e-Invoicing, or electronic invoicing, streamlines invoice management and simplifies how invoice and compliance documents work together. This helps companies to move away from the traditional use of paper invoices to a digital format, and enables them to stay on top of their cash flow and collaborate with their buyers from any location.

By digitizing invoice data and matching it against contracts, purchase orders, and goods receipts, e-Invoicing reduces the risk of errors and exceptions. When e-Invoices are transmitted over a digital business network and programmed with related document data and business rules, they can be validated automatically before posting for payment.

Peppol is a set of artifacts and specifications enabling cross-border e-Procurement. The use of Peppol is governed by a multi-lateral agreement structure which is owned and maintained by OpenPeppol.

Peppol’s technical specifications can be implemented in existing e-Procurement solutions and e-Business exchange services to make them interoperable between disparate systems across Europe.

It enables trading partners to exchange standards-based electronic documents including e-Orders, e-Advance Shipping Notes, e-Invoices, e-Catalogues, and Message Level Responses over the Peppol network.

Peppol Access Points connect users to the Peppol network and exchange electronic documents based on the Peppol specifications. Buyers and suppliers are free to choose their preferred single Access Point provider to connect to all Peppol participants on the network.

JIFFY.ai enables suppliers and buyers across the globe to connect more efficiently and process payments faster. We can be your single point of reference and analysis for all invoice data globally, help you streamline your Accounts Payable operations across geographies, and achieve comprehensive payments visibility. As various countries are building their own e-Invoicing networks, we are continuously enhancing our product to work seamlessly with all new invoice formats.

How JIFFY.ai enables e-Invoicing

D-I-Y Supplier Portal: Our solution includes a fully customizable supplier portal that brings all users on a single platform, enables validation at source, and ensures significant reduction in time and expense for enterprises and vendors. Suppliers can upload invoice information using templates, key in one-off invoices, and get real-time visibility into invoice and payment statuses without having to contact your Accounts Payable team.

Direct B2B/EDI connections: Your high-volume suppliers can have a direct, B2B integration via EDI or XML, so they can send invoices directly from their ERP systems without any manual effort.

Better adoption through interoperability: Even if your suppliers use other business networks to transmit financial data, they need not switch over. The interoperability feature can help you connect with them seamlessly, which means higher supplier adoption for you.

PDF/Paper invoices: The end-to-end intelligent automation features of our Invoice Processing HyperApp enable your AP team to handle invoices in any formats – PDFs or paper or electronic – without any manual effort. It extracts invoice data from multiple sources, classifies, learns, validates, seeks approvals and posts to downstream applications, thus saving 60-70% of your AP cost.