Archive for Featured Articles

Give the EC your view on e-invoicing in public procurement!

Some of the EU member states have made e-invoicing mandatory for business-to-government (B2G) transactions, which has led to several separate national e-invoicing systems. The result: fragmentation of the internal market. The EC is trying to figure how to overcome the barriers of e-invoicing in public procurement. You’ve guessed it: a consultation.

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There’s only one way to reach 100% electronic invoicing

The solution has to come from the application of innovative technology. If you’re an enterprise putting in place a new e-invoicing solution, you don’t want to wait years for your partners to catch up. Tradeshift can help, with the most advanced OCR you’ll ever see and a neat mechanic that will remember your suppliers details for future interactions.

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Companies keep missing golden opportunity to generate revenue

October 17, 2012  |  Featured Articles, Publications, Research  |  No Comments

International Data Corporation's latest white paper (sponsored by Ricoh) tries to bust the myth that the impact of improving document-driven processes applies only to reducing costs through back-office efficiencies. Au contraire, says IDC, because it yields strategic, top-line benefits while reducing bottom-line costs.

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Indian SMEs are opening up to cloud technology

October 10, 2012  |  Adoption, Asia, Featured Articles  |  No Comments

A survey conducted among 150 Indian (SMEs) shows that one-fifth of the respondents do not use any kind of information and communication technology tools. It’s fairly safe to claim that Indian SMEs are quite reluctant to embrace technology. Ariba deserves a thumbs up then, because the company is now not only working with larger companies like Benetton India, but with SMEs as well.

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The E-invoicing Platform Media Pack: connecting people, ideas and solutions

September 19, 2012  |  Featured Articles, Publications  |  No Comments

With our current reach and (upcoming) instruments, the E-invoicing Platform has grown to a (THE) global e-invoicing community for professionals. With a single purpose: connecting people, ideas and solutions. This Media Pack will guide you to discover how our podium can help you to express your commercial and business objectives and reach your own goals.

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EU doesn’t keep up with e-invoicing pace

Susie West’s sharedserviceslink.com wants to keep its community for leaders in finance shared services open to different opinions. During their e-Invoicing Europe conference last July the European Commission’s influence on the e-invoicing market was brought up for discussion. The conclusions don’t look too rosy.

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US$2.8 million for development of Hong Kong e-billing system

Hong Kongers aren’t afraid of doing things the electronic way. At the end of 2011, for example, there were 7.6 million individual e-banking accounts and 660.000 business e-banking accounts. These numbers must have won over the Hong Kong Monetary Authority (HKMA), because they will launch an electronic bill presentment and payment system in the second half of 2013.

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PDF and scanned invoices don’t allow for automated invoice processing. Stone Age anyone?

Here we take the risk of offending some of you. But honestly, anyone who says that “PDFs and images don’t permit automated processing” has either been living under a rock for the last ten years (and shows to remain to do so) and/or acts a stakeholder in favour of structured e-invoices.

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Belgian e-invoicing legislation takes a leap forward

August 29, 2012  |  Europe, Featured Articles, Government, Legal  |  No Comments

Go Red Devils! We hope that Belgian e-invoicing advances as majorly as their national football team. The recently approved draft proposal that aims to further simplify electronic invoicing and archiving for paper and electronic invoices puts us in an optimistic mood. The Belgians implement European Directive 2010/45/EU of 13 July 2010 with this new law.

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EC proposal for Tax Fraud Quick Reaction Mechanism adopted

August 28, 2012  |  Europe, Featured Articles, Legal  |  No Comments

Last week a proposal for a Quick Reaction Mechanism (QRM) was adopted by the European Commission. The QRM allows Member States to respond more swiftly and efficiently to VAT fraud. Counteracting the fraud nearly immediately, while more permanent measures are being established.

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