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