Advanced Cloud Invoicing enables low cost, paper-free and ‘supplier friendly’ invoice processing
Advanced Business Solutions (Advanced) today announces the launch of Advanced Cloud Invoicing, a low cost electronic invoicing solution that is hosted within the Cloud. This solution automates the processing of purchase invoices and because it is fast to deploy and is free for suppliers, common barriers to e-invoicing adoption are removed.
Advanced Cloud Invoicing eliminates the time and costs associated with paper-based invoice processing, including the manual keying-in of invoice data. Unlike most competitive products, Advanced Cloud Invoicing electronically processes and then automatically stores the invoices by using integrated document imaging technology powered by Version One. This allows customers to have instant access to all processed invoices directly from their finance system.
Dean Dickinson, Managing Director of Advanced Business Solutions (Public Sector and Enterprise Division), says, “Advanced Cloud Invoicing is a quick and easy way for organisations to process and store all their invoices electronically. As the solution is hosted in the cloud, customers can be up and running within days. It is also free for suppliers and does not require new ways of working due to it leveraging common technologies, enabling all types of organisation to benefit from this smart, low cost solution.”
Using Advanced Cloud Invoicing, the supplier sends a text PDF invoice to a designated email address. The PDF invoice is automatically detached from the email and all the invoice data is extracted. This data is then converted into an eInvoice that the customer’s finance system can interpret and validate.
The validated eInvoice data is automatically loaded to the finance system’s invoice register whilst at the same time, a copy of the original PDF invoice is stored in the central electronic archive. All stored invoices are linked to the relevant transaction records in the invoice register. These can be instantly retrieved directly from the finance system.
Dickinson adds, “With Advanced Cloud Invoicing providing both customer and supplier benefits including cost savings, reduced time-consuming administration, greater visibility and control over the invoicing process and timelier supplier payments, there really is no excuse for organisations to continue to struggle processing paper invoices!”
Notes to Editor
About Advanced Business Solutions www.advancedcomputersoftware.com/abs
Advanced Business Solutions (Advanced) provides leading integrated business applications and services that enable public, private and third sector organisations to retain control, improve visibility and gain efficiencies whilst continually improving corporate performance. Advanced prides itself on getting close to its customers by understanding their businesses and responding to their evolving needs.
Advanced’s software systems comprise core accounting/financial management, procurement, human resource and payroll systems, integrated with a range of collaborative, document management and business intelligence solutions to extend the value and effectiveness of the finance, human resource and payroll departments. These can be delivered as a managed or bureau service.
Customers are from both the public and private sectors and include Companies House, Newcastle City Council, WH Smith, Royal Bank of Scotland, Aer Lingus, National Express Group, DFS, RSPB and Great Ormond Street Hospital for Children NHS Trust.
Liz Ebbrell and Angela Mycock, Advanced Computer Software Group
+44(0)1625 856505 or 07887 415 232
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