Make sure only high-quality data enters your AP process – now it all just happens.
Our Invoice Enrichment solution makes life easier for AP teams, letting them easily check, improve, and enhance invoice data before smoothly integrating it with any ERP or AP system. With Invoice Enrichment, AP teams get a complete view of incoming invoices from all sources, ensuring only top-notch data flows into the AP process.
Finance teams handling multiple ERP or AP systems often face challenges in keeping track of various invoice channels. Basware's Invoice Enrichment tackles these issues head-on, giving you the tools to streamline your processes. Watch our short video to learn more about this exciting new feature.
Basware Invoice Enrichment offers AP teams the ability to verify, add, and enrich invoice data before it enters any ERP or AP system. Gain oversight of all incoming invoices across various channels and effortlessly enhance them to ensure only high-quality data flows through your AP process. This is your gateway to touchless invoice processing. As part of our comprehensive AP Automation solution, it paves the way for fully automated operations, incorporating advanced functionalities powered by AI/ML technology.
Join the industry leaders in transforming your AP processes and driving significant cost savings through proactive data management.
Reduce risks proactively by implementing measures to block invalid invoices from entering your systems, ensuring a robust audit trail for all activities. This approach not only safeguards your processes but also enhances transparency and compliance, providing peace of mind for your AP operations.
Optimize your invoice data quality by proactively addressing discrepancies using advanced enrichment rules right from the start. Set up customized rules that catch potential issues early in the process, ensuring that your invoice data is consistently accurate and reliable.
Boost your oversight and command with company-wide dashboard views showcasing incoming invoices. Take charge of invoice data quality and guarantee that only accurate invoices make their way into your AP systems.
Streamline your operations effortlessly with touchless invoice processing, significantly reducing manual errors and the need for costly corrections, improving overall efficiency in your AP processes.
Minimize invoice touchpoints, eliminates payment delays, and reduce the workload on AP team to allow them to focus on higher-value tasks while gaining early visibility into document progress and control.
Effortlessly integrate with external systems and deliver a secure and fast integration experience while ensuring seamless connectivity and data integrity
Globally operating organizations with a desire to harmonize invoice processing across all locations
More than 50.000 invoice transactions per year, across multiple formats (for less invoices, see P2P for Mid-Market solutions)
Finance Shared Service Centers with a need for speed
Multi-ERP environments by integrating with any ERP
89%
Touchless processing
99.7%
Electronic Invoicing
85%
Paid on time
Our solution eliminates manual handling and streamlines efficiency, reducing human errors in invoice processing workflow. This translates to faster, more accurate operations and improved overall efficiency.
We ensure top-tier data quality to guarantee error-free processing, minimizing the risk of any processing issues. Your organization benefits from consistently reliable data, leading to smoother operations and increased visibility for trustworthy decision-making.
Our solution supports verifying legal requirements for compliant invoices and reporting towards government portals. Lack of control over invoices exposes companies to large losses from incorrect charges. Disputing discrepancies early on yields major cost savings compared to correcting issues downstream.
Since day one, we've perceived the desired values from the project. The quality of invoices has improved considerably, and the AI continues to evolve and improve with each passing day.
96% of invoices are sent as e-invoices
Substantial savings at transaction level, faster invoice capture, better electronic data quality and greater transparency.
We needed a solution that was compliant in the many countries we operate in. In addition, we needed the solution to be highly flexible when it comes to connectivity with other e-Invoicing platforms, so we could use the same provider in every country and region to serve all of our customers.
Cutting-edge technology powered by AI & ML that eliminates all manual processes
Global compliance capabilities and the ability to integrate with 250 ERPs across more than 190 countries
40 years of specialized experience implementing best practices and reducing risk across finance operations
Book a consultation call with our solutions experts to discuss the benefits of Basware Invoice Enrichment.
