OpenText is the leading provider of business-to-business e-commerce services. Backed by over 40 years of experience, OpenText’s flexible on-demand model for electronic invoicing enables you to integrate your accounting  systems with your suppliers and customers and achieve compliance with country-specific e-invoicing regulations via a single data process flow without investing in additional software and expensive staffing resources.

OpenText electronic invoicing solutions provide all the foundational components for e-invoicing:

  • Electronic Document Exchange: OpenText enables you and your suppliers to begin exchanging electronic documents quickly, easily and cost-effectively. OpenText will perform the day-to-day management of the program including trading partner on-boarding, change management and ongoing customer support. The service supports all invoice-related documents including credit notes, debit notes and remittance advices. Straight-through processing to accounting systems and multiple networking options enable you to make independent technology decisions.
  • Global Trading Partner Enablement: OpenText can enable you to exchange electronic invoices with trading partners around the world, whether they are located in North America, South America, Europe or Asia. OpenText will manage the community implementation program, saving you valuable time and resources. OpenText offers 20 different methods for creating and sending electronic invoices including Web-based forms, integration with Excel and accounting packages, and ERP system integration. As a result, both large and small trading partners can quickly and easily participate in the program.
  • Regulatory Compliance: OpenText e-invoicing solution includes the technology features necessary to satisfy local government regulations. For example, the service provides the digital signature, invoice images, easily accessible, centralised electronic archive and tax calculation features required in the European Union.  Our service is backed by a team of analysts who are skilled in country-specific accounting, tax and data management so that you receive the appropriate services to help satisfy government policies on an ongoing basis.  This minimises your risk as e-invoicing regulations change.
  • Quality Assurance: Further levels of efficiency can be achieved in your accounting processes using the quality assurance features of OpenText electronic invoicing solutions. These features enable you and your trading partners to share an accurate, up-to-date view of the status of all outstanding invoices. Furthermore, OpenText can eliminate a significant percentage of the research, matching and resolution tasks associated with inaccurate invoices.  Key features include a Web portal providing a shared view of orders and invoices, matching of the order to the invoice to the receipt of goods (i.e. three-way match) and configurable business rules.

OpenText processes more than half a billion invoice transactions per year. OpenText offers unmatched translation and integration capabilities, services hundreds of thousands of businesses in North America, Europe, Middle East, Africa, Asia and Australia and employs a proven five-step process that leads to a successful community implementations, enabling businesses to enjoy the greatest ROI  in the shortest time possible.

The top priority for our technology investments—and core to our mission—is to ensure maximum availability and resiliency of our solutions. We continue to invest significantly to ensure a solid infrastructure that supports your mission critical needs 24×7.

For more information about OpenText visit our website at www.OpenText.co.uk.

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