Onventis Invoice Processing
Automate your accounts payable with robotic accounting and OCR-as-a-Service
Save Time
With Onventis Invoice Processing, you can process invoices, whether PDF or e-invoices, in no time – from capture to payment.
Increase Profitability
The robot-controlled automation through Onventis Invoice Processing can reduce the costs for invoice processing by up to 50%.
Avoid Errors
The manual processing of invoices is reduced to a minimum with Onventis Invoice Processing. Mistakes are thus avoided in the long term.
Receive as many e-invoices as possible
Invoice Processing assists the organization to receive as many invoices as possible in e-invoice format. We add you to our e-invoice hub and invite your suppliers to send you e-invoices. The many variations of e-invoices present a challenge to organizations working with them. The e-invoicing hub resolves the issue and converts all file formats your suppliers deliver into one common format that Invoice Processing understands.
Recognize invoice data with OCR-as-a-Service
For those invoices still received in paper and pdf format we offer OCR-as-a-Service. Invoice Processing comes with integration to import pdf invoices received via email. The OCR-as-a-Service recognizes data on the header and line levels and uses this data to match the invoice or code it. With OCR as-a-Service comes auto-update of your supplier master data.
Book & match invoices automatically
The application can work intelligently with data from OCR-as-a-Service and from e-invoices. It matches an invoice with the associated purchase order, contract and receipt registration. Alternatively, it processes invoices based on predefined booking settings for the supplier. During implementation, you list the booking defaults per supplier, including the possibility of distribution to multiple lines. The robot books full matches, and small differences within the set margins, right into the ERP system.
Route invoices automatically for approval
Spend Management sends invoices automatically to the appropriate team members for approval, based on an individual approval matrix. The approval matrix lists all users, their approval limits and the entities — cost center, ledger account, supplier, or project — for which they can approve invoices. The approver’s worklist will show the invoice ready for approval and will also receive an email notification. After final approval, the app posts the invoice to the financial system. With the mobile app, you can approve invoices wherever you are.
Extra security due to payment check
Spend Management completes a payment check at the end of the workflow. It verifies the payment advice list from the ERP system against the invoices in Spend Management. This automatic check verifies the bank account, the approvals, and the amount. It also looks for double payment, all to prevent any possible error.
The digital invoice archive offers further advantages:
- Find invoices quickly and easily in the digital archive
- See who sent the invoice, who approved it and what its status is
- Invoices never get lost and you always have an overview
- Achieve extra security with the payment check
Your information |
|
Number of incoming invoices processed per month | |
Number of full-time employees for invoice processing | |
Average annual gross salary for employees in accounts payable in € |
Your ROI-Calculation |
|
Annual ROI (percentage) |
|
Annual ROI (absolute) | |
Amortization period |
|
Your labor profit in working days per month | |
Your annual saving potential in wage and salary costs | |
Your average hourly wage for employees in accounts payable |
|
Your average processing time per incoming invoice in minutes | |
Your current wage and salary costs per processed invoice | |
Minimum wage and salary costs per processed invoice with Onventis | |
Annual licensing fee and pro-rated project costs for Onventis Invoice Processing | |
Estimated monthly SaaS costs for Onventis Invoice Processing | |
Maximum savings potential in wages and salary costs per invoice with Onventis | |
Your labor profit in hours per month | |
Your savings potential in wage and salary costs per month |
|
One-time project costs for Onventis Invoice Processing |
|
Monthly licensing fee incl. project fees (BFL) for Onventis Invoice Processing |
|
Amortization period (with BFL) |
|
What costumers say about onventis
Onventis is an easy to use system even for untrained employees. Over 80% of invoices are immediately well-read and automatically matched.


Learn more about Invoice Processing

REQUEST A DEMO NOW
Our e-procurement experts present you the Onventis All-in-One procurement network.