E-invoicing, in other words, receiving, processing and storing invoices in a data file (XML), offers many advantages over paper invoices and PDF invoices. Nevertheless, the adoption of e-invoicing is slow and 90% of all invoices in the world are processed manually.
In order to speed up the adoption, the mutual dependency will have to be lifted. Basware delivers with the Basware Network the largest and fastest growing network in the world where any-to-any conversion of invoices and orders takes place.
Suppliers can send their invoices in any format to the Basware Network. In this network, invoices are converted into a standardized data file that can be processed directly in an accounting package or purchase to pay system.
The network works in two directions. This makes it suitable for purchase to pay automation as well as order to cash automation.