Supplier Self-Service Invoicing
When you have thousands of low invoice volume suppliers, creating process change can be like herding cats. Simplicity and ease of use are critical when driving adoption. With Taulia’s self-service invoicing, suppliers can quickly and easily submit invoices by flipping purchase orders, completing a simple online form or uploading a batch of invoices in CSV, PDF or TIFF formats.
Through a unique partnership with Google that uses its latest document understanding machine learning, invoices are read and parsed directly to your ERP systems. You can achieve 100% electronic invoicing without requiring changes in your suppliers’ behavior.
With high volume suppliers, processing thousands of invoices per year is an onerous task. Taulia supports numerous system-to-system communication formats such as EDI and XML that completely remove the human involvement in the process for both you and your supplier.
Increase your discount opportunities and reduce the total cost of your invoicing solution
Automating invoice data capture means you’ll be able to accelerate invoice approval times. With faster approval, you can capture lost early payment discount opportunities. For many Taulia customers, these savings allow them to more than cover their invoice automation costs, turning accounts payable into a profit center.
Combining invoice automation with Dynamic Discounting makes this a reality. Through the same platform, suppliers can advance payment as soon as the invoice is approved. The earlier the payment, the greater the discount.Dynamic Discounting