Archive for Featured Articles

New approach: efficient invoice processing as an intangible asset

New approach: efficient invoice processing as an intangible asset

In this article on CFO.com William Heitman explains that in the last 40 years, tangible assets have declined to 15% of business value, while intangible assets now generate 85% of value. This means that most intangible assets (and there value) are no longer comprised of trademarks and patents, but rather of "tasks", "processes" and "competences".

When we relate invoice processing to intangible assets, it is clear to see that e-invoicing and AP automation increases the value of this as an intangible asset dramatically. An interesting new approach to the value of e-invoicing, interoperability and AP automation.

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Spoof Adele: “Should I give up or should I keep chasing payments”

July 18, 2016  |  Featured Articles, Payment

This video highlights the struggles of UK Small business owners over unpaid invoices. Figures show that 60 per cent of invoices are not paid to small businesses on time and 5.4 million small businesses in the UK spend an hour a day chasing them up.

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EESPA + OpenPEPPOL Position Paper: reduce the amount of syntaxes

EESPA and OpenPEPPOL are very concerned by the provision in the Directive 2014/55/EU that all 300.000+ EU public sector contracting authorities will need to be able to receive electronic invoices expressed in any of a list of up to four syntaxes to be recommended by CEN TC 434 for a European core invoice standard. They propose 2 syntaxes.

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The State of E-invoicing – 2016 Trend Report [Sponsoring opportunity]

E-invoicing is on the rise. The next 5 to 10 years, millions of companies and organisations will be looking for applications, providers, products and services. They start (and validate) their decision making processes by researching information. And in today's world, the most effective and efficient way of information gathering is by using online and social media resources.

Starting from 2004 numerous daily search queries on e-invoicing, by representatives of these millions of companies and organisations all over the world, have created a massive ‘e-invoicing data set’. Using this data set, this report answers questions like: ‘What are the best en worst performing queries on e-invoicing?’, ‘Which topics are rising faster than others compared to a year, two years or five years ago’, ‘What are the trending topics in Europe, North America, Latin America and in Asia?’, ‘Which providers can be ranked among the stars in their domain?’, ‘Did trends mentioned by experts really take off?’, and so on.

We invite you to become part of this exciting report with unprecedented insights and audience. More details and the sponsoring opportunities about 'The State of E-invoicing - 2016 Trend Report' can be found in this document, as well as online here.

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Electric Ireland: discounts of up to €114 to EXISTING customers that accept e-billing

Energy experts said the offer to existing customers represents a new departure for an energy company. In fact is a novelty for almost every company in the EU, not just in Ireland or for an energy company!

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[UPDATE] Huh?! Lexmark is looking for a buyer…..?

Just last year Lexmark bought Kofax for a staggering $1 billion. In 2014 it bought Readsoft for $254 million. In 2013 it bought Saperion for $280 million. In 2012 it bought Brainware for $154 million. In 2010 it bought Perceptive Software for $280 million. So what's going on here?

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Introducing Data Interchange: international provider of EDI and eBusiness solutions

We are delighted to again welcome an e-invoicing service provider with a global reach. This time we give the floor to Data Interchange. Data Interchange is a leading international provider of EDI and eBusiness solutions. For more than 25 years, Data Interchange has helped thousands of satisfied customers. Data Interchange operates a global B2B network, Dinet, that enables trading partners all over the world to do business electronically.

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UBL 2.1 is now an ISO/IEC standaard. Big boost for e-invoicing!

Universal Business Language (UBL) has been available for over ten years now, and is becoming a predominant NEXTGEN format for electronic invoicing. In Europe and many other countries, the aim is that e-invoices will increasingly be distributed in UBL (sometimes in combination with PDF).
More and more governments, providers of accounting software and e-invoicing service providers support UBL. And now UBL 2.1 has officially been adopted as an international ISO / IEC standard. A major step towards UBL e-invoicing!

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PEPPOL made mandatory for Swedish central government agencies as of 2018

ESV has adopted the regulations for e-procurement in Swedish central government agencies. The mayor change is a requirement that by November 2018 all government agencies shall be able to use the PEPPOL network for their ordering and invoicing processes. The regulation issued by ESV explicitely states that central government agencies shall have the capability to use the PEPPOL network and be registered as recipients for different PEPPOL BIS messages in a Service Metadata Publisher (SMP). This is an important step to increase adoption of PEPPOL in Sweden and it will facilitate on-boarding of suppliers to government.

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SCF Community issues ‘open RFI’ project, e-invoicing plays a vital role as an enabler

In the ‘open RFI’ project, over 30 providers of supply chain finance (SCF) services will participate with the goal to directly compare the services available to corporations who seek to put in place an supply chain finance programme for their smallest suppliers.

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