Electronic Invoice Delivery
The advantages of electronic invoicing are clear: it’s faster, less expensive, more reliable and it takes the inefficiencies of paper and manual handling out of the process.
Switching from paper to electronic invoicing dramatically improves accounts receivable. It cuts processing costs by up to 80% and reduces DSO by as much as a week or more. It is important to note that in today's global economy, you must adhere to international tax compliance rules.
How does the solution work?
What are the benefits of sending invoices electronically?
You:
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Your customers:
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- Cut the cost of sending billing documents by 40%-80%
- Significantly reduce DSO
- Reduce the costs of invoice storage with electronic archiving
- Access your invoices online 24/7 for review and download
- Know exactly when your customers read their invoices via an invoice acknowledgement
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- Reduce their storage costs by allowing you to electronically archive their invoices for them while giving them 24/7 access to all their invoices via the web portal
- Comply with government regulations in their country
- Access their invoices online 24/7 for review and download
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Unique functionalities of automating electronic invoices
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Web portal and e-invoicing adoption
Give your customers access to your web portal and collect their email addresses and invoice delivery preferences. |
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Real-time access to e-invoices for you and your customer
Once submitted to Esker, your e-invoices are instantaneously available to you and your customer via the web portal. Your customer is notified via email when a new invoice is published. |
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Regulatory compliance in 40 countries
The Esker AR solution applies appropriate signatures, time-stamps and verifications to comply with each country's regulations (country of origin and recipient country). |
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Tax audit portal
When tax audits occur, make your web portal available to tax auditors, allowing them to easily view, download and double-check invoices for compliancy (authenticity and integrity) by using TrustWeaver’s audit portal. |
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