Discover Your Value Potential: Self-Service Supplier ROI Calculator

How to Tackle Invoicing Challenges With Automation

Automating invoice management between suppliers and buyers is one of the most challenging aspects of B2B eCommerce. This eBook explores how Invoice Automation can address these challenges and transform spend under management.

How to Tackle Invoicing Challenges With Automation

The Invoice Automation challenge

Much of the B2B transaction cost and complexity lies in back-end invoicing and PO-invoice reconciliation processes, including:

  • Diverse invoicing standards, formats and processes across buyers, as each buyer is governed by their particular accounting practices.
  • Processes to capture, match, approve, pay and archive invoices are heavily dependent on manual processes in many organizations, making them costly and prone to error.

Benefits of Invoice Automation

Invoice automation significantly reduces the time and cost spent on managing invoices, compared with manual invoice processing.

It reduces errors that lead to incorrect billing, and the resulting cost and effort to resolve them. For example, when paired with PO automation, invoice automation reliably manages complex, multi-line item invoices, virtually eliminating the risk of line item mismatches.

The TradeCentric solution for effective Invoice Automation

Tradecentric’s B2B invoice automation offers a simple automated invoicing solution that cuts through the complexity and diversity of different corporate invoicing processes and standards which are often still rooted in paper-based invoicing.

Featured content

The latest news, reports and resources for B2B connected commerce.

understanding headless commerce punchout

Nigel Taylor


Understanding Headless Commerce & PunchOut

Explore how businesses are leveraging headless commerce and PunchOut to enhance their B2B shopping experience.
Read more: Understanding Headless Commerce & PunchOut



PunchOut: The Future of B2B Transactions

This white paper explores the power of PunchOut, including how it's set up, the challenges it solves, and the benefits for both suppliers and their customers.
Read more: PunchOut: The Future of B2B Transactions



PunchOut Catalog: What It Is and How It Works

PunchOut is a connection between a buyer's eProcurement solution and a supplier's eCommerce shopping cart. PunchOut helps suppliers provide real-time catalog pricing and availability to their buyers.
Read more: PunchOut Catalog: What It Is and How It Works

Stay up-to-date on the latest B2B trends

Get B2B connected commerce news and insights delivered monthly to your inbox.