Manufacturers operate at a global scale, navigating a complex web of regional trading and financial regulations. Increasing global disruption has forced a need for greater business agility and supply chain resilience. Manufacturers must be able to trade with suppliers quickly and effectively, driving a sharpened focus on digital transformation.
Compliant e-Invoicing for Global Manufacturing solutions reduce costs, human errors and resource strain through automation while maintaining compliance with government tax mandates.
Impact business and achieve better results.Read the overview
Improve tax auditing efficiency and ensure regulatory compliance with archiving that supports auditor access and review of archived e-invoices.
Reduce invoice exceptions, rejections, penalties and costs at scale while creating opportunities for early payment discounts.
Digitize and automate Accounts Payable/Accounts Receivable processes to better manage and improve cash flows with customers and suppliers.
Eliminate paper invoices sent via mail, fax, or email to reduce interception, fake invoicing and theft risks.
Manufacturing companies want to compete globally. As more countries’ tax authorities mandate e-Invoicing, companies that still rely on paper-based invoice processing will be left behind. Modernize and automate invoice processes to stay competitive.
Expanding into new markets increases invoice volumes. This puts strain on finite resources and risks errors, late payments and delays. Leverage scalable e-Invoicing to support evolving business needs.
Every country has its own regulations. Manually keeping track and staying compliant with them all creates huge resource and cost burdens. Implement an e-Invoicing solution that meets mandates around the world.
Organizations need to be prepared for tax audits. The process is often exhausting, with finance departments devoting extensive time and resources gathering relevant information. Efficiently collect and upload audit evidence.
OpenText offers a broad set of capabilities to empower Manufacturing with compliant e-Invoicing:
OpenText Consulting Services combines end-to-end solution implementation with comprehensive technology services to help improve systems.