openPR Logo
Press release

DOC.pilot and ZUGFeRD: High Speed for Factoring

05-18-2015 06:29 PM CET | IT, New Media & Software

Press release from: fidis GmbH

/ PR Agency: möller pr
DOC.pilot of fidis GmbH, used in conjunction with the Central User Guide of the Forum for Electronic Invoicing in Germany [ZUGFeRD], significantly accelerates the factoring process

Kaarst, 12th may 2015. With DOC.pilot, the IT tool created by fidis GmbH located in Kaarst, Germany, it is now also possible to read out electronic invoices if they were created in the ZUGFeRD format. This will significantly accelerate invoice processing in the factoring industry. At the same time, it allows the extraction of all relevant posting data with maximum reliability. ZUGFeRD is now the new standard format for electronic PDF invoices. DOC.pilot is an IT tool intended for mass processing of receipts, particularly to be used by factoring companies. The new version allows to read out the data correspondingly if an invoice was created in the ZUGFeRD format.

“The ZUGFeRD format has great potential – for the first time, there is a uniform and reliable format for PDF invoices”, explained Reiner Hirschberg, CEO of fidis GmbH. “For factoring companies, this is an enormous opportunity. But it is also a challenge in that they need high-performance systems that can read out the format quickly and securely. With DOC.pilot, our clients can now integrate ZUGFeRD seamlessly into their invoice processing”.

With the new release, DOC.pilot generates, in less than five minutes for more than 2.000 invoices the relevant data for an automated processing. The system recognizes from the very outset if, for instance, the information concerning the invoice number, banking details and the note of transfer is correct and provides the factoring system, FACT.pilot, relevant accounting information to facilitate further processing.

When reading out the integrated XML-files, DOC.pilot generates CSV (Comma-separated values) files using all the data contained in the document. In a second step, the pre-selected elements, such as the letterhead, the invoice number or the note of transfer shall be checked for content accuracy. If the system recognizes a mistake in the accounting information, an error message will be generated and forwarded along with the document. If the conversion is completely successful, the data relevant for the accounting process will be filed on an FTP server along with the original document and can be retrieved from there for automatic processing. In this manner, within five minutes, over 2,000 invoices can be processed. DOC.pilot can be freely configured and flexibly adapted to any document layout.

ZUGFeRD was developed by the Forum for Electronic Invoicing in Germany for the purpose of facilitating the exchange of electronic invoices between companies. Its format allows the invoice data to be integrated into one PDF document in an XML format: The invoices are dispatched as a PDF document, but the data are also converted to a standardized XML structure embedded in the PDF file. The invoice display thus cannot be distinguished from any standard PDF invoice.

About fidis

fidis GmbH is internationally one of the leading service providers of standard software for factoring and ABS processes based on SAP. The use of “FACT.pilot®” and “ABS.pilot®” enhances the competitiveness of factoring companies as well as the banking houses and saving banks. At the same time, they also fulfil the statutory stipulations. The modular structure of the software ensures quick implementation on the required scale. Irrespective of its size, every business can take advantage of this solution. fidis was founded in 2000. Its customers include leading factoring companies, big banking businesses and savings banks.
www.fidis.com

Eva Wagenbach
möller pr
Telephone: +49 (0) 221 80 10 87-89
E-mail: ew@moeller-pr.de
www.moeller-pr.de

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release DOC.pilot and ZUGFeRD: High Speed for Factoring here

