For too long, companies have suffered at the hands of antiquated paper and email-based invoicing systems. During tough trading conditions, when cash is king, you need your invoicing processes to be accurate, speedy and cost-effective. Without this your cashflows, supplier relationships and operational efficiency suffer, seriously damaging your firm’s growth potential. 

Luckily, eInvoice cloud solutions can help you achieve all of these goals and more. Here are five of the biggest benefits of digital invoice processing. 

Electronic invoicing solutions are between 60% and 80% cheaper than paper invoicing

An eInvoice cloud solution will save you money 

Research suggests that electronic invoicing solutions are between 60% and 80% cheaper than paper invoicing.

Your admin staff no longer need to manually input data. This dramatically reduces labour costs and gives you the opportunity to redeploy employees to more value-added tasks.

Digital invoice processing is paper-free so you’ll cut your firm’s paper bills overnight and save money on costly records storage and retrieval. You’ll also be greener, reducing your company’s environmental impact.

You can identify fraud easier. With better oversight you’ll quickly spot duplicate invoices and you’ll be able to challenge incorrect late payment fees more confidently.

eInvoicing is faster

No more wasting time double keying invoices that arrive as email attachments. Paper to Digital automatically converts attachments and embedded invoices into a digital file ready to load directly into your systems.

Invoices are also processed automatically the moment they are received. There’s no waiting around for a human to process them.

Thanks to automation and standardisation, electronic invoices are much more likely to be right first time, every time. This means fewer exceptions and disputes and a significant reduction in debtor days, giving a more favourable liquidity position for your organisation.

eInvoice Directory

Are you trading across multiple countries? Does your invoice processing need to stay on top of changing in-country regulatory compliance and RTR? Transalis eInvoice™ gives you the power to trade frictionlessly and seamlessly across global supply chains.

View the eInvoice Directory

Electronic invoicing is more accurate

Studies suggest up to 5% of all manually entered invoice data is typed incorrectly. That’s a huge handicap for any company aiming to be more efficient and customer focused. 

With eInvoicing, however, the process is totally automated, so there’s no opportunity for human error. eInvoicing connects one company’s system directly to another, enabling a fully automated flow of invoice data between supplier and trading partner, with no human intervention.

Real-time, highly accurate invoicing data also gives you a clearer idea of your cash position, enabling you to make better business decisions. 

eInvoice services make your business more efficient

Typically, 30-35% of larger companies still manage invoices in a decentralised way. Almost all of these companies use several ERP and accounting systems. This eco-system is incredibly inefficient and does not give financial managers transparency over the number, total value and status of invoices. 

Digital invoice processing solves these inefficiencies. It centralises invoice management and processing and gives accounting colleagues the transparency they need. Bottlenecks, barriers and problem payers in your invoice-to-cash cycle can be identified and resolved more efficiently.

More efficient and transparent invoice processing also means you have a full audit trail.

Transalis eInvoice™ delivers out-of-the-box regulatory compliance at no extra cost

Real-time reporting (RTR) is now a statutory requirement in many countries. eInvoice Connect+ is RTR ready, further reducing complexity and time with your existing processes

Transalis’ auto-archive feature date-stamps all invoices at the point of issue. This dramatically reduces the time and money you spend on manual processing and archiving. Auditing is also much faster and cost-effective because, once auto-archived, invoices can be searched and retrieved in seconds. This archive facility is included in the overall cost of the Transalis eInvoice™ solution. 

eInvoicing makes your business more efficient

eInvoicing Solutions from Transalis

Why eInvoicing from Transalis?

Transalis is a specialist provider of eInvoice solutions that enable companies to digitally and instantly exchange and validate invoices more efficiently and cost effectively.
You can trust in Transalis to deliver a robust, secure and regulatory compliant eInvoice cloud-based platform that guarantees to give you and outstanding ROI.

Why choose Transalis?

What is eInvoicing?

eInvoicing is the digital and automatic exchange and processing of invoices with your supply chain trading partners. There’s zero paperwork and admin staff no longer need to manually re-key data from invoices into purchasing or finance systems, increasing efficiency, saving money, eliminating errors and ensuring your business stays compliant.

What is eInvoicing?
The benefits of eInvoicing
eIvoicing Solutions from Transalis

Why choose eInvoicing from Transalis?

Transalis is a specialist provider of eInvoice solutions that enable companies to digitally and instantly exchange and validate invoices more efficiently and cost effectively. You can trust in Transalis to deliver a robust, secure and regulatory compliant eInvoice cloud-based platform that guarantees to give you an outstanding ROI.

Why choose Transalis eInvoicing?

What is eInvoicing?

eInvoicing is the digital and automatic exchange and processing of invoices with your supply chain trading partners. There’s zero paperwork and admin staff no longer need to manually re-key data from invoices into purchasing or finance systems, increasing efficiency, saving money, eliminating errors and ensuring your business stays compliant.

What is eInvoicing?
The benefits of eInvoicing

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Choose your Transalis eInvoice™ Solution

Build your own eInvoicing solution in the cloud; select connections, features, and service options, to perfectly meet your needs

BUILD YOUR OWN
Digitise inbound and outbound invoices to reduce admin, eliminate errors, expedite payments, create efficiencies and save money
MORE INFO

Paper to Digital – Make double-keying and human error a thing of the past; enjoy greater efficiencies and instant cost savings

MORE INFO

High volume, high frequency invoicing: seamless integration with existing systems, fully optimised processing, validation and compliance

MORE INFO

Build your own eInvoicing solution in the cloud; select connections, features, and service options, to perfectly meet your needs

BUILD YOUR OWN

Digitise inbound and outbound invoices to reduce admin, eliminate errors, expedite payments, create efficiencies and save money

MORE INFO

Paper to Digital – Make double-keying and human error a thing of the past; enjoy greater efficiencies and instant cost savings

MORE INFO

High volume, high frequency invoicing: seamless integration with existing systems, fully optimised processing, validation and compliance

MORE INFO

Build your own eInvoicing solution in the cloud; select connections, features, and service options, to perfectly meet your needs

BUILD YOUR OWN

Digitise inbound and outbound invoices to reduce admin, eliminate errors, expedite payments, create efficiencies and save money

MORE INFO

Paper to Digital – Make double-keying and human error a thing of the past; enjoy greater efficiencies and instant cost savings

MORE INFO

High volume, high frequency invoicing: seamless integration with existing systems, fully optimised processing, validation and compliance

MORE INFO