Experience supplier invoices that never stop
InvoiceFirewall from efacto ensures that your supplier invoices are fully automated. Save time and money.
InvoiceFirewall corrects and facilitates
Many of us are working to increase automation in our organizations. In transaction-heavy companies, the benefits of automation are the greatest. Yet it sometimes feels like reality is working against us. Automation stops because of human error or carelessness. That's exactly what InvoiceFirewall solves for you. It's like a firewall for your invoice processing, blocking the errors and mistakes of others before entering your systems.
Reference missing
When supplier invoices have no reference. You have no idea who ordered the goods.
Bad supplier invoices
The supplier has placed information in the wrong places on invoices so that your internal systems cannot find it.
Information missing
When the invoice doesn't contain all the information - who actually bought what?
Manual review
Manual work and too much time to fight fraud and errors.
Incorrect VAT
The supplier charges VAT to which it is not entitled.
Incorrect payment terms
Invoice payment terms that don't match your procedures - it takes time and creates unnecessary problems.
The more invoices, the more time to save
40% of all supplier invoices need some form of manual intervention. It could be missing information or inaccuracies. With InvoiceFirewall, these invoices are found and adjusted automatically. All to make your processes run as smoothly as possible. More automation, more possibilities.
How does InvoiceFirewall work?
The goal is for InvoiceFirewall to adjust less and less
When a supplier sends an invoice, InvoiceFirewall automatically checks that all the necessary information is filled in correctly. If the invoice contains errors and omissions, the solution steps in and solves the problems. For example, automatically by moving data from, for example, address to reference field. If the supplier has sent attached documents, InvoiceFirewall also reads these to find data.
If there is missing information, the invoice is automatically sent back to the supplier with instructions to complete the data. The supplier does not need to send a credit note and a new invoice. Once the invoice is 100% correct, it is released for further
processing in your P2P system.
The result is that the percentage of invoices that do not need to be corrected increases overtime as suppliers, with InvoiceFirewall's help, become more accurate in sending correct invoices. A win-win.
Proceedo + InvoiceFirewall
By connecting InvoiceFirewall from efacto to Proceedo, you increase the quality of invoice data and the degree of automation throughout your purchase-to-pay process. Experience real automation as processes become easier, simpler and more fluid.