Always Know Who to Trust
VISMA | Yuki's Fraud-resistant Invoice Validation
Sebastian Toet
Solution Architect, VISMA | Yuki
Challenge
When it comes to enterprise accounting, every digit counts. VISMA | Yuki needed to validate millions of invoices without manual intervention.
Solution
Encrypted data storage and fine-grain access controls ensure every client's financial data stays under their control.
Impact
- 6MInvoices validated annually
- ZeroManual verification
- 100%Tamperproof records
Avoiding Invoice Fraud, at Scale
When it comes to enterprise accounting, every digit counts. VISMA | Yuki needed to validate millions of invoices without manual intervention.
- Identifying which incoming invoices are legitimate
- Knowing in what stage invoices are at any given time
- Maintaining accurate bookkeeping records for years to come
- Compliance with VAT, the EU's eInvoicing Directive, and other regulations
The Vision
“Turn time consuming traditional accounting practices into one that is both largely automated and less fallible.”
Real-time Invoice Validation
Complete Data Sovereignty
Encrypted data storage and fine-grain access controls ensure every client's financial data stays under their control.
Automatic Validation
Over 500,000 invoices per month validated automatically with cryptographic verification of authenticity.
Tamperproof Records
Permanent, unchangeable digital records of invoices and tracking of their lifecycle from creation to settlement.
Interoperable Infrastructure
Full compatibility with Peppol and UBL standards for flexible use of data across various accounting tools.
A Gold Standard in Accounting
“VISMA Yuki has been looking for independent solutions for validation and verification of large amounts of financial documents for a long time. With mintBlue's infrastructure, this becomes a technological and cost-effective reality.”
Sebastian Toet
Solution Architect, VISMA | Yuki
Secure, Automated Accounting for All Enterprises
The vision: businesses receive verifiable digital identity credentials from their chamber of commerce. An invoice is created, signed, immutably stored, and sent to a customer. The customer verifies with credentials and processes it. VAT settlement and taxation is performed automatically by tax authorities. All performed instantaneously. This reality might be closer than you think.
Automate Your Financial Operations
See how convergence infrastructure can bring fraud-resistant validation to your financial operations.