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CloudTrade brings invoice automation to enVista

CloudTrade brings invoice automation to enVista 740 x 360

enVista, a leading global consulting and software solutions firm, enabling enterprise commerce for the world’s leading manufacturers, distributors and omni-channel retailers, has chosen CloudTrade’s patented PDF to e-invoice technology to boost e-invoice adoption among its customers.  

 

Read our guide: PDF Invoicing - Dispelling the Myths

 

London, 18 July 2018

CloudTrade’s PDF to e-invoicing solution integrates seamlessly with enVista’s Unified Commerce Platform, building on its existing functionalities by adding a simple to use PDF component, which will help to drive supplier adoption rates of over 80-90% in e-invoicing-enabled supply chains.

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Dominic McGough, Managing Partner at enVista, says:   “We are delighted to be partnering with CloudTrade –          a proven, best of breed PDF to e-invoice technology –       on our continued mission to battle the friction that is    caused  by delays in a supply chain weighed down by        too much paper and clunky processes. We believe the partnership will help our users to on-board more of their suppliers, further digitising their operations and actively using technology to improve efficiencies.”

CloudTrade’s solution ensures 100% accurate data is captured and uploaded within minutes of a supplier submitting a PDF invoice, replacing enVista’s previous optical character recognition (OCR) solution, and enabling users to see significant back office savings.

Steve Britton, CloudTrade’s Client Director, says: "CloudTrade’s Patented technology enables documents, such as supplier invoices and customer orders, to be received as PDFs and automatically converted into an e-document structure. We map the data embedded within the PDF, as created by the originating system, and convert it into a format accepted by the recipient. As our approach is so simple and non-disruptive to any supply chain, adoption rates are extremely high.”

"Some paper will always remain in any AP system – at least in the short term - but as most billing applications can generate and send PDF invoices via email, we believe our solution is the easiest and quickest way for enVista’s users to move closer to a paperless office. Our teams are now fully focused on making this project a total success for enVista’s network of mid-market and Fortune 100/5000 users and their suppliers."

enVista will now begin rolling-out CloudTrade’s solution across its global customer network.

CloudTrade is one of the world’s fast growing e-invoice and e-document networks, connecting hundreds of global organisations to thousands of their trading partners electronically across numerous sectors and regions. 

This article was published by The PaypersFinancial IT and FinTech Press Releases

Find out more about how PDF to e-invoice technology could automate your back-office processing.

 

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