Digital give themselves greater prospect of participating in cost-effective and secure cross-border trade and co-operation. That’s because eInvoice complies with international tax and regulatory formats increasingly being mandated in different countries.

Indeed, Transalis is one of just 12 solutions providers across the world to meet a rigorous new eInvoicing standard set by the European Union.

eInvoice Paper to Digital includes a series of ‘message types’ covering all the Brexit compliance checks that UK exporters and importers now need for invoices, customs declarations and other essential documentation.

We offer a choice of four product solutions reflecting different business needs and what you want to achieve with eInvoicing. Each comes with a support package to ensure a smooth transition to your eInvoice environment.