How do you validate an invoice for upload to the platform?

Every invoice that is uploaded to the platform is analysed based on more than a hundred criteria.

One of the most important criteria is the validation of the invoice by the debtor. This process is called “external audit” of the invoice.

By default, the debtor must answer a couple of questions by mail:

  • Does the debtor acknowledge the invoice as genuine?
  • Are the invoice amount mentioned and the due date correct and accepted?
  • Have all goods/services mentioned on the invoice been delivered/rendered in full?
  • Is there any intention of disputing the invoice?

In some cases, the mail of the external audit is replaced by a procedure leading to equivalent information (for example, an invoice with the indication “passed for payment” is signed by the debtor).