Presented at INFOCUS 2023
Session ID: 102110

In this presentation, we will explore the world of e-invoicing and its significant impact on B2B commerce. Attendees will gain valuable insights into e-invoicing, its differentiation from AP automation, its global adoption, and its implementation using JD Edwards. We will also examine the business benefits of e-invoicing and present a case study showcasing the successful integration of e-invoicing within JD Edwards using Steltix’s AR-AP e-invoicing solution.

Currently, even the most advanced “automated” invoice processes are still considered manual and vulnerable to fraudulent claims. Paper invoices or PDFs are generated and sent via email, FTP, or postal service, requiring sorting, scanning, and manual data entry for matching and payment evaluation.

E-invoicing revolutionizes this process by enabling the direct electronic exchange of structured invoices between supplier and customer ERP/Finance Systems. No more PDFs, emails, or OCR; e-invoicing ensures a touchless experience where invoices are transmitted securely through the Peppol Network.

Governments worldwide are mandating e-invoicing for B2B commerce and internal departmental processes due to its efficiency in invoice processing and payment. The benefits of e-invoicing are numerous:

– Cost and Time Savings
– Fraud Prevention
– Improved Accuracy and Efficiency
– Enhanced Productivity and Workflow
– Faster Payments
– Integration and Data Insights
– Compliance and Audit Trail
– Environmental Sustainability