Archiving electronic invoices is not just a good practice; it's often mandated by law in many countries, reflecting a global trend towards digital compliance. Globally, retention periods for business documents vary, typically ranging from three to ten years, depending on regional regulations.
In this whitepaper, we show you ways to further reduce the throughput times of incoming invoices in digital incoming invoice management, while at the same time reducing the required workload to a minimum.
Digital invoice processes have gained rapid adoption globally over the last few years, transforming business operations worldwide. Surveys indicate a global trend towards digital invoice processing, with significant increases in adoption rates among SMEs in various countries.
In this blog post, you’ll learn about the specific benefits of a cloud-based invoice solution – we call it the Invoice Cloud – for processing incoming invoices and how companies can benefit from the cloud overall.
If you’re thinking of digitizing your accounting, you’ll be pleased to hear that there has never been a better time to do it. Accounting software and tools for the paper-free office are ready and waiting – it only remains for you to take the next step and bring your company into its digital future.
A good indicator of the quality of the purchase-to-pay process in a company is incoming invoices. These 10 important key performance indicators (KPIs) for the P2P process will show you why this is the case and how you can better assess the status of purchasing digitization in your company.
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