OpenReference

The activities associated with preparing and issuing invoices and other documentation as required. This may include detailed specifications of the product or service configuration delivered as contractually required or customary.

Where applicable this may include triggering the payment draw process. For example settling a credit card payment or drawing a Letter of Credit.

Use Cases

• Standard invoice upon delivery
• Credit card settlement
• Issuing a commercial invoice for tax declaration purposes
• Monthly billing cycle
• Issuing a pre-payment invoice
• Invoicing for products delivered
• Installments invoicing
• Custom service or lease invoicing
• In Retail: Invoicing for Special Orders

Notes

The receipt of funds is a financial process. The Invoice process is an operational formal request for funds for products and services delivered per the agreed terms and conditions. Error-free Documentation Ratio Days Receivables Outstanding Distribution Costs Order Management Cost Order-to-Cash Quote-to-Cash Accounts Receivable Accounts Receivable Factoring

Hierarchy

ID	Name	Level	x
D2	Deliver-to-Order	2	D2
D205	Invoice	3	D205

Metric(s)

ID	Name	Level	x
DP15	Error-free Documentation Ratio	2	DP15
CO12	Distribution Costs	2	CO12
CO121	Order Management Cost	3	CO121
AE11	Days Receivables Outstanding	2	AE11

Term(s)

ID	Name	Clear	x
AR	Accounts Receivable		AR
Factoring	Accounts Receivable Factoring		Factoring
O2C	Order-to-Cash		O2C
Q2C	Quote-to-Cash		Q2C
SOS	Special Order Service		SOS

Workflow

From Input(s)	Process	Output(s) To
wf_process wf_arrow D202 Payment Terms	D205	wf_arrow wf_process Invoice S107 Invoice S208 Invoice S309

Invoice Deliver-to-Order 420500 3 {{{keywords}}} {{{description}}}