UK E-invoicing adoption rises to 43% in larger companies [survey]

June 19, 2013  |  Invoice Automation  |  Comments Off

At least that is what the results of a recent survey (conducted by Accounts Payable News and funded by Basware) wants to tell us. From looking at the figures, it seems there is a major shift in the way P2P departments collaborate. The survey highlights the introduction of Heads of P2P, or Global Process Owners as a key driver of this change. And there is more:
– 60% of the respondents identified cost reduction as the major challenge for 2013 – 58% of departments now work closely together – 43% of the larger UK companies now use einvoicing – only 35% regularly measure exception rates -35% measuring both auto match and exception rates – 34% of the respondents see keeping track of invoices as their biggest operational issue – 29% can’t track their cost per invoice

Read More

40% cost savings is the tipping point to start with Order to Pay automation [survey + webinar]

June 19, 2013  |  Adoption, Invoice Automation  |  Comments Off

The Stanford Global Supply Chain Management Forum issued a new report called “B2B Integration: Business Value and Adoption Trends.” Funded by GXS, the report found that 96% of respondents are planning to expand their B2B e-commerce programs, expecting increases in the number of customers, suppliers and business processes.
More than 60% of respondents anticipate an increase in their B2B Integration budgets to take advantage of the average cost savings of 40% technology provides in the order-to-pay process. More than half (53%) of respondents showed at least a 40% reduction in their order processing costs by using B2B integration technologies. Others noted at least a 40% processing cost savings associated with shipment management and EDI/XML-based invoicing.

Read More

8 Tradeshift E-invoicing Slideshares you should take a look at

June 10, 2013  |  Electronic Invoicing, Invoice Automation  |  Comments Off

As you all peeps know, Tradeshift has shown an impressive track record when it comes to innovation, business development, realisation and visualisation. As part of their philosophy, they share their deepest thoughts on their blog and publish their presentations and webinars. And you should at least check out these SlideShares:
Webinar: The Tradeshift & Intuit PartnershipMaximize Value, Minimize Cost WebinarThe Power of Complete AP Automation WebinarFast Track WebinarTradeshift Corporate PresentationTradeshift CloudScan WebinarTradeshift CFO in the cloud

Read More

Atos integrates Ariba’s cloud-based e-procurement app with its SAP system

June 5, 2013  |  E-procurement, Invoice Automation  |  Comments Off

Creating and managing accurate, user friendly catalogs that are compliant with corporate purchasing policies can be a challenge – particularly when attempting to do it within an ERP system, like SAP.
By replacing their own home grown procurement system and integrating Ariba’s cloud-based e-procurement apps with its SAP system, Atos. Atos has created a consumer-like shopping site through which goods and services can be quickly and easily requisitioned from preferred vendors – all within its existing procurement infrastructure and in accordance with corporate purchasing policies.

Read More

Basware Implementation Among Top 100 Supply Chain Projects

June 5, 2013  |  Invoice Automation  |  Comments Off

A customer implementation of Basware’s Invoice Automation solution at a major community pharmacy operator has been included among the 2013 Supply & Demand Chain Executive 100. The 2013 Supply & Demand Chain Executive 100 features supply chain solution and service providers that are helping customers achieve supply chain excellence.
The particular company began working with Basware to help it improve the efficiency of its AP department. It implemented Basware Invoice Automation suite, as well as Basware services, such as Scan & Capture, and Supplier Activation program which encourages e-invoicing adoption by suppliers.

Read More

Disconnect your supplier value from your onboarding efforts. It helps. Big time.

May 29, 2013  |  Adoption, Electronic Invoicing, Invoice Automation  |  Comments Off

Again TradeShift demonstrates their vision on B2B platforms and onboarding. This time , VP of Sales at Tradeshift, explains that suppliers will leave your onboarding funnel big time if they have to consider BOTH the decisions of “do I want to connect with my buyer electronically” and “do I want to pay for a new service that may offer me value” AT THE SAME TIME.
The historical lack of this distinction has held back supplier adoption over the years. And many of the services currently flying the flag of “supplier value” to justify supplier fees are plainly more interested in their own bottom line than getting 100% of your suppliers on board, according to Christian.

Read More

The up-tot-date principles of efficient AP Automation [whitepaper]

May 28, 2013  |  Invoice Automation, Publications, Uncategorized  |  Comments Off

One of your time-consuming challenges as a modern organisation is of course dealing with the thousands of invoices you receive every month. From understanding what a specific invoice refers to (vendor, project, purchase order, and so on), to workflow and payment. All in all there is plenty room for improvement.
Top Image Systems helps you to get to grips. There recent white paper covers the up-to-date principles of account payable process automation: what are the drivers for AP automation, what are the immediate benefits, and how should an enterprise go about implementing an end-to-end automation system of its AP processes.

Read More
The new Ricoh Accounts Payable Solutions for Small-to-Medium-Sized Businesses

The new Ricoh Accounts Payable Solutions for Small-to-Medium-Sized Businesses

May 17, 2013  |  Invoice Automation, North America  |  Comments Off

When it comes to paying the bills, small and medium-sized businesses can have outsized paperwork burdens, leading to overwhelmed staff, missed discounts, late-payment penalties, clerical errors and invoices that just get lost.
To address these problems, Ricoh Americas Corporation today unveiled Ricoh Accounts Payable Solutions for Small to Medium-Sized Businesses, a suite of services to bring paper invoices into an efficient electronic workflow as soon as they enter the business. Ricoh Accounts Payable Solutions for Small to Medium-Sized Businesses are the latest example of Ricoh’s Business Information Solutions approach, which provides clients with custom solutions to address their most urgent business challenges.

Read More

250.000 suppliers join Tradeshift platform in Q1 of 2013

The first quarter of this year has shown how things are accelerating faster than Tradeshift dared to dream. Alongside the news of 5m+ Quickbooks users joining the Tradeshift platform, Tradeshift signed up some impressive customers this year. Chief Executive Officer, provides you with a selection of recent customers:
Deutsche Post DHL: Global Fortune 100, one of the biggest companies ever to exist — with supplier volumes to match. A massive public sector organisation: 130.000 suppliers. A leading, global apparel brand: starting by bringing 20,000 of its suppliers to Tradeshift.A global healthcare innovator dedicated to improving patient care: 15,000 suppliers. One of the most innovative global publishers: Working with 5,000 suppliers in a tough industry.

Read More

Basware expands extensive e-invoicing service to ISS Palvelut [update]

May 13, 2013  |  Electronic Invoicing, Invoice Automation  |  Comments Off

Basware expands cooperation with ISS Palvelut Oy to cover the entire Purchase-to-Pay (P2P) process in Finland, Sweden, and Norway.
The services include the transaction of e-invoices, data recognition services for scanned invoices, a printing service, supplier portal as well as supplier and customer activation. Basware’s e-invoicing services enable automated invoicing as well as allow organizations to immediately shift to 100 percent electronic invoicing.

Read More