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ensure ease in the day-to-day handling of incoming invoices.

Digital invoice approval: faster to booking and payment 

Approval processes are crucial for businesses worldwide, ensuring efficiency and accuracy in financial operations. Efficient accounts payable approval processes are vital for businesses globally, enhancing financial management and operational efficiency. As a control mechanism and work step, invoice approval has a fixed place in the invoice verification process.

Enterprise search – Overcome data silos and knowledge barriers

Ever-growing volumes of data in companies kept in separate data silos are turning into a problem at all levels of an enterprise. Executives and employees alike – everyone is up to their ears in the sea of data and cannot find the pearls of information they are looking for.

The Most Important Requirements for Verifying Invoices Correctly – Including a Checklist 

Paying invoices is a routine task for accounts payable departments worldwide, essential for maintaining financial health and compliance. It’s essential that every incoming invoice is verified for accuracy before the payment order is sent. Optimizing invoice verification processes can significantly benefit companies globally, enhancing efficiency and reducing errors.

Retention periods for electronic invoices – how long to archive? 

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.

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