Turning data into information

Invoice Validator

Converting paper and pdf invoices to e-invoices is just the first step in a chain of value added services.

By using Invoice Validator checks can be made to substantially reduce risks of:

  • Paying fraudulent invoices.
  • Paying invoices incorrectly submitted
  • Incurring VAT liabilities

By combining Invoice Validator Premium with CounterParty Validator Premium, Suppliers and Buyers can also manage their trading risk profile.

Invoice Validator Classic

Invoice Validator Classic validates e-invoice content against:

Data Elment Presence Format
Issuance Date Y Y
Invoice number Y
Supplier name Y
Supplier code Y
Supplier address Y
Supplier VAT No. Y Y
Buyer’s VAT No. Y Y
Bank account No. Y Y
Bank Sort Code Y Y
IBAN Y Y
BIC Y Y
Gross Amount Y
Net Amount Y
VAT Amount Y
Delivery Note Y
Purchase Order Y

Reports are generated showing:

  • Numbers of invoices processed.
  • Numbers of errors and omissions by type.
  • Numbers of errors and omissions by Supplier.
  • For each error and omission, the details for the specific invoice concerned.

Invoice Validator Premium

Invoice Validator Premium includes all the validations included in the Classic Service plus validations against:

Element Presence Format Buyer’s ERP Extract
Issuance Date Y Y
Invoice number Y Y
Supplier name Y Y
Supplier code Y Y
Supplier address Y Y
Supplier VAT No. Y Y Y
Buyer’s VAT No. Y Y Y
Bank account No. Y Y Y
Bank Sort Code Y Y Y
IBAN Y Y Y
BIC Y Y Y
Gross Amount Y Y
Net Amount Y Y
VAT Amount Y Y
Delivery Note Y Y
Purchase Order Y Y
Contract Number Y Y

Reports are generated showing:

  • Numbers of invoices processed.
  • Numbers of errors and omissions by type.
  • Numbers of errors and omissions by Supplier.
  • Number of errors and omissions by Buyer
  • For each error and omission, the details for the specific invoice concerned
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