EDICOM expands connectivity in Switzerland through an agreement with Swisscom

August 31st, 2016 by in Cooperation, Electronic Invoicing, Europe

The cooperation is not limited to the e-invoicing document or the B2G scope. The alliance with Swisscom will also serve to improve EDI connections in the B2B area, while optimizing trade and logistic relationships for the clients of both parties, with the fluid exchange of all types of EDI transactions.

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Data Interchange migrates 250 Visteon suppliers to its Dinet Integration Network

August 31st, 2016 by in Interoperability

Approaching Data Interchange with a fixed closure date, Visteon needed to replace its existing legacy system with a reliable and cost effective solution that would facilitate the transfer of 250 suppliers to a brand new system in as little as 12 weeks.

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Invoice automation case study: Bilderberg

Bilderberg implemented AP automation with e-invoicing to reduce costs & increase efficiency.“In short, costs have been reduced, and efficiency has gone through the roof!”– Stéphanie van der Stelt, Manager Finance Accounting & Control.

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Doka aims to send e-invoices across the globe with Pagero [video]

August 31st, 2016 by in Electronic Invoicing, Europe

By using Pagero’s services, the Doka Group has been able to fulfill all legal requirements in Europe, while also saving money, the environment and meeting customer requests for e-invoicing.

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The Invoiceware International LATAM Compliance update: Mexico, Brazil and Colombia

August 31st, 2016 by in Compliance, Latin America

Invoiceware International has tons of experience and knowledge in e-invoicing, AP automation and accounting compliance in Latin American countries. Underneath is an update of their most recent thoughts that they shared with te world.

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METRO SYSTEMS optimizes its data exchange with Comarch EDI

August 18th, 2016 by in Digitalisation, Electronic Invoicing

the IT service provider of METRO GROUP has chosen Comarch EDI. During the project the entire EDI communication of 234 hypermarkets and more than 20,000 distributors in 24 countries has been migrated onto the global platform of Comarch EDI.

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Smart tactics in e-procurement could save UK SME’s 106 billion GBP

August 18th, 2016 by in Europe, Procurement, Research

If British SMEs could realise even a small percentage of the estimated savings by e-procurement, profitability would soar and working capital as well as cash flow would be significantly improved, allowing businesses to be more agile and flexible.

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Saudi Arabia mandates B2B e-invoicing, as an respond to lower oil prices

August 16th, 2016 by in Asia, Compliance, Electronic Invoicing

The mandate will be gradually enforced and comes ahead of the introduction of new taxes over the next two years. The new taxation initiatives are part of the Saudi government’s aim to diversify its revenue streams while oil prices remain low.

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That’s how you do it: offer customers who register for ebilling a one-time $10 credit!

“By introducing this new $10 credit, we hope to be able to give customers who haven’t yet signed up for ebilling that little extra incentive.”. That’s the way!

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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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