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

June 19, 2013  |  Adoption, Invoice Automation

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 of 40% cost savings. 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. WEBINAR

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