The Invoice Recognition feature makes payments fast and hassle-free. Instead of manually entering recipient details, simply upload an invoice, and our system will automatically scan and populate fields like the recipient’s name and account information.
This feature is particularly useful for both SEPA and international transfers, as it reduces the need to request full account details from the recipient and minimizes the risk of manual errors or incorrect entries.
How to Upload an Invoice?
This feature is available on both the Vivid Money App and the Web Interface. To get started, simply follow these steps:
Go to the Payments tab.
Click Transfer.
Upload or drag the invoice file into the designated area, and our system will auto-fill the recipient details.
Review the populated details and edit if necessary.
Enter the amount you wish to send and choose the account to transfer from.
And that’s it! Depending on your user role, the transfer will either go for approval or process immediately.
Invoice Criteria
To ensure smooth processing, invoices should meet the following criteria:
File type: PDF, PNG, JPEG, JPG, HEIF, .XML
File size: Less than 10 MB
Quantity: Only one invoice can be uploaded per transfer
Bill Pay Feature
You can also take this step forward with our Bill Pay feature. Instead of having to upload invoices yourself, just give the special email address we set up for your company to your suppliers, creditors, or partners.
They can send invoices directly as attachments to this email, and our system will automatically recognize and upload them to your business account, including payment information, so they’re ready for you to check in the Bill Pay section.
Visit this page for more information on how this feature works.