Study: E-invoicing and supply chain financing to boost bank revenues after SEPA

October 7th, 2008 by in Uncategorized

A recent study looking to identify possible benefits for corporate financial service providers in the aftermath of SEPA implementation marks the existence of two separate approaches banks can implement in order to recoup SEPA-related investments and generate additional revenues: electronic invoicing and supply chain financing.

The study points out that SEPA compliance has exerted a high […]

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Blogpost: Model B Introduced at the European EXPP Summit 2008

October 7th, 2008 by in Uncategorized

Source: Accountis
 
The last day of Europe’s main e-invoicing event has now become a discussion forum for the European EIPP operators. This year saw the Third E-Invoicing Operators’ Forum being held in Frankfurt.

One of the most interesting presentations of the day was given by the event organiser, Bruno Koch of Billentis. Bruno presented what he termed […]

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Siemens Enterprise Communications GmbH selects TIE DCM for global trial

October 7th, 2008 by in Uncategorized

TIE Holding N.V. (“TIE”) hereby announces that Siemens Enterprise Communications GmbH has selected TIE DCM as a key part of their worldwide indirect partner program.

The TIE Digital Channel Management solution (DCM) will enable Siemens to manage and distribute their marketing and sales information real-time to their worldwide indirect sales channel. Starting with a pilot phase […]

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E-invoices gain popularity

October 3rd, 2008 by in Uncategorized

According to Statistics Estonia, in January 2008 four out of ten enterprises with Internet connection had received e-invoices, three out of ten had sent out e-invoices. In the previous year the corresponding indicators were two out of ten and one out of ten.

ID-card was used by four out of ten enterprises with Internet connection. ID […]

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Increasing confidence in eInvoicing

October 3rd, 2008 by in Uncategorized

The popularity of online payments for utility bills (electricity, gas, water) is increasing in Hungary since the launch of a new eInvoicing service last year by the Díjbeszed? Holding (Utility Fee Collection Holding), despite a persisting reticence to change.

There are now over 50 000 residents in Budapest who choose to pay their utility bills over […]

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Corporate finance benefits from SEPA going electronic

October 1st, 2008 by in Uncategorized

Corporate finance executives have been asking where’s the benefit of the single European payment area, SEPA? Moti Porath of Fundtech argues that now is the time for those directors to reinvent their financial supply chain. Building on the electronic payment and invoicing services around SEPA standards will capitalise on existing investments and attract new business.

Single […]

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Consumers benefit from opportunities SEPA

October 1st, 2008 by in Uncategorized

“Since the successful start of the Single Euro Payments Area (SEPA) more and more consumers have been benefiting from the opportunities it offers,” Hans-Joachim Massenberg, Deputy General Manager of the Association of German Banks, said in Berlin.

“Around 185,000 credit transfers are made every day with the SEPA scheme,” Massenberg continued, most of them by retail […]

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Get connected in our LinkedIN group

September 30th, 2008 by in Uncategorized

The EEI Platform LinkedIN group offers your organisation and representatives many valuable contacts all over Europe.

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e-Invoicing: Now’s the time to jump in

September 30th, 2008 by in Uncategorized

Finally, the promise of paper-free purchasing and processing is nearing reality. You’ve heard the rumblings since the 1970s, that all procurement transactions were going “electronic” — and watched as the efforts have stumbled and stalled.

But there are two factors at work today that are making paper-free operations (e-invoicing) much more feasible:

The cost of the necessary […]

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Banking on Sepa

September 30th, 2008 by in Uncategorized

Banks will look to e-invoicing and supply chain financing as value-add services in the post-Sepa world, says TietoEnator.

The initial focus on Sepa was cost, but as banks seek to recoup the investment they have made in compliance, attention has turned to revenues. Europe’s banks are at the start of a road that will take them […]

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