Cash & Liquidity ManagementTo improve e-invoicing, we must facilitate the onboarding and invoice creation processes first

To improve e-invoicing, we must facilitate the onboarding and invoice creation processes first

When talking to companies interested in making a departure from paper-based invoice exchange and going digital, there usually are these two moments when a slight doubt enters the conversation

The first one is when they touch upon partner onboarding, while the second appears whenever ease-of-use gets a mention (meaning, they want to know how difficult it is to start collaborating with their partners or create an e-invoice).

Why is that? Well, this may sound a little too philosophical, but the reason might be being afraid of the unknown. Although the concept of e-invoicing was revealed to us years ago, only now it is getting the attention of businesses and authorities all around the world, thus becoming a popular practice.

Yet, it comes as no surprise why those companies, whose accounting departments still run on paper these days, feel a bit concerned before going out on their e-invoicing journey. After all, they’ve never had to deal with partner onboarding or things like document format conversion and web form enablement before. So, how can we solve this problem and help them decompress a little?

The solution is actually quite simple – such companies need to work with the right document exchange technology provider from the get-go.

While there are many e-invoicing platforms available on the market, some are more difficult to implement than others. Plus, some providers do not offer the support needed to start running e-invoicing operations. Fortunately, a few vendors, such as Comarch, go the great lengths to make partner onboarding and invoice creation as effortless as possible. Let us give you a few examples.

First, there are these new self-onboarding tools that allow one’s business partners (both suppliers and customers) to register via a web portal by themselves, providing their data using dedicated forms. Additionally, Comarch gives the option of all critical information about the project in one specific virtual space, which makes it more accessible to all parties involved. But that’s not all.

The web portal also enables partners to choose specific document formats and communications channels, build new connections without anyone’s help, and manage their data more efficiently. And thanks to the new invoice wizards where you take the process of creating an invoice and divide it into several stages to make it more intuitive (and allow users to create multiple documents simultaneously), or features such as PO-flips that can autocomplete some parts of the form using information included in the order, e-invoicing is like a walk in the park.

Bear in mind that all of this is just the tip of the iceberg as many more developments are being made to electronic document exchange every day. If you want to learn more about those, then you should definitely check out this new e-book series by Comarch called “It’s Still e-Invoicing, Only Better.” Not only is it about the latest advancements in electronic document exchange, including the AI/ML-powered e-invoicing features and new self-onboarding tools, but it is also available for free. It’d be a shame to miss such an opportunity.

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