The PDF invoices your suppliers are sending you today have all the information you need to automate invoice processing.
With CloudTrade, the invoice data held within the PDF is read directly. There is no need for costly system changes or scanning technology. You get EDI quality data without the barriers typically associated with EDI.
The only thing your suppliers have to do is send their invoices to a new email address which will pass them to CloudTrade. The net result is that more suppliers move away from paper and onto electronic invoicing in a shorter time frame than any other e-invoicing method.
CloudTrade is more than just a data capture system, it is a service that encourages suppliers to comply with rules set by you.
For example, you may require suppliers to include a Purchase Order number on all invoices. If an invoice arrives without a PO number, your rules in Cloud Trade may return it with a polite note explaining your "No PO, No Pay" policy.
With CloudTrade there is:
Find out how LAKE solutions Proactis and CloudTrade dramatically reduce the cost and complexity of Accounts Payable - from invoice receipt to payment authorisation.
Duration: 34 Minutes
"We wanted to get away from paper invoices and spreadsheets that record PO numbers and move to a system where invoices are authorised electronically"
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