Electronic invoices
E-invoice/digital invoice is the most efficient way to receive and transmit invoice information. Invoices are immediately accessible with no need to scan. You can always trust that the invoice data is 100% accurate.
– how does it work?
E-invoices are received directly in Rillion as soon as the EDI invoice function is activated. Electronic invoices are sent in the desired format, and suppliers who cannot handle electronic invoices send PDF or paper invoices, which are then converted into electronic data and delivered to Rillion.
Rillion’s service for receiving e-invoices has interconnection agreements with a large number of operators in the market and is an approved access point in all the countries where PEPPOL has been implemented.
With e-invoices, you receive invoices directly from the supplier’s financial system. The interpretation is more precise because all information is transferred via data files.
We inform your suppliers free of charge that you want to receive e-invoices, and incoming invoices are then delivered as e-invoices.
– achieve a 100% digital flow
E-invoice management is at the core of our digital invoicing solution and serves as the foundation for streamlining the entire process from procurement to payment.
An optimal process is achieved by automating the processes within the management of digital invoices, including scanning, approval, and matching against incoming invoices and contracts.
To minimize the time spent on managing a digital invoice, an automatic invoice workflow is generated.
Eliminate manual errors that may occur during the manual entry of invoice data. The system flags false invoices and duplicates.
With Rillion, you gain full control over all invoices, regardless of their status. You can identify potential bottlenecks in the process and easily locate invoices during or after the approval process.
When many manual tasks are automated, you can handle increased volumes of supplier invoices without the need to increase your workforce.
Rillion automates several time-consuming tasks, such as scanning and interpreting invoices. E-invoices are received directly in the system.
With Rillion, you have a digital archive for supplier invoices, making it easy to find ongoing and completed transactions.
There are no additional costs for having many users! Create as many user accounts as you need, both for approvers and administrators.
E-invoicing – Trusted By Banks
Rillion is trusted by banks and financial institutions in the US and Europe. Accreditations in the US include SOC1, SOC2, HIPAA, GDPR, and PEPPOL.
Read more about E-invoicing
We’re committed to solving your problems and making your job easier with our invoice capture solutions.
The time required for implementation of Rillion One and Rillion Prime may vary, depending on the features you choose and the ERP system you’re using.
Contact one of our experts today to schedule a demo. As always, we’re with you every step of the way.
Rillion’s solutions integrate with many popular finance and business systems.
What is e-invoicing and how does it differ from traditional invoicing?
E-invoicing, or electronic invoicing, is the process of sending invoices digitally rather than through paper-based methods. It differs from traditional invoicing in that it allows for the exchange of the invoice document between the supplier and the buyer in an integrated electronic format. This process is faster and more secure compared to the manual handling of paper invoices.
How does e-invoicing improve efficiency and cost-effectiveness in the accounts payable and receivable processes?
E-invoicing streamlines the invoicing process by automating many of the steps involved, reducing the need for manual data entry and minimizing errors. It accelerates the invoice approval process, improves the tracking and archiving of invoices, and facilitates faster payment cycles. This efficiency leads to reduced processing costs, better cash flow management, and potential early payment discounts from suppliers.
Can e-invoicing help with tax compliance and reporting?
Yes, e-invoicing can significantly aid in tax compliance and reporting. The systems can be configured to apply the correct tax rates, generate tax reports, and maintain detailed records for audit purposes.
Get started quickly
Automated handling of supplier invoices for small and medium-sized businesses looking to get started quickly.
Scalable solution
Electronic invoice management and purchase-to-pay for larger organizations with high demands on automation.
Find out for yourself how we can make your job easier!
Schedule a free consultation so that we can understand your needs and provide you with the best solution.
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