Why should I use e-Invoicing?
It will automatically improve the transaction efficiency with your key suppliers ensuring you can now track the entire invoicing process through transaction monitor and your KPI dashboard.
How does it work?
The invoice document from the supplier is handled just like a request for quote or purchase order through ShipServ TradeNet, and will be processed directly into your purchasing and/or financial system. You will be able to keep track of the Invoice once it has entered your financial system and follow its progress through your usual TradeNet reporting tools.
Major benefits of e-Invoicing
- Reduces manual steps in invoicing process on the supplier side
- Reduces the time it takes for invoices to be processed
- Reduces mistakes which can delay payment
- 24/7 assistance to buyer
- Can be accessed in transaction monitor
- Information available in Webreporter and KPI dashboard
Do I need any special software?
To receive the invoices you need no special software.
As a ShipServ buyer you are already connected to the TradeNet platform, so you will be able to seamlessly accept invoices. ShipServ’s translation service will convert the document from the supplier to MTML 2.0 where it can reside in ShipServ TradeNet for delivery to your system.
Once you have received the invoice, if your existing software does not have the ability to import and manage documents you may need a third party tool. ShipServ can help you select the right document processing software
Which ShipServ suppliers currently use the e-Invoicing solution?
We now have some of the world’s leading ship chandlers, manufacturers and suppliers signed up to the ShipServ e-Invoicing solution with thousands of invoices processed monthly.
Download a pdf of our e-Invoicing datasheet