Elevate Invoicing Efficiency with Invoice Automation
TradeCentric’s Invoice Automation solution streamlines the invoicing process by translating and delivering supplier invoice data electronically into buyer eProcurement solutions. This integration not only reduces discrepancies and fosters quicker payment processes but also significantly improves the PO-to-invoice reconciliation process.
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How does TradeCentric’s Invoice Automation solution work?
Our Invoice Automation solution creates a seamless integration between a supplier’s eCommerce platform and a buyer’s eProcurement or ERP system. After a supplier has fulfilled a purchase order and created an invoice, the integration automatically translates that invoice into the buyer’s required format, such as cXML, EDI, and JSON. This process eliminates the need for manual data entry and reduces the risk of errors. TradeCentric then validates invoice data against the original PO and fulfillment details to ensure accuracy, and delivers the invoice directly into the buyer’s system for faster approval and payment.
Why choose TradeCentric’s Invoice Automation solution?
Comprehensive Reporting & Analytics
Unlock real-time insights, plus full visibility into invoice performance and audit compatibility through the TradeCentric Analytics. Monitor invoice delivery status, identify exceptions, and track cycle times to uncover trends and areas for optimization. Solution-oriented reporting tools help teams proactively manage integration health, improve cash flow predictability, and enhance buyer-supplier relationships.
Effortless Integration
TradeCentric simplifies invoice automation by connecting 75+ eCommerce platforms with 220+ ERP and eProcurement systems to enable real-time, system-to-system invoice delivery. Our fully managed integrations translate invoice data into buyer-specific formats like cXML, EDI, and JSON, ensuring compatibility and compliance across systems. By eliminating manual invoice handling, businesses accelerate payment cycles, reduce exceptions, and improve cash flow accuracy at scale.
Onboarding & Implementation
TradeCentric delivers comprehensive onboarding and implementation support tailored to your invoice automation goals. Our proven framework includes planning, integration mapping, platform training, and post-launch optimization. With dedicated success managers and access to our Business Consulting Services, you gain the expertise to accelerate time-to-value and scale invoice automation with confidence.
Peppol in Global Invoice Processing
TradeCentric supports Peppol-compliant invoicing through our Certified Peppol Access Point, enabling global connectivity for suppliers and buyers. Businesses trading across borders benefit from standardized, secure, and regulation-compliant invoice delivery. Our platform simplifies international workflows, ensuring invoices meet local eInvoicing mandates while accelerating global transaction efficiency.
Benefits of Invoice Automation for suppliers
Our Invoice Automation solution automates the flow of invoice data to customers. This prevents errors and delays, ensuring suppliers get paid on time. With support for various data protocols and all leading eProcurement solutions, TradeCentric ensures you can offer a connected commerce experience now and at scale as you grow.
- Decrease AR by sending electronic invoices for seamless internal routing and approval
- Accelerate payment processing through enhanced 3-way matching, especially when combined with PO Automation
- Increase revenue from existing and attract new customers by incorporating Invoice Automation
Benefits of Invoice Automation for buyers
TradeCentric’s Invoice Automation solution eliminates time-consuming and error-prone manual processes. This leads to more efficient operations and the ability to redirect resources toward value-added tasks.
- Enhance 3-way matching, reducing reconciliation time, costs, and errors when combined with PO Automation
- Minimize AP personnel costs by automating invoice processing and input into buyers’ systems
- Ensure on-time invoice payment to be a stronger partner to suppliers
What you can expect when using TradeCentric’s Invoice Automation solution
Customers who implement Invoice Automation can expect faster processing, fewer errors, and greater visibility into every transaction. By streamlining how invoices are received, validated, and approved, you gain efficiency, reduce risk, and ensure smoother financial operations.
Faster Invoice Processing
Invoices are transmitted and processed in real time, speeding up approval and payment cycles.
Error Reduction
Automation eliminates manual data entry, significantly reducing invoice discrepancies and exceptions.
Improved Efficiency
Finance teams spend less time chasing down missing details and more time on strategic tasks.
Better Visibility
Seamless integration enables end-to-end tracking and reconciliation across systems, improving financial oversight.
”The TradeCentric Platform not only saved Mars Veterinary Health time, but it also simplified our approach with our suppliers as their IT resources are limited.”
Director of Procurement
“We partnered with TradeCentric because we wanted to work with the experts in this space that could provide a scalable solution for our customers.”
VP, Digital Selling & eCommerce
“With the help of TradeCentric, AutoZone can offer our full line of automotive aftermarket parts and accessories to customers on any procurement system.”
Program Specialist, Commercial eCommerce
Streamline transactions with one simple, cohesive digital workflow
PunchOut Catalog
A PunchOut Catalog streamlines product discovery by linking an eCommerce catalog directly to a buyer’s procurement system. When integrated with our Invoice Automation software, a PunchOut Catalog ensures that every transaction, from product selection to invoicing, is part of a cohesive, digital workflow. This end-to-end visibility reduces manual entry, aligns procurement data across systems, and accelerates the payment process.
Advanced Shipping Notices
Advanced Shipping Notices (ASNs) increase visibility and enhance the efficiency of invoice processing by providing real-time shipment updates tied to purchase orders. As orders are fulfilled, suppliers can automatically transmit delivery details, such as ship dates, tracking numbers, and item-level data, enabling more accurate invoice generation and faster reconciliation. This added layer of visibility ensures invoices reflect actual shipments, minimizing disputes and payment delays.
PO Automation
PO Automation and Invoice Automation work in tandem to digitize the full order-to-cash process. Once a buyer has processed a requisition and created a purchase order, TradeCentric translates the PO into the supplier’s required format before automatically sending it to their system. When combined with Invoice Automation, TradeCentric can enrich the invoice with the PO data to improve 3-way matching s and accelerate time to payment.
