There are no defensible valid, commercial or legal reason to retain a paper based accounts payable process. Going paperless will transform your business. Every invoice is captured on receipt and the exact status of each transaction is instantly available to everyone who needs to know. Compleat already processes over £1.5bn per annum of invoice value for our Compleat Enterprise customers and this continues to grow rapidly.
Compleat processes supplier e-Invoices (EDI), output from OCR applications, emailed PDF, Word, Excel, text transactions, .htm / .html and ZIP files and scanned paper invoices – in other words, every invoice format. This includes single PDF’s that include multiple invoices, multiple page invoices, foreign currency and language invoices and dozens of other variations on the theme. When we encounter a new format, it is simply added to the list of supported documents, without your intervention and without cost to you. The more we add, the better our service becomes for all.
The Compleat e-Invoicing process is designed to deliver 100% accuracy for every transaction processed. This is achieved by a thorough and comprehensive validation process that includes over 20 different activities, from simple ones such as do the Net VAT and Gross values reconcile, to more sophisticated tests such as whether the bank account details (account and sort code) match those held within your accounting software. Our methodology is far more robust and thorough than your current manual data entry process, significantly reducing the likelihood of a mistake and proactively protecting against fraud.