ELO brings the maximum benefits of a state-of-the-art invoice processing solution to your company

Invoices are delivered to different people in different departments or even in different business locations across the organization. Employees spend a significant amount of time processing them. Digital invoice management from ELO helps significantly reduce the time, cost, risk and complexity of this process. Invoices and receipts are captured and classified automatically and passed on to the correct employee in a workflow, giving you better control over your accounts payable cycle and ensuring that no invoices are forgotten.

Good reasons for choosing ELO Business Solution Invoice:

  • Custom solution that fits all demands
  • Compliance with specific standards
  • You determine how much you want to automate
  • Additional components available depending on your requirements
  • Easy integration with all standard ERP systems, e.g. SAP, Navision, or Datev

BENEFITS

Efficient processes


Automating processes improves productivity and reduces costs.

Transparent processes


All changes to a document are registered, giving you a full audit trail of the document lifecycle.

Better organized


Store, retrieve, and manage all your documents in one place.

Integrated third-party systems

Seamlessly integrates with third-party applications and enables information to travel between disparate systems.

Lower overheads


Do away with paper-based filing systems, which are expensive and arduous to manage.

Save time


Get work done faster by automating time-consuming manual tasks and using smart search tools.

Would you like to find out more?
Download our ELO Business Solution Invoice brochure.

THE SOLUTION AT A GLANCE

The ELO invoice dashboard

Track all invoices in circulation on the invoice dashboard:

  • Monitor invoices and payment deadlines
  • View the current status and detailed invoice information
  • Filter options, e.g. to show time-critical documents only
  • Meet payment deadlines thanks to an early warning system
  • Generate statistical evaluations 

The form view

Forms help you get invoices approved faster:

  • Manually adjust data that was captured automatically
  • Record unique data such as delivery quantities
  • Different form modules to help you stay organized

The ELO feed

The ELO feed is a chat-based tool for exchanging information about documents:

  • Fully traceable exchange of information in one tool
  • Monitor changes in documents
  • Create a post on a related document or join a discussion
  • Mention colleagues in a comment and refer to posts

"With ELO, we can also divide invoice positions into partial amounts and assign them to different ledger accounts, cost centers, and projects."

Elmar Türtscher, head of financial accounts, ADLER-Werk Lackfabrik Johann Berghofer GmbH

PROCESSING INBOUND INVOICES WITH ELO AND SAP

ELO for SAP

Step 1

Inbound invoice is scanned.





Step 2

The invoice is archived in ELO and classified with the help of the ELO DocXtractor, which also runs a plausibility check with the SAP database.

Step 3

ELO automatically generates the appropriate workflow and oversees the payment approval process.


Step 4

After approval, the invoice is posted in SAP and then archived in ELO, again fully automatically.



Thanks to the seamless integration with SAP, ELO enables end-to-end automated processing of inbound invoices:

  • Early and late capture
  • Access information from both systems
  • Links to the SAP transaction
  • Invoice is archived in ELO based on the index data extracted from SAP

Find out more about what ELO for SAP has to offer:

Integration with other ERP systems

Besides SAP, other third-party systems such as Datev and Navision integrate efficiently with ELO, ensuring you are able to streamline processes such as modifying invoices or generating invoices with references to documents.

LIVE DEMONSTRATION

Discover the multiple benefits of enterprise content management from ELO and schedule a live demonstration with an ELO Business Partner near you.

REQUEST A LIVE DEMO

ELO DIGITAL OFFICE

We develop high-performance software that allows companies to take a holistic approach to managing information.