CloudTrade and EchoVera announced their partnership to provide Canadian North Airlines with an e-invoicing solution that will provide 100% accuracy for its invoice processing.

Canadian North has seen rapid business expansion, doubling in size in recent years, which has left existing systems over-stretched. The airline needed a new solution that would be quick and easy to implement, yet capable of processing large volumes of invoices each month with minimal human intervention.

The e-invoicing offering from CloudTrade and EchoVera removes paper at the source and enables AP automation in Palette Arena – Canadian North’s invoice processing application.  The need for traditional scanning and OCR is eliminated and because the e-invoice data comes directly from the supplier’s billing application, 100% data accuracy can be guaranteed.  This, in turn means higher levels of straight-through processing, which for Canadian North was key.

Canadian North’s initial roll out focused on their biggest “pain point”, the processing of fuel and catering related invoices, their highest volume and dollar value suppliers.  Immediate success with these vendors led the airline to quickly expand their e-invoicing initiative by increasing the number of suppliers with an end goal of processing all invoices over time.

Read the full post on the website of CloudTrade