Electronic invoices

Integrate e-invoices within your AP automation with ease

Streamline invoice processing for all types of invoices – electronic, paper, PDF.
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What is e-invoicing?

Electronic invoicing (e-invoicing) is a digital way of sending and receiving invoices between suppliers and buyers. Unlike PDF or paper invoices, e-invoices are structured data files (usually in XML format) that can be automatically processed by software systems.

Many countries around the world are adopting e-invoicing to reduce tax fraud, improve efficiency, and promote sustainability. In the European Union, e-invoicing is mandatory for public sector transactions, and some countries have extended this requirement to the private sector as well. Businesses that deal with cross-border trade need to comply with different e-invoicing regulations in each market and a multitude of standards such as ZUGFeRD / Factur-X, XRechnung, FatturaPA, FacturaE, Svefaktura, UBL (Universal Business Language), and PEPPOL BIS Billing.

Integrating e-invoices into AP automation

By integrating e-invoicing into AP automation, businesses can benefit from faster and more accurate invoice processing, lower operational costs, higher compliance and security, and better cash flow management. ABBYY's purpose-built intelligent document processing (IDP) solutions enable businesses to handle any type of invoice, whether electronic, paper, or PDF, within one single platform. ABBYY IDP leverages artificial intelligence to extract, normalize, and validate data from invoices, and seamlessly integrate with ERP systems via API.

With ABBYY IDP, businesses can easily adhere to obligations to accept and process electronic invoices while remaining equipped to handle the complexity of international trade.

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Efficient invoice processing in a unified workflow

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Streamlined invoice processing
Process all incoming invoices—electronic, paper, or PDF—and normalize data for downstream ERP systems in one single flow.
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AI-based AP automation
Achieve high rates of touchless invoice processing thanks to purpose-built AI models, optimized to process any invoice, any format, any language.
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Compliance with e-invoicing mandates
Adhere to imposed obligations for accepting electronic invoices alongside “traditional” invoice formats such as paper and PDF.
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Easy connection to your business ecosystem
Ingest invoices from your preferred input channel. Feed extracted data seamlessly into your preferred ERP via simple API.

Processing e-invoices with purpose-built AI

Any invoice type, any format: one streamlined process
Effortless ingestion of e-invoices from any source
Compliance with global e-invoicing standards
Design custom models to support more standards
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Data validation based on business rules
Human in the loop (HITL) verification
Data export and archiving

How does e-invoice processing work?

  • Ingest invoices
  • Extract and validate data
  • Export to ERP

Ingest invoices

Electronic invoices can be received and ingested into the ABBYY intelligent document processing (IDP) solution through various channels—API, email, file share—depending on the size of an organization, type of supplier, or use of third-party spend management platforms or e-invoicing platforms.
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Extract and validate data

AI models purpose-built for invoice processing will automatically detect the e-invoice standard that is used and will extract the data from the structured format of the invoice into the relevant data fields. Data matching and data validation rules will check and flag any missing or incorrect information. Any issues or outliers can be routed to a manual verification step for further review.
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Export to ERP

 
The extracted data will then be passed onto an ERP system of choice in the same flow and structure as with any other invoice type that is being processed.
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FAQ

What is electronic invoicing (e-invoicing)?
What are the most common e-invoicing formats and standards?
How does ABBYY IDP help with e-invoicing?
Is electronic invoicing mandatory?
What are the benefits of using IDP for processing e-invoices?

Request a demo today!

Schedule a demo and see how ABBYY intelligent automation can transform the way you work—forever.

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