Electronic invoicing

Alvac

What connection could there possibly be between the world of construction and maintenance of public works and the technology sector? We'll tell you: one of the most effective and productive. The success story of our collaboration with Alvac is the best example of this.

Objectives

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Digital Business Transformation

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Global Electronic Invoicing

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Unification of the company's billing process

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Centralization of the invoice receipt process

Context

Alvac S.A. is a company based in Segovia with extensive experience in its sector, where it has been operating since 1985. Since then, the company has been dedicated to the execution, repair, and maintenance of public works. Buildings, work with various industries, concessions, sports facilities, projects related to the environment... 

Alvac is an organization that works with numerous public entities and agencies. Therefore, for a large number of the projects it carries out, it is required by law to have an electronic invoicing system. 

At the same time, the market in which Alvac operates is highly traditional. As such, there was some skepticism about whether easyap's technology would be useful in such a conventional work environment. However, as the figures following this fruitful collaboration have shown, these doubts were quickly dispelled. 

Alvac's Needs

The fact is that Alvac turned to us to implement the electronic invoicing service. In addition, they needed the system to be interconnected with FACe, which is the general entry point for electronic invoices for the Spanish General State Administration. All Spanish companies have been required to submit their e-invoices through FACe since January 2015. 

Faced with this situation, as a company that works regularly with the public administration, Alvac had the following needs: 

  • Generate and issue invoices in electronic format. 
  • Be able to sign invoices with a valid official certificate.

 

The easyap Solution

The proposal we put forward at easyap was to implement an electronic invoicing portal that would allow them to resolve both issues. With this system, Alvac has software with which it issues, sends, accounts for, and stores all its customers' invoices. Not only that, but the solution is connected to the Public Administration through the aforementioned FACe.

Similarly, Alvac, which works with more than 20,000 public bodies, has greatly optimized not only its invoicing processes, but also its accounting in general. Furthermore, although it is not a company with an excessive volume of invoices issued (around 1,500 per year), it highlights the convenience of the easyap solution for accounting for and tracking each and every one of them.  

Comfort and resource optimization thanks to technology!

Results

Immediate visibility of all invoices

A single space, which is not lost among the different departments. 

Increased productivity

Cost and time savings for both Alvac and the supplier.

Electronic record of all proceedings in the process

Promoting internal control.

Improvement of the relationship between Alvac and suppliers

Thanks to much more agile communication and processes.

Better Treasury planning

adapting to the tax requirements of each business (Germany, France, and Spain).

What was a fixed cost has been transformed into a variable cost.

The easyap system charges based on the number of invoices processed. 

Real cost provisioning

Expense management and forecasting have been greatly optimized.

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