Reverse invoicing made simple

Accurately issue reverse invoices

Transvirtual simplifies reverse invoicing by allowing businesses to generate and issue invoices to suppliers or partners.

Trusted choice by nearly 100,000 businesses

Automated reverse invoicing

Reverse invoicing lets buyers issue invoices instead of sellers, streamlining B2B accounting and giving buyers more control. Transvirtual automates this process effortlessly for your business partners or contract accounts.

Before

Transvirtual

vs.

Buyers manually generate invoices, leading to errors and delays
Inconsistent processes across different business partners
Time-consuming back-and-forth for invoice management
Difficulty managing multiple reverse invoicing accounts
Lack of integration with existing systems
Limited control over invoicing workflows

After

Transvirtual

Automated reverse invoicing eliminates manual input and errors
Standardized invoicing for partners or contract accounts
Seamlessly validate and generate invoices
Effortlessly manage of numerous accounts in one system
Fully integrated with Transvirtual for seamless data exchange
Complete control and transparency in your invoicing process

Reduce the time spent managing supplier invoices.

Reverse Invoicing Simplified

Sometimes, it makes sense for you to create an invoice on behalf of a supplier. Save time reconciling and reduce risk of error.

Generate Invoices for Your Network

Generate automated invoices for agents, carriers, or subcontractors. It’s fast, convenient, and easy.

Build Trust and Avoid Costly Errors

Compare as you go. Validate the invoices you receive line-by-line. Ensure you’re getting paid accurately.

More  Features

Join over 10,000+ ecstatic transport and logistics companies

Our transport solutions have over 500 configurable features designed to solve your most complex challenges

Our entire business has been positively impacted by the TransVirtual technology solution, it has allowed the business to scale without creating or increasing inefficient manual
processes.

Built for scale

Anthony Tanner

CEO, VT Freight Express

TransVirtual has reduced customer enquiries by 50% and given our customers full visibility throughout the delivery process. We have also been able to review set routes and find major
cost savings.

50% reduction in customer queries

Luke O’Shannassy

General Manager, Caledonian Transport

Automation prevented revenue leakage within the business, so a massive benefit for us from a profit perspective, that automation also allowed us to significantly reduce our staff headcount.

40% increase in revenue

Richard Tesoriero

CEO, Hunter Express

Our entire business has been positively impacted by the TransVirtual technology solution, it has allowed the business to scale without creating or increasing inefficient manual
processes.

Built for scale

Anthony Tanner

CEO, VT Freight Express

Automation prevented revenue leakage within the business, so a massive benefit for us from a profit perspective, that automation also allowed us to significantly reduce our staff headcount.

40% increase in revenue

Richard Tesoriero

CEO, Hunter Express

TransVirtual has reduced customer enquiries by 50% and given our customers full visibility throughout the delivery process. We have also been able to review set routes and find major
cost savings.

50% decrease in customer queries

Luke O’Shannassy

General Manager, Caledonian Transport

Frequently asked questions

What is reverse billing in logistics?

Reverse billing in logistics is a process where the customer creates an invoice for a supplier instead of the supplier creating the invoice. It’s also known as reverse invoicing or Recipient Created Tax Invoice (RCTI).

How does reverse billing work in practice?

Reverse billing works as follows:

Agreement: Both customers and suppliers agree on contract terms.

Instead of the supplier issuing the invoice, the customer calculates the payables and generates the invoice

Supplier reviews and approves invoice

Customer processes the payment

Reverse billing is especially useful in industries with complex supplier networks or frequent transactions.

What documentation is required to set up RCTI arrangements?

To implement Recipient Created Tax Invoices (RCTIs), the following documentation is required:

Written Agreement:

Both parties (customer and supplier) must sign a valid written agreement.

The agreement should outline the terms, including agreed rates, payment terms, and GST requirements.

Compliance with Tax Regulations: The agreement must comply with the Australian Taxation Office (ATO) requirements for RCTIs.

Industry Standards: Documentation should align with industry-specific invoicing and compliance standards.

Still have questions?