Digital invoicing
The solution is simple with the Spend Cloud’s digital invoice processing, which enables you to automate this labour-intensive process and gain insight, oversight and control of your invoice processing.
The advantages of digital invoice processing
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Never lose your invoices again
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You minimise the number of manual actions required
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The lead time is shortened considerably
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Integration with virtually all financial packages
More information
3-way matching, integration with over 50 ERP systems and far more, view all features of our digital invoice processing module in the fact sheet.
Invoice Processing, how does it work?
1. Receipt
2. Recognition/Coding
3. Workflow
4. Approval
Digital invoice processing also makes approval of invoices simple and clear. All those involved can see who needs to approve the invoice, and the budget holder receives a reminder if approval does not take place in good time.
Combining the Invoicing module with the Procurement and Contract Management modules enables approval at the time of procurement, so after step 2 the invoice goes through to payment (step 5) automatically.
5. Payment
More information about digital invoice processing?
One Spend Cloud, 5 modules
Procurement
Invoice Processing
Contract Management
Cash & Card
Expense Claims
Spend Cloud
The Spend Cloud is a complete solution containing five different functionalities to control all business expenses. You decide which functionalities suit your organisation, at what time.
Read more about the Spend CloudProcurement
The Procurement module streamlines the procurement process and offers control over employees’ ordering habits. Combining the Procurement module with the Invoicing and Contract Management modules gives you control over the whole Purchase-to-Pay process within a single Spend Cloud.
Read more about ProcurementInvoice Processing
The Spend Cloud’s digital invoicing gives your organisation insight, oversight and control over this time-consuming process. Combining the Invoicing module with the Procurement and Contract Management modules gives you control over the whole Purchase-to-Pay process within a single Spend Cloud.
Read more about Invoice ProcessingContract Management
The Contract Management module is part of the Spend Cloud. This module makes management of contracts simple and transparent and prevents undesirable contract extensions. Combining it with the Procurement and Invoicing modules ensures the whole Purchase-to-Pay process can be managed within a single Spend Cloud.
Read more about Contract ManagementCash & Card
With the Cash & Card module, employees receive payment cards for their business expenses. These cards can be fully controlled by the organisation itself. This offers convenience for employees, and control and oversight for the organisation. Combining the Cash & Card module with other modules enables management of all expenditure streams within a single Spend Cloud.
Read more about Cash & CardExpense Claims
The Expense Claim module makes claiming expenses a clear and streamlined process. Combining the Expanse Claim module with other modules in a single Spend Cloud enables central management of all expenditure streams.
Read more about Expense ClaimsDownload the factsheet
More information about digital invoice processing?
3-way matching, integration with over 50 ERP systems and far more, view all features of our digital invoice processing module in the fact sheet.