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Building a web based electronic document exchange
Most businesses still present their invoices in paper format, and even where electronic generation of invoices is provided, they are presented in a format that can’t be automatically imported into accounts systems (e.g. PDF format).
ebdex is a design for a system intended to assist e-Invoicing, Electronic Invoice Presentment and Payment (EIPP) and Supply Chain Financing (SCF) solutions.
The software would have three primary functions:
- Sending an electronic invoice directly from an Accounts Receivable system
- Presenting the invoice automatically in the Accounts Payable system
- An integrated system for handling the payment of the invoice and updates of both A/R and A/P systems
One route would be integration with existing accounts packages with a standard document format for interchange
Added by Manoj Ranaweera 10 months ago, last updated 10 months ago by Paul Robinson
Comments
In my experience, every accounting system on the planet uses a completely different format.
Is there a way we can present in a standard format? Even just CSV would be enough.
Once we know how to get systems to move data between each other, the rest
There has been countless efforts to standardise the outputs given by account and ERP systems. Whilst this is a problem, the exchange’s basic role is to translate from one format to its internal format and then to the recipient’s format – all automatially