What is important and how do I proceed?

Criteria for the right software selection

Increasing digitisation runs through almost all processes and business areas of a company. The digitisation of the incoming invoice process in particular, opens up opportunities and competitive advantages for you. For example, a software solution for processing incoming invoices enables faster throughput times and offers a significant increase in transparency whilst acting legally compliant according to GDPR. What other advantages are there? Up to 50 percent cost reduction!

Are you toying with the idea of introducing an invoice management solution - but you don't know exactly what to look out for in the process?

This guide is aimed at companies facing change and looking for a suitable software solution for their invoice processing. If you don't know what criteria to use to select this software, our guide will lead you through crucial aspects of the selection process, with a checklist to help you stay on track.

What you can also expect in this guide:

  • How does incoming invoice processing work with a digital solution?
  • Comparison of the paper-based and digital invoice process
  • Excel spreadsheet vs. software suite – and benefits of a digital solution
  • Five steps to software selection based on checklists

But is the switch worthwhile for your company in concrete terms? To answer this question, the first step is to weigh up the costs and benefits by researching specific offers from software providers. The checklist in our guide shows you how to take the first steps, then weigh them up and implement them.

Stephen Butler
Senior Application Support Manager

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