Are you ready for automated e-processing? While new rules may force you to, isn’t it better to see the benefits and the rapid return on investment such systems can offer?
There is a new EU Directive 2014/55/EU which comes into effect in November 2019 requiring all Scottish public bodies to be able to accept electronic invoices from suppliers. That, of course, assumes we’re still bound by EU regulations in 2019 but let’s not go there just now!
We have successfully implemented a variety of solutions for streamlining this process with our Microsoft Dynamics NAV customer base. Solutions range from Draycir’s Spindle product to EDI products from companies such as Open Text GXS and document scanning and processing solutions from Continia
One of our larger clients provides electronic document transfers in and out for all of its customers and suppliers, with the 3rd party being permitted to use whichever solution it prefers. NAV is so ‘open’ a solution, that the method of interfacing documents such as sales orders, purchase orders, invoices, statements, remittance advices and so forth is well-nigh irrelevant. So whether they want to use EDI, XML or just send in a spreadsheet, the data s passed electronically into NAV, validated and processed.
In other scenarios, documents can be received I the post and scanned, or a scanned document received in an email attachment, validated and processed into NAV.
If this impacts your business, or you would just like to investigate what an e-processing system can do for you, please get in touch.