MENU ACCOUNTS PAYABLE CURRENCIES E-INVOICING CASH FLOW WEX EUROPE » TRAVEL SOLUTIONS » E-INVOICING Payments and E-Invoicing Integrated The integration of our supplier payments solution into e-invoicing platforms allows for fully automated payment of prequalified invoices. Traditionally invoicing has been a heavily paper-based process that is both manually intensive and prone to human error which increases cost and processing times. Businesses are increasingly moving to using an integrated electronic format when exchanging invoices between suppliers and buyers – reducing time spent on these processes. How it Works We have partnered with leading e-invoicing providers who allow customers to exchange information including invoices, credit notes and payment advices electronically. Our integration into these systems allows for a payment to be generated and sent to the supplier when you approve an invoice received via your e-invoicing system. This payment is specific to that particular invoice which allows for reconciliation to be automated – reducing workload in your accounts payable department. You will be able to access a credit line at no cost which can help your business to successfully manage cash flow requirements. When using our supplier payment solution in conjunction with your e-invoicing platform you will benefit from automatic reconciliation and a payment that is specific to a particular invoice. Suppliers receive payment in real-time and can be paid according to agreed payment terms – which can help improve the relationship you have with suppliers by ensuring that late payments are avoided. Where a discount is offered for early payment you can take advantage of this while benefiting from a credit line to manage the working capital needs of your business. The integration with e-invoicing platforms also allows you to save up to 3% and streamline processes when paying international suppliers by benefiting from our extensive currency capabilities and a supplier payments solution that can be accepted by suppliers using their existing systems. READY TO GET GOING? REQUEST A DEMO Fact Sheet: Travel Payments Solution Our travel payments solution allows you to focus on your business by automating payment processes and achieving cost savings. LEARN MORE Optimise Cash Flow & Working Capital Credit-funded VCNs help you pay suppliers on time while managing the monetary requirements of your business. LEARN MORE Buyers Guide For Virtual Payments Choosing an accounts payable solution can be overwhelming, this guide lists the features you should look for when considering options. LEARN MORE Digital Transformation Of Supplier Payments The online travel market is challenging for travel companies; digital transformation of payments can help you achieve growth. LEARN MORE Terms and Conditions Privacy Policy Cookie Policy © 2021 WEX Europe +44 (0) 203 553 5835 By clicking “Accept all cookies”, you agree to the storing of optional cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. If you wish to adjust your cookie settings, please click “Customise Cookies”. You can also learn more by viewing our Privacy Policy and our Cookie Policy. ACCEPT ALL COOKIESCUSTOMISE COOKIES