Transform Your P2P Process With Invoicing Automation
Our Invoicing solution removes time-consuming, manual tasks, and the business costs associated, by automating the processing of invoices and credit notes from your suppliers as part of your Purchase to Pay process.
Invoice data is extracted with 100% accuracy, then enriched and made available in your ERP, delivering an efficient, end-to-end digital process that is aligned with net-zero goals and supports businesses with their Prompt Payment commitments to suppliers.
Key benefits of Open ECX Invoicing
Drive Efficiency and Accuracy
100% data accuracy and automated workflows for
error-free and efficient accounts payable processing.
Seamless ERP Integration
Our flexible AP automation software works with your existing systems for immediate impact and efficiency gains.
Rapid Onboarding
Our dedicated team gets your suppliers set up quickly, maximising your ROI.
Pay Suppliers on Time
Accelerated processing supports prompt payments. No system changes are required for your suppliers.
Sustainability and Efficiency
Embrace eco-friendly digital invoicing and streamline your procure-to-pay operations.
Fraud Detection
Bank detail verification and automated matching to safeguard your finances.
Native Cloud Platform
Fully scalable SaaS solutions, architected in Azure with high availability.
Customer-Centric Support
Our support team is dedicated to delivering outstanding levels of customer service.
Our customer community
How invoice automation can benefit your business
Open ECX's Invoicing solution isn't just about efficiency; it's about transforming your entire Accounts Payable function for better business results.
Finance & AP Team Efficiency
Eliminate time-consuming manual data entry and invoice handling with our AP automation software. 100% data extraction accuracy frees your teams to focus on strategic analysis, not error correction, and customisable workflows facilitate escalation and approval so finance teams can manage invoice processing with minimal intervention.
Strengthen Supplier Relations
There’s no need for your suppliers to change their invoicing processes – our system works with their existing formats and ways of working with no cost to suppliers, driving high adoption rates. Invoice queries are resolved quickly, before supply chains are impacted, supporting prompt payments and helping to strengthen your supplier relationships.
Seamless ERP Integration
Automated invoice processing integrates seamlessly with your ERP, driving better data quality for the entire organisation and creating a real-time flow of data throughout the invoicing process to complement your ERP investment. This single source of truth for invoices ensures accuracy of data to inform better decision-making, stronger forecasting, and an enhanced bottom line.
Support Prompt Payment
The digital solution introduces a streamlined way of working, speeding up processing times and achieving 100% data extraction accuracy through our technology, helping to meet payment deadlines, and supporting businesses in delivering on their commitment to the Prompt Payment Code.
Scalability That Grows With You
Your business grows, and Open ECX's Invoicing solution grows with you, handling increased invoice volumes with ease so you can scale to suit your business requirements without altering headcount. With advanced 3-way matching and intelligent error capture, you are in complete control of your procure-to-pay process.
Key features of Open ECX Invoicing
Line-Level Detail
Capture
Easily extract essential data with 100% accuracy.
Intelligent Data Enrichment
Enhance inbound data to meet ERP requirements.
Configurable Business Rules
Capture problematic transactions before they reach your ERP.
Automated 3-Way Matching
Validate invoice data against related POs and GRNs.
Flexible Approval Workflows
Tailor your multi-level approval hierarchies.
PO and Non-PO Invoice Support
Comprehensive invoice coverage and support of all invoicing scenarios.
Customer Case Studies
Our customer case studies provide a window into the real-world successes achieved through partnerships with Open ECX. From significant cost savings and efficiency improvements to strategic supplier relationships and streamlined operations, these case studies showcase the transformative effect our solutions have on businesses just like yours.
Resources
Open ECX win ‘Development Team of the Year’ at the Business UK Awards
Open ECX Bolsters Team Amid Expansion Into New Sectors
Arco Chooses Open ECX to Automate Order Processing
Open ECX partners with K8 to further digitise the supply chain
