E2E-INVOICING
E-INVOICING DONE RIGHT


WHERE E-INVOICING FALLS SHORT

While electronic invoicing is a necessary first step towards the elimination of paper-based processes, it merely substitutes the paper bottleneck with an email and pdf logjam. For the most part, electronic invoicing has failed to deliver on the promise of streamlined business processes.

E2E-INVOICING: IT’S ALL ABOUT THE PROCESS

Nipendo E2E-Invoicing is fundamentally different from conventional e-Invoicing solutions, automating a holistic process from procurement to payment rather than individual documents. Every exchange of information between you and your trading partners encapsulates the entire context and history of the process. When a supplier invoice is received, Nipendo is already aware of the entire history of the order, including the pricing and terms, whether the goods were received, when, and in what condition.

Based on this contextual understanding, Nipendo can automatically approve the invoice for payment without any manual touch, or hold it and prompt the supplier to correct any discrepancies. This intricate level of metadata attached to each document allows you to define very specific ways for handling each and every invoice, resulting in near 100% automated invoice reconciliation.



INSTANT INVOICE RECONCILIATION™

E2E-Invoicing is the key to accelerating the speed of business and the elimination of non-productive manual processes.
Even before an invoice is received, it is preemptively validated by the Nipendo platform for data accuracy and compliance with your process requirements. In addition to data validation, invoices are also matched with purchase orders and receiving records, all in real-time. Additional rules can be added based on specific requirements for different invoices according to spend category, amount, supplier tier, or any other variable. Suppliers get immediate notification if an invoice is non-compliant, so they can correct any issues before the invoice enters your accounting system and avoid any delays.

With automated reconciliation in place, you can immediately process close to 100% of the invoices straight through to your ERP system. Designated users get alerted to the few invoices that require attention, allowing Accounts Payable personnel to transition their mode of operations from tedious manual processing to management by exception.

BOTTOM-LINE BENEFITS FOR YOU AND YOUR SUPPLIERS

  • Remove process bottlenecks associated with traditional or e-invoicing
  • Streamline collaboration
  • Increase responsiveness
  • Better manage cash flow and working capital
  • Reduce the cost of doing business

“Over 90% of our suppliers invoices are e-invoices which are 100% reconciled with Nipendo E2E-Invoicing solutions.”

Gabi Ben Shlush, Head of Accounting, Israel Aerospace Industries