Can paper billing still be more cost effective than e-invoicing? Yes it can!

Can paper billing still be more cost effective than e-invoicing? Yes it can!

A Danish Energy provider decided to test with a population of new customers whether switching to paper invoices would improve the speed of payment. It also wanted to know whether digital invoices were cheaper than physical mail in regard to overall operational costs.
Shockingly it found out that sending invoices via e-mail actually increased their overall costs: it cost the company $3.25 per customer to get paid by paper invoice and $5.75 per customer billed by e-mail.

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EESPA members processed 840 million 'non PDF' EU e-invoices in 2013

EESPA members processed 840 million ‘non PDF’ EU e-invoices in 2013

June 30, 2014  |  Adoption, Electronic Invoicing, Europe, Featured Articles  |  Comments Off

EESPA commissioned its first annual survey among its members as part of a continuing commitment to supporting the rapid market growth of e-invoicing and to play its part in monitoring take-up. The survey was carried out through a trusted third party on the basis of actual transaction volumes, collected on a confidential basis from individual EESPA members for the calendar years 2012 and 2013. In 2013 the total volume of non PDF e-invoices rose to over 840 million in 2014.

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E-invoicing is dead. Long live e-invoicing! And the paper invoice?

Even though the starting points by Taulia+Ricoh and Readsoft+Billentis are completely different, they come to the same conclusion: as a standalone feature, e-invoicing creates less value. The true value of e-invoicing emerges when it is use as an enabler for other value added services: AP automatino, dynamic discounting, supply chain finance and so on.

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Mandatory e-invoicing is a real shock for Mexican SMEs

For the Mexcican SME taxpayers making electronic invoicing mandatory is somewhat of a radical cultural change en for some of them, a bit awkward, according to the Mexican Association Authorized Certification Providers (Amexipac).
The organization representing Authorized Certification Providers (PAC), said that for some of these taxpayers it is more comfortable to remain outside the technological evolution, even though it is inevitable in tax matters.

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New EU e-invoicing Directive just “scratching the surface”. And failing to deliver [column]

New EU e-invoicing Directive just “scratching the surface”. And failing to deliver [column]

May 23, 2014  |  E-procurement, Electronic Invoicing, Europe, Featured Articles, Government, Legal  |  Comments Off

In my opinion, the Directive fails to address key issues, without which it will be impossible to achieve real financial and environmental gains for Europe and the business community that serves it.
Whilst I would always welcome all efforts to encourage the use of e-invoicing, in my view this Directive just scratches the surface and leaves many unanswered questions. My fear is that it will actually serve to delay the full economic benefits of e-invoicing, which would make €2.3 billion look like small change.

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BREAKING: Lexmark wants to buy Readsoft for $US182 million. Cash.

Lexmark International, has announced that it has made a $US182 million cash offer for ReadSoft. The offer has been unanimously recommended by ReadSoft's Board of Directors. Since acquiring Perceptive Software in 2010 for $US280 million, printer giant Lexmark has been acquiring a suite of document capture process and content management offerings. Such as Pallas Athena in 2011 for $50.2 million. ReadSoft will now be added to the Lexmark portfolio if the offer is accepted.

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Looking for exposure? But not a member? This is your chance

Looking for exposure? But not a member? This is your chance

April 14, 2014  |  Featured Articles, Uncategorized  |  Comments Off

Some of the many (branding/exposure) features we offer to our members are now also available to non-members. That way your organisation benefits from what the E-invoicing Platform has to offer, without having to become a member straight away.
Post your event in our event calendar. Put a news item on the homepage of the E-invoicing Platform website, and make it stick for a week or two weeks. Or add it to our weekly newsletter. Perhaps you fancy a banner on the homepage for a month or even three months. Go ahead and see what we've got in store for you!

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Europe votes to protect net neutrality and to abolish roaming charges

Europe votes to protect net neutrality and to abolish roaming charges

April 8, 2014  |  Electronic Invoicing, Europe, Featured Articles, Interoperability  |  Comments Off

This week the EU Parliament has voted in favour of abolishing mobile roaming fees and maintaining net neutrality. While US lawmakers have generally favoured corporate entities on these matters, this show the European Union’s tendency to share forces with consumers.
So what’s the deal on this with regard to e-invoicing? Well, not much at first glance. But let’s focus on the roaming fees.

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Introducing eFinans: the first and only finance solution for Turkish e-invoices

March 31, 2014  |  Electronic Invoicing, Europe, Featured Articles, Payment, Supply Chain Finance  |  Comments Off

eFinans,provides e-Invoice Integration, tailor-made e-Invoice support, e-Invoice archiving, e-Ledger application services – as well as online banking solutions through its e-Commerce portal in Turkey. Since Septem­ber 2013, com­pan­ies in Turkey have to com­ply to new mandatory require­ments in e-invoicing. Please click here to download and examine the detailed offering of eFinans, especially for BCCT (Britisch Chamber of Commerce of Turkey) members.

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Who processes 300 million electronic invoices this year? Atlas Products International does!

March 19, 2014  |  Electronic Invoicing, Europe, Featured Articles, North America  |  Comments Off

Just six months after purchasing Orbit UK (the insurance EDI and ebusiness specialists) the rapid expansion of Atlas Products International now processes a whopping 25 million eInvoices. Every month! That is 300 million einvoices processed a year.
Atlas has significantly expanded its eInvoicing activities and credentials in the UK, Ireland, the rest of EMEA and North America over the past 12 months, surpassing many of its competitors through the provision of their intelligent eInvoicing platform, combined with industry leading delivery and customer service.

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