Archive for Research

Draft of EC’s Golden Book of E-Procurement Good Practices is out now!

You’ve actually listened to the European Commission’s request to contribute to the Golden Book of e-Procurement Good Practices. So thanks for that. DG MARKT of the EC has recently published a draft version of the Golden Book. It consists of a set of 24 good practices which were derived from analysis of the info that you shared with them.

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No more manual processes for Finland, Norway, Poland and Sweden

November 29, 2012  |  Digitalisation, Europe, Research

We are happy to announce that an Itella Information survey shows that automated and electronic processes seem to be preferred by companies in Finland, Norway, Poland and Sweden on a wide scale, while processes involving a certain degree of manual labour now count for less than 30% of all finance and accounting processes.

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30.8% of UK businesses unaware of how many invoices they process

November 22, 2012  |  Adoption, Electronic Invoicing, Europe, Research

Kewill’s recent eInvoicing Survey of 117 companies shows that 44.9% of UK businesses have an e-invoicing solution in place today and 23.8% will be looking at implementing one within the next to years. That’s quite an improvement from a year ago, but there’s still a lot of work to be done.

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EDI VAN providers need to lower their prices

EDI VAN stands for Electronic Data Interchange Value Added Network and it’s the subject of Liaison Technologies’ and NewEDI’s recent survey. The survey reveals that mid-market companies believe most EDI VAN providers are using old business models, resulting in higher prices and less value in today’s tougher economic climate.

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20% drop in supplier resistance to e-invoicing adoption

October 23, 2012  |  Adoption, Electronic Invoicing, Research

Basware has the (un)rewarding task of bringing the world some great news and some not so great news at the same time. Their annual Global E-invoicing Study shows that supplier resistance to e-invoicing adoption has significantly decreased from 46% in 2011 to 26% in 2012. But don’t get too excited, because it also shows that 81% of invoices are scanned for invoice processing and 69% of businesses print invoices in-house.

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Companies keep missing golden opportunity to generate revenue

October 17, 2012  |  Featured Articles, Publications, Research

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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Connecting suppliers biggest obstacle to uptake of e-invoicing

October 4, 2012  |  Electronic Invoicing, Research

Recent Certipost research among 40.000 Belgian companies reveals that as many as 57% see connecting business partners as a major stumbling block regarding electronic invoicing and document exhcange. The management of both electronic and paper documents within the companies is also considered a challenge.

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Milestone: over 50% of companies deploy AP automation solutions

September 24, 2012  |  Adoption, Invoice Automation, Research

PayStream Advisors has been studying the trends in AP automation for nine years and has just released their latest results (with ReadSoft’s help). And what do we learn from this newly released research? More than 50% of all companies are implementing front-end automation and automated workflow. Let’s hope that this is a continuing trend.

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High risk of breakdowns in document-driven business processes

September 11, 2012  |  Publications, Research

IDC gives out a warning for bosses who don’t think document-driven processes belong in the category of high probability/high impact. Their recent Ricoh sponsored white paper shows that there is a high risk of breakdowns in these processes causing severely negative business outcomes. Our advice? Stop neglecting your document processes!

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Participate in the revision of UN Recommendation 14 on Electronic Signature

August 28, 2012  |  Legal, Publications, Research, Standards

UN/CEFACT has validated a revision of Recommendation 14. It was originally drafted in 1979 and is in serious need of updating. Lance Thompson has been confirmed as chair for coordination of this revision work. Any experts in the field, who are interested in participating, please contact him a message via LinkedIn with your contact details.

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