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Introducing Invoice Shield: the accounts payable automation solution

Posted by Per Holmlund
on 10 okt. 2018

invoice-managment

It's all about efficiency and making the best use of your organisation's time. Today we're announcing the release of Invoice Shield - the fastest way for any organisation to improve and automate invoice management. Without disrupting the current IT stack.

Invoice errors are a massive hidden problem.

How many hours does your organisation spend in correcting invoices and chasing suppliers with credit note requests? How much capital is being lost due to coding errors and poor quality scans?

Well, that is now a thing from the past.

Invoice Shield by Qvalia is a new cloud-based solution enabling automated protection against erroneous invoices and non-compliant suppliers.

With easy-to-use automation features and a rapid set up, Invoice Shield is the fastest way to reduce errors and workload, ensure legal compliance, and increase data quality in accounting processes.

How it works

Easy to use invoice automation featuresAccounts payable teams are empowered with automatic validation of purchase invoices of all formats. Errors won't reach your organisation. 

Suppliers are monitored 24/7 to protect and alert against fraud and credit risks. The registry is always up-to-date so you can spend time on developing your business. 

34 predefined check-points or custom-made rules validates that your transactions meet your requirements, whether they are from a legal or workflow efficiency perspective. It's easy to use, just toggle on or off. No coding is needed. 

What happens to erroneous invoices? They are immediately sent back to the supplier for correction, credit note request or rejection. Simply because your organisation shouldn't spend time doing your suppliers job.

Validation check-points include:
  • Legal compliance
  • Reference
  • Payment terms
  • Project
  • Order number
  • VAT number
  • Corporate tax certified
  • Supplier good-standing status

The solution is easily integrated into any IT environment. The pricing is transaction-based, without hidden fees, and can be cancelled at any time.

Learn more about Invoice Shield.

Mackbook Copy 2

Topics: invoice management, business automation, invoice firewall, invoice shield

Written by Per Holmlund

Marketing at Qvalia.
Qvalia software transaction automation4

E-invoice automation software

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Qvalia transaction automation platform offers a new capabilities in sales and purchase processes. Send and receive e-invoices for free, automate validation and workflows, and realise the benefits of fully data-driven decision-making in procurement.

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