With Banqup, you will have a simple and smart digital tool that allows you to upload, process and store all your purchase invoices and receipts.
How do I upload received invoices to Banqup?
There are four different ways you can place purchase invoices on Banqup.
1.Using the drag&drop function. Once you have selected an invoice on your computer, simply drag and drop it into the "Purchase Invoice" environment.
3.Banqup email account. Each company has the possibility to create a unique email address. Here you can forward purchase invoices from your mailbox or you can share this address with your suppliers. Invoices received in this mailbox will be placed on the platform in an already digitised format.
4.Banqup platform internal network. If your suppliers use Banqup, then when they issue you a sales invoice, it will immediately be placed in your "Purchase invoice" environment. In this case, you will receive an electronic invoice that no longer needs to be digitised.By the way, this invoice management system is international and used in other EU countries, so you have the possibility to share real electronic invoices with your overseas suppliers.In addition, at the end of last year, an EU directive was adopted that will oblige all businesses to exchange e-invoices on the Peppol network from 2028 when trading between EU countries. The Banqup platform will ensure this requirement.
Digitalisation of invoices
When a purchase invoice enters Banqup, its status is "Processing". This means that photos or PDF data are being read. The platform's OCR (Optical Character Recognition) technology will scan the invoice you receive and convert the data into a digital format. This way you avoid manual data entry, which often results in an error.
Payment terms for purchase invoices
Once the invoice data has been digitised, the system will automatically display the date by which payment of the purchase invoice is due. This way you will avoid late payments.
Transmission of data to the accountant
Banqup gives you and your accountant the ability to see all the invoices you have received on the platform itself. Meanwhile, thanks to easy integration, you can automatically transfer the data directly to your accountant's accounting software.
For more on managing purchase invoices in Banqup, see here. If you would like to know more about Banqup, please contact us and we will get back to you shortly.