Archive for Invoice Automation

Introducing our latest member: Corcentric

Corcentric was founded in 1998 and is a leading provider of financial process automation solutions, specializing in Accounts Payable automation. More than 3,000 companies rely on Corcentric solutions to automate their business commerce needs.
By creating a paperless conduit between Procurement, Accounts Payable, Accounts Receivable, and suppliers, Corcentric allows companies to immediately manage 100% of their invoices electronically. Our cloud-based (SaaS) architecture allows for solutions to be configured in days rather than months for rapid return on investment.

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AP employee faces 20 years in prison because of extensive fraud

March 12, 2014  |  Invoice Automation, North America

Again we received an important prove that e-invoicing and AP do not necessarily prevent fraud, but instead only leads to the automation of such fraud (even increasing the impact of this kind of fraud). In this instance a female AP employee has pleaded guilty to a wire fraud scheme that cost her employer $1.3 million, officials announced.

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Corcentric Announces New Webinar: “Accounts Payable Automation Buyer’s Guide”

March 9, 2014  |  Events, Invoice Automation

There is currently a wide range of automation solutions to meet every organization's need; however, knowing which solution best suits a company's specific need is a more difficult task. Corcentric's Webinar will guide AP professionals through their buying decision process by covering how to prepare your department for AP Automation, how to identify which options will work best for your company and creating an evaluation checklist for solution providers.

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E-invoicing, E-procurement and AP Automation bites you may have missed [week 6-2014]

We continuously collect news items that for some reason don't make it to a full post here at the E-invoicing Platform. News from the world of on e-invoicing, payments, invoice automation, order to cash, purchase to pay, compliance or e-procurement. And because we do want to give you the opportunity to get informed about what is going on all over the world, we provide you with this news flash.

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Easily automate your PDF Document Exchange with Smart PDF Connect

PDF documents can be difficult or time consuming to retrieve the necessary information by software without human intervention when processing into your back office system. Manually processing and adjusting documents create additional expenses, time and errors. With Smart PDF Connect customers are able to process, translate and integrate PDF documents automatically with your back office system with 100% accuracy, regardless of the ERP system.

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European Pharmaceutical Selects Top Image Systems for Purchase to Pay processing

February 18, 2014  |  Europe, Invoice Automation, Purchase-to-pay

The company selected Top Image Systems largely because of the flexibility of the eFLOW platform to process various kinds of semi and unstructured documents and for its integration to multiple business systems. Previously, any invoice that was received by the company via email had to be printed out before processing.
If an invoice document referred to more than one purchase order, it would have to be run through the system multiple times. With eFLOW, invoice processing is streamlined with immediate data recognition and validation; the company's P2P processes are optimized, enabling a quick, safe and cost-effective document flow to and from their customers.

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The Basware Knowledge Center: your one source for excellence

Looking for customer success, research reports, white papers, ebooks, factsheets or (and these are our favourites) videos on invoice automation and e-invoicing the Basware-style. Than go to their knowledge center. And take a look at the The World's Fastest E-Invoice Training Video. Or the succes story how Staples Advantage enjoys improved cash-flow position and shorter DSO cycle thanks to e-invoicing.

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Palette enhances European presence with new operation and key appointment

Palette is continuing its European expansion with the opening of a new subsidiary based in Espoo, Finland. With its web-based purchase-to-payment suite, PaletteArena, Palette has been the market leader in Scandinavia for many years. Palette Finland Oy has been established to grow the company’s sales and support operations across the country.

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Visit the 7th Invoice Conference on 17 april 2014 in Amsterdam

The Invoicing Conference 2014 takes place on Thursday the 17th of April. With over 400 visitors it is the biggest event on e-invoicing and invoice automation in the Benelux. The programme consists of keynotes and break-out sessions on all major trends and developments in payments-related industries including online and mobile payments, cross-border e-commerce, e-invoicing and SEPA.
The conference focuses on end-users, with companies and organisations from ten employees and up in particular. Like in previous years, the centre of attention is on financial employees, members of the management team, policymakers and IT officials.

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Basware delivers unified global processes and improved AP productivity at Aggreko

January 27, 2014  |  Europe, Invoice Automation

Accounts payable (AP) automation allowed Aggreko, the leader in the supply of temporary power and temperature control solutions, to increase control over invoice processing, unify its financial processes across Europe and avoid risks of double or non-payment of supplier invoices. With a clear audit trail and visibility of invoice statuses, month end reporting was sped up and application of financial KPIs became possible. Job satisfaction within AP increased, all whilst saving operating costs.
George D Walker, Group ERP and Financial Systems Manager at Aggreko: ”Basware’s solution has enabled us to join up the processes with all of our suppliers and ensure consistency across each business unit.”

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