Accounts Payable Automation and E-Invoicing Linkages – Receiving Jason Busch - August 4, 2015 6:45 AM | Categories: Accounts Payable, Invoicing, Research Download, Technology | Tags: L2, Technology Accounts payable (A/P) automation programs always begin with the setup or enrollment of existing and new suppliers. Such efforts involve gathering supplier information to capture and maintain accurate vendor file data. E-invoicing can play a major role in this effort and can in fact be the service that drives supplier setup as part of broader A/P automation programs. The next element of A/P automation is receiving. E-invoicing can help with receiving based on pre-validations that occur before an invoice hits any type of internal buyer system. Key activities here include: Receiving invoices: These can include paper, scanned or truly electronic invoices Internal opening and routing of invoices Entering information to indicate the receipt of documents or the automatic entry of information tied to an invoice Pre-sorting of invoices Physical delivery, if applicable, of invoices or invoice information Imaging where necessary When companies put in place an A/P automation program, they often pay quite a bit of attention to the receipting process – both from current and desired state perspectives. But it matters for e-invoicing as well. For further background on the topic, we encourage you to download the paper, Understanding How E-Invoicing Fits, from the Spend Matters research library. (Note: The paper is available for free download for a limited period of time.) This post is based on content in the Spend Matters Perspective: Understanding How E-Invoicing Fits. Authored by Spend Matters Founder and Managing Director, Jason Busch, with input and guidance from Trade Financing Matters’ David Gustin, it provides a foundation for organizations considering or already implementing an electronic invoicing (e-invoicing) or purchase-to-pay (P2P) program. Related ArticlesE-Invoicing Discovery Questions: Where to BeginDoes the Middle Market Understand how E-Invoicing Fits?Fitting the E-Invoicing, Supplier Networks Peg Into the Right Procurement Holes5 Catalysts for Third-Party Funding of E-Invoicing Discuss this: Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Notify me of follow-up comments by email. Notify me of new posts by email.