Electronic Invoicing

It is the first step in digital transformation. This means that information between a supplier (e-seller) and a customer (e-buyer) are sent electronically instead of going through a paper-based process. JavTech’s e-invoicing solution offers a unique data capture service wherein information is extracted from application generated documents and process it straight into the back-office system. The patented automatic data capture technology processes millions of complex documents every month straight into a business’ back-office system without human intervention.

• Faster Processing: Reduce hours and errors. Eliminate data entry and the costly and time-consuming mistakes common to manual invoice processing. With electronic invoicing, suppliers typically submit PDF invoices.
• Reduced Operating Cost: Automating the receipt, extraction and validation of invoice information eliminates the manual keying and paper handling that drives up the costs of most accounts payable departments.
• Increased Visibility & Controls: Electronic invoicing systems provide access to real-time data necessary to control cash flow. Automated solutions offer reporting from specific transactions to big-picture overviews. Managers can see at a glance which invoices have been paid, which are overdue, and what is causing any delays.
• Reduce Paper: Electronic invoicing represents cost savings for the receiving company and trading partners or suppliers. By going paperless, organizations will also reduce their carbon footprint, a point that integrates well into green initiatives popular with consumers.