Exact, automated accounts payable processing
OASIS is our sophisticated, end-to-end accounts payable processing solution – with scanning, data extraction, purchase order matching and workflow approval all in one.
Exedee eFinance
Using our OASIS software, approved invoices are exported directly into your accounts payable system. You get all the checks and balances you need for accurate and secure invoice processing.
Flexible enough to work in the most demanding environments, with market-leading accuracy and a highly configurable approval process that adapts to your business requirements.
We’ll extract data accurately from your invoices – and effectively automate over 95% of your accounts payable processes.
Key features:
- Extracted invoice data delivers 99% accuracy
- Easy and quick to implement and deploy
- Eliminates manual handling and distribution of invoices for approval
- Effectively reduces processing time by around 80%
Key problems solved
- Efficiency and improved productivity of your accounts team
- Easy, fast way to manage complex validation and approval processes
- Eliminates discrepancies between matching PO’s and invoices
- Ensures cost-savings in invoice processing and confidence in your financial data
Peppol eInvoicing – Exedee can help you
Australian and New Zealand organisations are now increasingly required to send their customer invoices in Peppol format.
eInvoicing Explained:
eInvoicing is sending or receiving an invoice as actual data, rather than sending a .pdf attached to an email, or a printed copy by post.
The transition to eInvoicing involves using the Peppol network, a global eInvoicing framework that enables organisations to send their invoices as a data file.
Power Business Services Ltd in New Zealand, and eCloud Business Services Pty Ltd in Australia – both trading as Exedee – are internationally registered Peppol Service Providers & Access Points for eInvoicing.
Exedee can help you with the move to eInvoicing – whether or not you are a current user of Exedee’s eFinance software.
You can use Exedee to send your invoices by eInvoicing even if your accounting software can only produce .pdfs.
Peppol eInvoicing Overview
The New Zealand and Australian governments now have a formal adoption program for both Government Agencies and private sector businesses to adopt eInvoicing, which takes effect in phases between mid-to-end 2026 and early 2027 in both countries. The New Zealand and Australian Governments aim to offer 10-day and 5-day payment terms respectively for invoices that are received by eInvoicing – a move which is aimed to encourage adoption by all types of organisations.
eInvoicing is the secure digital exchange of invoice data directly between buyers’ and suppliers’ financial systems (even if these systems are different). With eInvoicing, suppliers no longer need to generate paper-based or PDF invoices that are printed, posted or emailed to customers.
Benefits of eInvoicing:
- Faster payment of invoices = improved cash flow
- Speeds up invoice processing, reduces time required and admin costs of invoice processing
- Direct & secure transmission meaning invoices are impossible to ‘lose’
- Accurate
eInvoicing happens through a 4-corner model like this – where corners one and four are the supplier and customer/buyer, and corners two and three are Access Points. Access points connect to each other to exchange the eInvoices.
Talk to us today about setting up an eInvoicing test/pilot, and you can be up and running easily and fast!
We’ll make your move to eInvoicing easy, effortless and eCompliant – and improve your payment processes and cash flow!
Looking for other eSolutions?
Our exedee service suite has been designed to allow easy and effortless business automation, based on our years of experience with both local and central government, and all types of businesses. Our software eSolutions are configured to fit your business requirements exactly.
Exedee Case Studies
You'll be in excellent company!
Council oMail Automation
Frankston City Council
The incoming mail function, handled by the Information Services team at this Council, was overwhelmed by the increase in volumes of correspondence in a context of diminishing numbers of staff and an acute demand for better metadata from the business units....
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This popular and successful restaurant franchise has over 270 outlets across Australia. Over 3,000 expense invoices were processed manually either as paper or emailed copies...
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In 2018, a large Australian retailer approached us to look at ways to automate their expense invoices. They had an expense processing system in place but were looking at replacing it...
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