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.

Read more »

Basware helps SEW-Eurodrive back on e-invoicing track

September 12th, 2012 by in Electronic Invoicing, Invoice Automation

The Süddeutsche Elektromotoren Werke were founded in 1931 and a lot can change in 81 years. The company is now known as SEW-Eurodrive and tries to maintain its status at the forefront (roughly €2.4 billion in sales revenue) of the automation industry. Basware helped SEW-Eurodrive in this pursuit by updating their e-invoicing system.

Read more »

High risk of breakdowns in document-driven business processes

September 11th, 2012 by in 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!

Read more »

The E-invoicing Checklist: verify your data [part 12]

September 10th, 2012 by in Electronic Invoicing, Publications

You can’t ignore taxes, because you’ll end up behind bars if you do. You wouldn’t want that now, would you? So how can you verify an electronic invoice and keep clear of the law? Read all about it in this twelfth part of the E-invoicing Checklist series.

Read more »

Invoiceware releases SAP NFe dashboard for three-way matching

You can now not only get Invoiceware’s help for solving government compliance, but also automating the invoice approval processes and payment. You see, Invoiceware has extended their SAP ERP Compliance Dashboards for Brazil to support inbound invoice processing and commercial compliance, also known as three-way matching.

Read more »

E-invoicing Flashback: hot topics in 2009 [part 2]

September 5th, 2012 by in Electronic Invoicing, Invoice Automation

Remember last week’s lift-off of our trip through recent e-invoicing and AP automation history? We continue this sentimental journey and come to a halt in 2009. All of the historical events in 2009 (e.g. Obama’s inauguration) pale of course before the year’s e-invoicing and AP automation news.

Read more »

Banks, what is your role in e-invoicing and SCF?

The link between e-invoicing and Supply Chain Finance (SCF) is a special area of interest for RBS. The central question that the bank wants to answer is: how can using electronic rather than paper invoicing lead to better management of working capital, optimal financing structures for corporates, and better control of payables and liquidity?

Read more »

[UPDATE] Global science-based company picks Tradeshift

We have a rule here at the E-invoicing Platform: don’t post articles on nameless customer cases. But we’re happy to make an exception for Tradeshift; they have signed a deal with a global science-based company. Major deal like these show that their proposition really stands up, as Tradeshift’s chief executive officer Christian Lanng put it.

Read more »

Best of e-invoicing and AP automation in August

September 4th, 2012 by in Electronic Invoicing, Invoice Automation

Some have failed (at least in their eyes), others came out victorious during London 2012. That’s kind of how it works in the field of e-invoicing and AP automation. You win some, you lose some. You can find out in this overview who and what succeeded last August.

Read more »

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.

Read more »