Example of how using corporate group IDs allows multiple supplier registries to be combined
The diagram above shows three subsidiaries (buyers), each with their own ERP system, and two suppliers that they have in common.
Corporate group IDs (CIDs) allow you to combine master data from all three ERP systems. Here you can see how the buyers and suppliers are linked together in a single set of master data:
Supplier registry
Contains supplier information that Kofax ReadSoft Invoices can use to identify suppliers and then link invoices with the correct invoice definition. Stored in Kofax ReadSoft Invoices' database.
You can import supplier information from your financial system into a supplier registry, or you can create a supplier registry using Microsoft Excel and then import it from there.
| Supplier name | Supplier no. | CID |
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Buyer registry
The buyer registry contains information, imported from your financial system, that Kofax ReadSoft Invoices can use to route invoices to the proper buyer or legal entity. The buyer registry is stored in Kofax ReadSoft Invoices' database.
| Buyer name | Buyer no. | CID |
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