eInvoicing is the digital exchange of invoice information directly between buyers’ and suppliers’ financial systems, even if these systems are different.
C9 eInvoicing
powered by C9 Transact
Cumulo9 has developed an eInvoicing solution that is powered by our C9 Transact engine.
First Up - What is eInvoicing?
What are the benefits of eInvoicing?
eInvoicing makes doing business smoother, faster and safer. With less manual handling and processing, it can reduce admin, errors and delays – and importantly - it helps speed up processing and payment improving business cash flow.
C9 eInvoicing - powered by C9 Transact
Cumulo9 has developed an eInvoicing solution that is powered by our C9 Transact engine. C9 eInvoicing can easily translate any data feed from large volume billers (utilities, telcos, insurance, finance, etc.) into Peppol transactions. Working with our partner ValtaTech (Procure to Pay specialists), who are an MBIE and ATO accredited Access Point Provider, these transactions are securely sent to the receiver. Access point providers provide secure gateways to connect billing businesses via the eInvoicing network to their buyers / bill payers. Check out our eInvoicing product guide for full details on this solution.
Workflow for a Cumulo9 managed service
MORE THAN JUST EMAIL
The benefits
Faster payments
The bill goes straight into your customer’s accounting software, enabling the bill to be paid faster/reducing late
payments.
Positive customer experience
Reduce administration for your customers, making it easier to do business with you.
Improved efficiency
Efficiency benefits/reduced admin burden for the invoice sender as it avoids mis-keying, transposing of digits and other common errors by the bill payer. This reduces incorrect payments which cause issues with accounts receivable reconciliation.
Certainty
Confirmation the invoice has been received via the message response system within the eInvoicing network. Peppol is a direct delivery channel compared to the uncertainty of knowing whether an email or posted invoice has been received. The NZBN address does not change, unlike a customer’s email address.
