E-invoicing market fragmentation tough on SME’s everywhere

Denise Bedell of CFOZone.com argues that e-invoicing will continue to be just another sometimes-useful, sometimes frustrating tool that small companies must manage in order to interact with their larger corporate clients. More-over a small supplier may be forced to join a multitude e-invoicing providers, something they are reluctant to do. Four-party models, three party interoperability and more market transparancy seems to be the solution.

Small companies are starting to have access to solutions geared specifically to their needs, which does add to the value proposition somewhat. A number of new vendors are focusing specifically on the SME space to help make it a little bit easier for small companies to migrate to e-invoicing. American Express, for example, offers AcceptPay—a dedicated SME e-invoicing solution.

Read the entire article: http://www.cfozone.com/index.php/Newsflash/E-invoicing-market-fragmentation-tough-on-SMEs.html