It also helps keep your information secured by preventing breaches, protecting your data from leakages, ensuring redundancy, and more. For instance, it allows you to implement a company-wide adoption of just a single procurement, invoicing, and payment solution for a more organized and streamlined workflow. It’s an all-in-one platform that has a load of features to give you total visibility and control over your company’s entire spending activities.

By boosting your spending power and helping you bring expenses down, your business enjoys a higher level of profitability and success. It’s designed for managing every spend-related aspect of your business.

It is perfect for a diverse set of industries including retail, education, consumer packaged goods, hospitality, manufacturing, and nonprofit to name a few. Watch our video to explain how electronic invoices (and purchase orders) work in an e-Procurement system.Coupa is a unified cloud-hosted spend management solution that aims to give its users complete visibility and control of their business expenditures. Contact Us at 1-87 to learn more about e-Invoicing for your buyers. Greenwing Technology supports all e-Invoicing standards so no matter what your buyer uses you know your system can support any format. It is the most involved platform and can be quite time consuming to implement. Electronic Data Interchange (EDI) is an older file format used by the retail, grocery and automotive industry and involves exchanging files via a private network between your system and your buyers’ system.

XML invoices are less common, but frequently found in Oracle platforms.Ī third e-Invoicing option is EDI. Examples of e-Procurement systems that use cXML are Ariba, Coupa and SciQuest. It is the most flexible format and easiest to implement. The most common format for e-Invoices on e-Procurement platforms is cXML. The only difference is that information is sent in an electronic format such as cXML, XML or EDI. It includes invoice numbers, line items, part numbers, prices, shipping and tax. When your buyer uses an e-Procurement system to manage their suppliers you might be asked to submit invoices electronically to their e-Procurement system.Īn electronic invoice is no different in content from a paper invoice. Electronic invoicing for suppliers can mean many different things, but in the e-Procurement world it focuses on cXML, XML or EDI.

Coupa ariba