Paper invoices are the enemy of efficiency. With electronic invoicing, you can eliminate time-consuming errors and supplier inquiries, along with overpayments and missed discounts. But many e-invoicing solutions just present bad invoices to you faster, and do little to enroll your suppliers in an efficient, automated process.
Choose Ariba Invoice Management, powered by Ariba smart invoicing.
What's smart invoicing? Upon submission, e-invoices undergo an automated validation process. When a mistake is detected, the supplier is immediately notified so they can correct and resubmit the invoice. Validated invoices are posted directly to your ERP or payables system for on-time payment and discount capture. No more paper shuffling or manual exception handling. That's smart.
And there's more. Online dashboards that eliminate supplier phone calls. Conversion services for scanning and converting paper invoices to an electronic format. Enablement services to help you onboard suppliers. And integration with the Ariba Network, already used by more than 730,000 suppliers from around the world.
Not only does Ariba provide you with the strongest foundation for your global e-invoicing program, but you'll also enjoy 98% touchless processing, 70% lower costs, efficient supplier collaboration, and more discounts. No wonder we're the leader in payables automation.
Learn how you can...
Gain total supplier participation.
You can work with Ariba to quickly connect to existing Ariba Network suppliers and onboard new suppliers, or use tools to manage the process on your own. If enrolling a supplier in your e-invoicing program is ever a challenge, you can let Ariba do the heavy lifting. We offer proven expertise in supplier enablement, including outsource–service capabilities and self-service tools that can automate the process for any supplier–regardless of their size or location. And if any suppliers continue to send you paper invoices, you can still meld them into your program using Ariba Invoice Conversion Services.
Virtually eliminate paper handling, exceptions, and supplier inquiries.
Using more than 60 user-configurable business rules, Ariba smart invoicing automatically validates PO and non-PO invoices, and can match them to purchase orders (for PO-based spend), contracts, and goods receipts before posting for payment. With this approach, along with Ariba Invoice Conversion Services that convert paper into an electronic format, you can achieve close to 100% touchless processing. (Compare that to other scanning or network approaches that tout a 60% maximum efficiency.) Plus, online dashboards give suppliers self-service visibility into approvals, payments, rejected orders, and more, drastically reducing the time your team spends fielding supplier inquiries.
Maintain or extend DPO while achieving virtually 100% on-time payment.
With Ariba smart invoicing driving efficiency in your automated payables processes, you won't have to compromise Days Payable Outstanding (DPO) ever again. You'll be able to reliably pay invoices on their due date, rather than upon receipt. This will maximize your DPO without risk of incurring any late payment fees. And while your suppliers can comfortably forecast the timing of your payment, they also have the option to offer you a discount in exchange for earlier payment.
Reduce supply risk.
You can reduce your supply risk with Ariba Invoice Management, as its automated efficiencies can help your suppliers improve liquidity. By implementing Ariba's e-invoice process, suppliers reduce their DSO by five days, on average. Ariba's solution improves supplier visibility, connectivity, and collaboration capabilities, which lowers the risk of supply disruption. Ariba also offers other solutions that can bolster your suppliers' liquidity. Read more about Ariba Supply Chain Finance, Receivables Financing, and Discount Management.
Expand coverage to global e-invoice operations.
Ariba's e-invoicing solution supports global paperless operations through the Ariba Network. Network trading partners conduct an annual transaction volume of more than $160 billion in 70 currencies, with a comprehensive set of capabilities that include digital signature authentication and VAT/tax compliance. What's more, Ariba offers Tax Compliance Country Guides for more than 36 countries. You can also choose the best document archiving approach for complying with various global e-invoice regulations.
Ariba Invoice Management is delivered through the Ariba Commerce Cloud, a web-based utility that contains everything you need to engage in more collaborative commerce. This includes solutions for a range of spend management capabilities—such as procurement, sourcing, and supplier management—as well as collaborative finance management. Whether you're buying, managing cash, or selling, you can do it better in the Ariba Commerce Cloud. Learn more.
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