Welcome to our Banqup website! We and third parties use cookies on their websites. We use them to improve your browsing experience, to analyse the use of the website and to help us carry out marketing activities. You can read more about the cookies we use and change your settings by clicking "Change my settings". By clicking "Accept all cookies" you agree to the use of all cookies as described in our privacy cookie policy.
Digitalisation

Automated receipt and digitisation of invoices

March 19, 2024
min. reading

Small businesses often face a variety of invoicing challenges that can undermine efficiency and productivity. And manual processing of invoices and receipts often leads to errors, delays and inaccuracies in financial records. However, the Banqup platform is designed not only to simplify invoicing but also to automate the management of incoming invoices for small and medium-sized businesses.

Automatic data capture of invoices and receipts received

Did you know that Banqup can digitise both purchase invoices and receipts? Basically, this means that there is no need to manually enter their data into an account management or accounting system. They are transferred there automatically in real time.

Banqup's unique feature is its advanced OCR technology, which automates the filling of data from the incoming invoice image. This automated data capture not only saves time but also reduces the risk of errors associated with manual data entry. With Banqup, digitising incoming invoices becomes a fast and accurate process, so your financial records are consistent and accurate.

Simply upload the document to the platform and Banqup will do everything necessary to digitise the document and make the information for each document appear in the right place in Banqup.

Ways to upload a document to Banqup: 

  • "Drag & dropor upload function using your computer. 
  • Take a photo of the document with the Banqup mobile app(iOS, Android). 

Hassle-free, one-stop-shop accounts from different suppliers 

Get all purchase invoices from different suppliers in one place. Simply instruct your suppliers to send the invoices to the mailbox you created on the Banqup platform. All received invoices will then be digitised and appear automatically on the platform without any additional manual data entry.  

Receiving e-invoices

Received an e-invoice (XML, UBL)? No big deal, as Banqup easily handles invoices in this format. You can view the e-invoice in Banqup as a normal invoice and download it in PDF format if required. If you share documents with an accountant, then you can easily forward the invoice to them.

Directly into the accounting system

The Banqup platform is distinguished by its seamless integration with various accounting systems. This integration ensures that your accountant has access to all your invoices. You will therefore avoid the hassle of lost documents and reduce the chance of errors.  

In other words, neither you nor your accountant will have to manually keep track of invoice data (.pdf, .jpg, .jpeg, .png, etc.).

The Banqup platform eliminates the challenges associated with manual invoice processing by automating and simplifying the workflow. With seamless integration, automated data capture, real-time monitoring and enhanced security features, it helps small businesses simplify their invoicing workflow.

Try automated invoicing with free Banqup plan!

Create your free Banqup account today.

Create a free Banqup account