News-ID: 309745 • Views: 10307

More Releases from fidis GmbH

New factoring portal offers extensive range of services
“FACT.portal” radically overhauled / Faster insight into invoice and payment details / Full alignment with factor’s corporate design possible Neuss, 8 May 2017. The “FACT.portal” web portal brings order and clarity to the flood of documents and data in factoring. The radically overhauled version now speeds up document handling significantly. Customers can view key information concerning payments even faster. Moreover, factoring service providers can customise the portal to match their company’s
New IT solution uncovers fraud in factoring
The DOC.pilot IT tool detects indications of possible forged invoices / Factoring fraudsters cause millions of Euros of losses / More security in factoring Neuss, 13 March 2017. fidis GmbH in Neuss has expanded its DOC.pilot PDF analysis tool with functions for preventing fraud. DOC.pilot detects indications of possible forged invoices and sounds the alarm when it finds any. In this way, factoring companies and banks are given an indication of
fidis GmbH boosts its client service
New headquarters in an ultra-modern office and commercial centre in Neuss / close to partners and improved infrastructure / new corporate website with optimised user-friendliness Neuss, August 3, 2016. fidis GmbH has moved its head office. On August 1, the provider of software solutions for factoring and ABS processes moved into a modern office and commercial centre in Neuss near Dusseldorf. The main reason for the move is the improved ITK
fidis GmbH boosts its client service
Neuss, August 3, 2016. New headquarters in an ultra-modern office and commercial centre in Neuss / close to partners and improved infrastructure / new corporate website with optimised user-friendliness fidis GmbH has moved its head office. On August 1, the provider of software solutions for factoring and ABS processes moved into a modern office and commercial centre in Neuss near Dusseldorf. The main reason for the move is the improved ITK

All 5 Releases


More Releases for DOC

Doc Management Software Market Rewriting it's Growth Cycle
A new business intelligence report released by HTF MI with title "Global Doc Management Software Market Report 2019 - Market Size, Share, Price, Trend and Forecast" is designed covering micro level of analysis by manufacturers and key business segments. The Global Doc Management Software Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics
Tag DOC provides document management, tracking and barcode scanning
FabSoft is proud to present Tag DOC, a document management solution for a variety of industries and applications including finance, legal, education, real estate, construction, manufacturing and healthcare. It offers a fully automated document tracking solution that helps streamline workflows and enhance accuracy throughout the warehouse environment. Most importantly, Tag DOC provides a proprietary barcode system that overcomes the accuracy limitations of conventional optical character recognition. This helps to ensure
TOP LIPO DOC EXPERT IN TREATING CANKLES
Top Lipo Doc John A. Perrotti, MD is an expert in treating calves and ankles ("Cankles") with liposuction. "Liposuction is the gold standard for treatment of large calves and ankles and generally provides excellent results", says board-certified NYC plastic surgeon Dr. Perrotti. While this is not the most common area for liposuction, improvement of the calves and ankles can be dramatic in carefully selected patients, and in experienced hands. Patients often
Doc Watson Statue to Be Placed In Downtown Boone
The Downtown Boone Development Association (DBDA) is erecting a statue of Doc Watson on King Street in Boone. The statue is to commemorate Doc in the town he got his musical start in. Doc Watson’s only request is that the statue read “Doc Watson: Just one of the people.” In Blind But Now I See, the no-holds-barred account of Doc Watson's life and career, Doc’s experiences in Boone are retold,
Singer Abigail Washburn Calls Doc Watson’s Music Something Truly American
In a recent Tiny Desk Concert on NPR, singer Abigail Washburn talked about how Doc Watson’s music, specifically his LP of ‘Shady Grove,’ inspired her to pick up her banjo and tour the East Coast. She called his music, “Something truly American,” and is something she can be “proud of.” In Blind But Now I See, written by Dr. Kent Gustavson, provides a comprehensive and critical look at the
Top Doc Chicago Announces Marketing Agreement with Comcast Spotlight
For the First Time, Patients Can Meet and Book their Healthcare Appointment through Comcast Spotlight’s On-Demand Advertising Platform January 2011 (Chicago, IL) – In January, Top Doc Chicago will feature their participating Doctors and Dentists on Comcast Spotlight’s Searchlight video-on-demand (VOD) advertising platform, available to Comcast cable customers 24-hour- a-day, 7-days-a-week as part of their Xfinity by Comcast television service. This is a breakthrough technology where residents can