e - Invoicing

DCS e-invoicing solutions help overcome supplier resistance to paperless invoicing and streamline the payments process.

Suppliers benefit from e-invoicing by receiving faster invoice processing and better feedback plus buyers can significantly reduce the costs of scanning and data entry.

What is e-invoicing?

Electronic invoicing or e0invoicing is the electronic conversion and transfer of invoicing information (billing and payment) between business partners (supplier and buyer). This eliminates the need for paper invoices, which are manually and resource intensive to process.

The European Commission calls e-invoicing:

"an essential part of an efficient financial supply chain that links the internal processes of enterprises to the payment systems... with the savings estimated at around EUR 64,5 billion per year for businesses."

Advances in e-invoicing technology now mean your company can easily streamline your accounts payables systems using either a dedicated in-house solution or outsourced e-invoicing system.

According to Zona Research most organisations who use invoice automation recoup their investments within six months.

DCS e-invoicing key features

Creating and sending invoices -

Free print plug-in you can send to your suppliers which automatically then re-directs e-invoices to you instead of paper ones.
Easy to install and suitable for even the smallest of your suppliers.
No cost or effort involved by suppliers, which promotes rapid uptake.
Automated send and receipt confirmation
Supports multiple electronic formats like XML or EDI
DCS proprietary tool – Filestore captures and processes information from pdf attachments. Therefore, you can easily convert invoices received as pdf attachments from suppliers to a more usable digital format.
No requirement for key entry as invoice data is already in electronic format for easy matching.

Receiving invoices -

Supports multiple electronic formats like XML or EDI
DCS proprietary tool – Filestore captures and processes information from pdf attachments. Therefore, you can easily convert invoices received as pdf attachments from suppliers to a more usable digital format.
No requirement for key entry as invoice data is already in electronic format for easy matching.

In addition, by subscribing to our saas e-invoicing solution (software as a service) you can easily bring your suppliers on board by eliminating the need for any installation.

SaaS e-invoicing also saves you from spending on infrastructure plus any fluctuations in transactional volumes don’t affect your costs as you only pay for what you process with no overheads.