E-INVOICING (ELECTRONIC INVOICING) SOFTWARE SOLUTIONS
Hassle-free, paperless invoicing from day one
Automate redundant manual entries and accelerate your invoice processing and validation with our E-Invoicing solution
An increasing number of businesses of all sizes are shifting their accounts payable processes toward electronic invoicing (e-invoicing) solutions, thanks to the considerable cost savings, speed, and security that can be achieved.
Corcentric’s E-Invoicing software solution reduces the time commitment, effort, and workload for your AP team while helping it reach new levels of productivity, accuracy, and efficiency.
New Factur-X functionality provides companies an easy way to create hybrid e-invoices that comply with European Union regulations requiring real-time data transmission to tax authorities.
Automate redundant manual entries and accelerate your invoice processing and validation with our e-invoicing solution
An increasing number of businesses of all sizes are shifting their accounts payable processes toward electronic invoicing (e-invoicing) solutions, thanks to the considerable cost savings, speed, and security that can be achieved.
Corcentric’s e-invoicing software solution reduces the time commitment, effort, and workload for your AP team while helping it reach new levels of productivity, accuracy and efficiency.
New Factur-X functionality provides companies an easy way to create hybrid e-invoices that comply with European Union regulations requiring real-time data transmission to tax authorities.
Reduce or eliminate manual labor
Increase financial efficiency and streamline slow manual processes
Improve supplier relationships
Increase supplier loyalty by shoring up your invoicing process for on-time payments
Save time and money
Cost savings from e-invoicing are substantial. If you think that the same old paper invoices and manual processes are working out just fine for your company, think again. Best-in-class AP departments are realizing cost savings of up to 82% per invoice and have cut the time to process an invoice by more than 70% by leveraging accounts payable automation solutions.
Go paperless
It is important to understand that an e-invoice is not a fax, email, or pdf. It’s a fully digital electronic document from the time it’s created straight through to its approval and entry into the company’s ERP or AP system. It’s easy to handle and more secure than paper invoices. E-invoices are submitted via EDI, XML, or via a file from a supplier’s billing system in real-time, and that can translate into significant savings.
Improve agility
If your suppliers still want to submit paper invoices, that’s no problem. We can capture and convert paper to 100 percent electronic invoices at our Invoice Virtualization Center, whether they are submitted via PDF, web, fax, email, or snail mail. Using invoice scanning and double-blind keying technology, we extract 99.95% accurate, standardized invoice data and convert them to a true electronic format.
Save Time + Money
Cost savings from e-invoicing are substantial. If you think that the same old paper invoices and manual processes are working out just fine for your company, think again: Best-in-class AP departments are realizing cost savings of up to 82% per invoice and have cut the time to process an invoice by more than 70% by leveraging accounts payable automation solutions.
Sourcing
Go Paperless
It is important to understand that an e-invoice is not a fax, email, or pdf. It’s a fully digital electronic document from the time it’s created straight through to its approval and entry into the company’s ERP or AP system. It’s easy to handle and more secure than paper invoices. E-invoices are submitted via EDI, XML, or via a file from a supplier’s billing system in real-time. And that can translate into significant savings.
Improve Agility
If your suppliers still want to submit paper invoices, that’s no problem. We can capture and convert paper to 100 percent electronic invoices at our Invoice Virtualization Center, whether they are submitted via PDF, web, fax, email, or snail mail. Using invoice scanning and double-blind keying technology, we extract 99.95% accurate, standardized invoice data and convert them to a true electronic format.
Transform your AP efficiency with e-invoicing
Our E-Invoicing solution improves your business
Save money without sacrificing key details and processes. Processing invoices manually wastes valuable time that your team can use to better serve your company’s strategic needs. But giving up manually handling invoices doesn’t mean you give up control.
E-Invoicing software enables you to:
- Define the allowable parameters and thresholds for invoice conversion
- Ensure your invoices are within your internal parameters
- Generate audit trails quickly to reduce audit cycle time
- Ensure compliance with Sarbanes-Oxley, European Union, and other tax regulations
- Configure your invoicing rules to fit your specific business’s needs, no matter the complexity
- Set a maximum freight charge before the invoice requires additional approval
- Enable your suppliers to raise prices on commodities based on market changes
- Archive all your invoices so documents can be retrieved with a click
Electronic invoicing software by the numbers
59%
lower exception rate is experience by best-in-class companies
67%
of organizations are adopting Electronic Invoicing Solutions
$9.40
is the average cost to process a single invoice
SOURCE: ARDENT PARTNERS' 2025 AP METRICS THAT MATTER
E-Invoicing Solution FAQs
E-invoicing is the exchange of an electronic invoice document between a supplier and a buyer. An e-invoice is not a fax, email, or PDF. It is a fully digital electronic document from the time it is created straight through to its approval and entry into the ERP or AP system.
By removing paper invoices from the process, you eliminate the need to manually receive, upload, organize, and store each invoice. Our paperless invoice system gives you 24/7 real-time visibility into payment status, so you also eliminate the manual task of searching for paper invoices when replying to inquiries from suppliers or internal stakeholders. Eliminating manual data entry and other manual tasks can help companies realize up to 82% cost savings per invoice and gain greater control over cash flow.
When talking about a true e-invoice (or electronic invoice), you do not directly create the invoice. If your supplier is working within the digital invoicing system, as soon as the supplier receives your purchase order in the supplier portal, that supplier flips that purchase order to turn it automatically into an e-invoice. If your suppliers send invoices in other formats, Corcentric will capture and convert paper to 100% e-invoices at our Invoice Virtualization Center.
No. Some of your suppliers will still insist on using paper invoices. Although it will benefit suppliers to transition to e-invoicing, Corcentric will take supplier invoices, whether they are submitted via PDF, web, fax, email, or snail mail. We then capture and convert paper to 100% electronic invoices at our Invoice Virtualization Center. Corcentric will help onboard your suppliers’ accounts receivable team explaining how e-invoicing could help lead to early payments.
Yes, we can accept any format. E-invoices can be submitted in real-time via EDI, XML, or via a file from a supplier’s billing system. Our E-Invoicing software enables you to configure your invoicing rules to fit your specific business’s needs. No matter the complexity, you get the data the way you want it so you can process it.
A major benefit of e-invoicing is the visibility provided, so by digitizing invoice data, accounts payable (AP) can match the invoice against purchase orders, contracts, and goods received data. Streamlining the whole process eliminates time-consuming bottlenecks, including time spent on manual matching and tracking down approvals. It also eliminates duplicate payments and reduces the chance for fraud.
We are focused on customer success; to help ensure that, here is a list of suggested resources that can help you achieve your business goals.
The business case for the enhanced user experience (UX) of e-invoicing
Converting your customers to e-invoicing
How to ease a cash crunch with e-invoicing
Corcentric Conversations: e-invoicing, cash flow & business resilience
Travelport: Global Efficiency with Automated e-Invoicing
Resources
Our latest insights
Case Study
Peak Cashflow Saves Time and Money by Going Digital
After moving to electronic format statements, Peak Cashflow has seen a 10% saving after just 16 weeks, with is expected to increase as more recipients go digital.
White paper
Converting Your Customers to e-Invoicing
This guide sets out the steps we take and how we make the switch to e-invoicing a compelling proposition for the vast majority of users.
Report
Simplifying e-Invoicing and Electronic Document Distribution
How Corcentric EIPP can help businesses quickly and easily deploy, manage and maintain class-leading e-invoicing and electronic document distribution. Taking the leap has never been easier.