Invoice validation

met ICreative Validation Service 

The automatic processing and approval of an invoice can cause problems if the information on the invoice regarding the supplier is incorrect. Thanks to the ICreative Validation Service, invoices are validated and enriched to ensure smooth processing.

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What is it

An invoice received from a supplier can cause problems for processing it in an automated manner. Key invoice information might be missing or the information conflicts with information that is retrieved from master data in ones ERP. With the ICreative Validation Service, invoice data is validated with relevant data sources and optionally enriched as well. Depending on what is missing or conflicting, automated follow-up steps can be defined.

Why use it

Data validation
Validation of data implies comparison of invoice data (or other types of transactional data) with data collected from other sources, such as master data stored in an ERP database, or data obtained from external sources, such as the Chamber of Commerce or the VAT database of the European Commission. Such comparison ensures the invoice data can be trusted and is valid for further processing. A distinction is made between:

  • Standard functionality: which can be made available by means of configuration within the Validation Service
  • Suggestions for functionality: which can be developed easily and quickly by ICreative

 

Data enrichment
Data enrichment implies the addition of useful data to a set of existing data, or a correction of existing data with up-to-date data. A distinction is made between:

  • Standard functionality: which can be made available by means of configuration within the Validation Service
  • Suggestions for functionality: which can be developed easily and quickly by ICreative

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Specifications

  • The ICreative Validation Service is designed as a modular platform; the standard functionality is configurable and new (customer-specific) functionality can be added quickly and easily.
  • The ICreative Validation Service is offered as a cloud / SaaS service, which means that invoices received from suppliers, as well as other types of data and communication with suppliers, must be securely accessible via the Internet for the SaaS platform, for example via web services or SFTP.
  • The ICreative Validation Service is offered in a pay-per-use model. Costs are based on the applied operations that are performed on invoices.onally enriched as well. Depending on what is missing or conflicting, automated follow-up steps can be defined.

Contact us for details

We have been a trusted value-added reseller of Basware for the past 15 years, with vast experience implementing and supporting its solutions across the globe. Contact us to discuss the possibilities.