Transforming Your Invoice Processes
Latest report from Transalis, demonstrating how automating invoice processes can transform business efficiency.
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How can eInvoicing improve business invoice processing?
The report sets out how moving from manual to digital invoicing improves business processing: fewer errors through immediate data validation, faster payment cycles, more time for finance teams to focus on higher-value work, and better alignment with growing international tax reporting requirements. It sits alongside independent research showing that eInvoice exchange volumes are expected to keep growing over the coming years.
Challenges imposed on enterprise as a result of Brexit and the pandemic have forced the hands of many businesses to adjust their strategies in order to remain agile and resilient
As a result, many have been turning to more automated business processes, including eInvoicing, in order to efficiently manage their supply chains and meet cross-border requirements.
In our latest report, we identify several key areas where eInvoicing can benefit businesses today:
- Increased ROI: achieve up to 60% ROI over manual processing of invoices
- Data accuracy - eInvoicing enables immediate data validation, reducing errors and speeding up the payment process
- Higher staff productivity: redirect AR and AP teams to higher-value tasks and projects
- Future-proof tax reporting: meet the growing international eInvoice requirements
“According to a recent report by business analysts Billentis* the volume of eInvoice exchanges is expected to quadruple by 2035.”
To learn more about how eInvoicing works and how it can benefit your business, download the full report: Transforming your invoice processes.
Frequently asked questions
- What does eInvoicing do for invoice accuracy?
eInvoicing enables immediate data validation as documents are exchanged, which reduces manual keying errors and speeds up the overall payment process. Because data is checked automatically rather than rekeyed by hand, businesses gain more accurate records and fewer delays caused by queries or corrections further down the line.
- How does eInvoicing change the work of finance teams?
Digitising invoice processing reduces the volume of routine manual work finance teams handle, freeing them to focus on higher-value tasks and projects rather than data entry and paper chasing. This shift is one of the benefits the report identifies for businesses that move from manual to automated invoice processing.
- Why does eInvoicing matter for international tax compliance?
Governments in a growing number of countries are introducing eInvoice requirements as part of their tax reporting rules, and businesses that already exchange invoices digitally are better placed to adapt as these requirements evolve. The report frames future-proof tax reporting as one of the key reasons to move to eInvoicing now.
- Is demand for eInvoicing expected to keep growing?
Yes. Independent analyst Billentis has reported that the volume of eInvoice exchanges is expected to quadruple by 2035, reflecting wider international adoption of digital invoicing and tightening tax reporting requirements. This growth is one of the trends covered in the report.
Ready to discuss more?
Talk to our specialised team who will work with you to find the best solution to meet your business needs and future-proof your supply chain. Book a meeting, give us a call, or email us directly.
Read next
- 5 February 2025VAT Mandates: How we implemented eInvoicing for this multinational retailerIn his final blog of the ‘VAT mandates’ series, Transalis eInvoicing specialist, Nathan Roe, explains how we deliver our eInvoicing…Read more
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- 20 September 2023Electronic invoicing softwareElectronic invoicing software can help resolve the issues commonly associated within the AP and AR functions. Find out more.Read more