Overview

OpenText™ Trading Grid e-Invoicing is a cloud-based, e-Invoicing solution that automates electronic invoicing and ensures compliance in more than 45 countries. OpenText Trading Grid e-Invoicing eliminates the complexity of varying country regulations in global business and shields users from the risk of increasing regulations impacting Procure-to-Pay and Order-to-Cash business processes.

How OpenText Trading Grid e-Invoicing can benefit business

Maintain ongoing compliance

Comply with ever-changing post-audit requirements and increasing mandatory clearance country regulations in more than 45 countries.

Lower costs

Automate invoice processes to reduce errors, improve efficiency and lower invoice processing costs.

Integrate invoice flows

Bridge the siloes that exist within internal business applications, such as ERP, SRM, CRM, finance and treasury.

Improve cashflow management

Accelerate invoice processing to avoid late payment penalties, realize early payment discounts, reduce DSO and improve customer and supplier relationships.

Support corporate social responsibility (CSR)

Remove paper from the invoice process to reduce carbon footprints.

Why OpenText Trading Grid e-Invoicing?

Scalable e-Invoicing

Leverage the only digital invoicing solution that meets any organization’s requirements, whether an SME or a global enterprise.

Simplify trading community exchanges

Enable fully compliant e-Invoicing from vendor portals to B2B integration, from government clearance portals to PEPPOL, from PDFs via email to OCR.

Key features

Global e-Invoicing compliance

Meets current and stays ahead of government tax and electronic invoicing regulations in more than 45 countries.

100% invoice automation

Includes PDF invoice auto-provisioning to SME customers and support for onboarding EDI-based partners.

e-Invoice delivery

Supports PDF or structured formats, through various means as legally permitted in more than 45 countries, including email, secure portal, secure EDI protocols, PEPPOL network and government clearance portals.

Invoice integrity and authenticity

Supports country-specific digital signature, EDI and government clearance requirements to ensure that e-Invoices come from the claimed source and have not been altered.

Validation of mandatory invoice data

Country-specific validation of invoice data ensures required fields are present per government regulatory requirements.

Archive and audit

Archives and provides audit access throughout mandatory retention periods. Supports advanced search and scheduled reports, allows uploads of invoice evidence and download/export of invoices for audit.