Oracle Fusion Cloud Enterprise Resource Planning (ERP) users can now connect to Basware’s e-Invoice Receiving Recipe through Oracle Integration Cloud. The platform allows users to receive all invoices electronically, no matter the original invoice format. E-invoices are available on the Oracle Cloud Marketplace for Oracle Cloud ERP users. The shift to electronic invoicing brings with it cost savings, higher straight-through processing rates, reduced manual labor and a steep reduction in errors.
“The true power of an e-invoicing network lies in its reach. With this collaboration, it will be easy for a very large group of customers to join one of the world's biggest open e-Invoicing networks. Our ‘open’ approach means that suppliers are not obligated to send through our network; they can use any of the hundreds of global interoperability partners to reach their customers,” Perttu Nihti, Chief Product Officer, Basware says. “This collaboration is an important step to global paperless invoicing.”
- E-invoice receiving solutions include direct e-invoice exchange, interoperability (invoices submitted through alternative platforms), scan and OCR paper invoices, machine-readable PDF invoices and PDF data extraction