Does a phone survey under 80 people deliver statistically relevant data?

Every year this domain generates a vast amount of research reports. Together they somehow provide a birds eye view of the e-invoicing and AP automation landscape. However sometimes you’d have to ask yourselves whether a research delivers statistically relevant data. As in this case where a 1 billion waste claim was based on result from a mere phone survey of 80 people. Is this the way to go?

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UPDATE: Mandatory e-invoicing in Chile as from 1 November 2014.

For many in 2014, e-invoicing in Chile is transitioning from prescribed to mandatory. The Chilean electronic invoicing model combines elements of the batch-oriented folio scheme used in the legacy Mexican CFD model along with the real-time communication as found in Brazil and Argentina.

In September of 2013, the Chile SII (tax authority) announced that they will be rolling out mandatory electronic invoicing for large enterprises with an expectation of having all companies transitioned by the end of 2017. Large enterprises, those over 2.4 Billion CLP will have to be live around October 2014.

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4 things to look at when choosing a ‘free’ e-invoicing provider

October 31st, 2014 by in Adoption, Electronic Invoicing

The e-invoices industry is claimed to be a $280 million annual global market, with an expected growth of 13% every year. So it’s only natural that more players enter the arena. creating extra noise, and making it difficult to compare one e-invoicing service with another. InvoiceSharing mentions four major aspects that helps you to make a decision between a ‘free’ and a ‘free’ e-invoicing service provider.

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Colleges and universities should increase AP automation and e-invoicing adoption

Corcentric is featured in the recent Purchase to Pay in Higher Education Report from PayStream Advisors. The report shows that although colleges and universities lag behind other industries in implementing workflow automation and e-invoicing, they are demonstrably ahead of these same industries when it comes to electronic payments.

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G4S Security Netherlands saves with e-invoicing by Anachron

October 30th, 2014 by in Adoption, Electronic Invoicing

G4S Netherlands, part of the largest security company in the world (G4S), has chosen Anachron for a full e-invoicing solution. G4S wants to lead in its market when it comes to the developments in the field of e-Invoicing. Anachron met all the e-invoicing needs of G4S on this.

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Survey: 20000 corporate treasurers want a global bank e-billing format

According to Euromoney’s 2014 cash management survey, over 60% of a record 28,000 treasury professionals from non-financial corporates and financial institutions want to see the universal use of a common electronic bank billing standard, with Asia Pacific based treasurers the highest by region among them at 68%. By comparison, 50% of Europe based treasury professionals want it.??

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SAP and Ariba Transform e-Procurement in Middle East

October 28th, 2014 by in Adoption, Asia, E-procurement

As little as two years ago, procurement in the Middle East could be summed up in two words: administrative task. But a transformation is underway. Procurement is fast becoming a strategic capability that beyond costs savings and efficiencies, can deliver business innovation and outcomes. And with increasing frequency, companies across the region are turning to SAP and Ariba to drive it.

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How long does it take you to on-board a new supplier?

October 27th, 2014 by in Adoption, Electronic Invoicing

CloudTrade recently onboarded a new supplier in just 26 minutes – from initial request via email (to a supplier we’ve never had contact with before) to the supplier actually submitting their first, live production invoice via CloudTrade.

So how is CloudTrade able to onboard a supplier that quickly? Well, perhaps of their drive and because CloudTrade is different from other e-invoicing solutions. There are three key differentiators, why CloudTrade can onboard more suppliers and more quickly than anyone else…

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Strategic partnership between Tungsten and Trustweaver for global compliant e-invoicing

Tungsten Network announced to have inked a strategic partnership with TrustWeaver. TrustWeaver’s legally compliant electronic signature, time-stamping and tax authority clearance functions had already been integrated into Tungsten Network’s document creation and validation workflows. However, this strategic partnership between Tungsten and Trustweaver implies a next step…

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SEPA: Banks discontinue direct debits in favour of automatic e-invoice standing order

October 27th, 2014 by in Electronic Invoicing, Europe, Payment

With the integration into the Single European Payment Area, the requirements of the European Parliament Regulation will enter into force, more and more Nordic banks phasing out the current direct debit based solutions in favour of the automatic e-invoice standing order: a subscription based e-invoice process.

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