PowerE2E - China's Leading Retail eServices Platform
PowerE2E - China's Leading Retail eServices Platform
eWMS
Create the perfect invoice - and process it digitally
How can I get fewer invoices rejected?
Rejected invoices mean big trouble-even if the invoice-difference is very small. It is in the interest of the supplier to get as few invoices rejected as possible, and in the interest of the retailer to keep the matching process as efficient as possible. However this process still ties up a large amount of resources for the finance departments of both retailer and supplier.

What does re-processing an invoice cost?
Errors in invoices need to be traced back to the order, delivery and receiving notes, and sometimes even back to the original contract. The supplier then has to go through the process of re-keying the invoice into the GoldTax system, printing out a new invoice, and getting the old invoice cancelled. This is expensive.

How can I keep up more and more invoices?
Most retailers in China scan their tax-invoices twice. Once for matching and once for the tax-refund. This is a non-scalable process and one of the most resource-intensive tasks within the finance department. Often multiple shifts of people work on this task, which grow as the volume of invoices grow.

Start with the right documents...
Invoice matching cannot be efficient if it is done without both the delivery and receiving information. The PowerE2E platform can provide the goods receiving note to the supplier, who can then turn it into a digital invoice. Because the supplier has the delivery-note, they can easily verify the information and generate the 100% correct invoice from the GRN data directly

Authenticate the invoice digitally
PowerE2E's TaxClient software then allows the digital invoice to be authenticated by the tax bureau.
It saves both the supplier and retailers enormous amounts of work by digitizing the complete flow from GRN to Tax Invoice. PowerE2E works closely with their exclusive partner HOLYTAX to offer consulting services to retailers and suppliers on how to effectively consolidate tax invoices in China.

Get your invoice matching process back under control by using PowerE2E's Invoice Management service

Want to know more? Contact one of our consultants - Read our white-papers - Learn from our customers

PowerE2E - China's Leading Retail eServices Platform
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