In today’s business world, effectively managing financial documents and invoices is essential for maintaining efficient cash flow and complying with international tax and commercial regulations. Comply’s Payables Hub functions as the digital collection point for all documents and invoices to be managed in the accounts payable process.
Comply channels documents from various global networks, numerous end-to-end connections, and many other internationally regulated systems, collating them in a completely digital process.
How can Comply’s Payables Hub help businesses manage and maintain control over their payables?
Improve control over Accounts Payable
Comply’s multi-channel dashboard provides a comprehensive and uniform view of payables data from various channels. This gives companies improved control over all payments while enabling CFOs and controllers to interpret data quickly and effectively to remain compliant at all times.
Multi-channel receipt
Comply enables truly digital receipt and processing of accounting documents from various international networks and sources.
Integration with global platforms
Prepare for full tax and reporting compliance with multiple international eInvoicing regulations and systems, and ensure you comply as they become mandatory around the world.
Normalize, extract, and visualize data
View all digital formats in a single layout and easily visualize all attachments and reports.
Tax compliance
Comply collects and validates tax information by exploiting structured data, thereby ensuring continuous tax compliance with systems around the world.
Eliminate manual processes and paper
Eliminate the space and time requirements related to paper storage with state-of-the-art, electronically searchable, cloud-based archiving.
Document sorting
Collect and associate all related documents within accounts payable without having to chase employees or suppliers for information.
AP documents
Manage all your data and its status from one single dashboard.
Comply receives all data from any document type without invoice capturing costs.
Minimize processing time and costs
Reduce data capture mistakes and duplications and reduce allocation errors thanks to AI and machine learning.
This specific functionality within Comply helps automatically receive and normalize timesheets, purchase orders, delivery notes, travel expenses, and electronic invoice data from worldwide networks with different standards and protocols.
eInvoices
Comply is integrated with multiple governmental eInvoicing platforms around the world, such as the Italian Revenue Agency (AdE)’s SdI (Sistema di Interscambio) or the French PDP (Plateforme de Dématérialisation Partenaire).
Comply receives eInvoices from all international digital channels and translates them into a single XML format, providing you with full visibility.
International eInvoicing formats
Thanks to its multi-channel DNA, Comply can handle electronic invoices issued in any digital format.
Achieve compliance painlessly
Comply proactively participates in international regulatory panels to track updates, and immediately and automatically integrates any regulatory amendments without disrupting your daily operations.
Leverage digitalization to ensure compliance and procedural transparency across all accounting processes. With Comply’s Payables Hub, you can simplify and optimize payables document management while ensuring regulatory compliance in a rapidly evolving business environment.
