Lambeth Council highly commended for best AP/AR Solution [Case study]

November 25, 2013  |  Electronic Invoicing, Government, Invoice Automation  |  Comments Off

This year the Lambeth Council of London was highly commended by the Adam Smith Awards for the Best Working Capital Management/Financial Supply Chain/AP/AR Solution.
In November 2011 Lambeth Council implemented RBS’s electronic invoicing (e-invoicing) hub technology to transition to a completely paperless purchase-to-pay (P2P) system of working with its suppliers, from local to national suppliers. The solution is already delivering benefits in a number of areas.

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RICOH Facilitates Global Invoice Automation for

November 25, 2013  |  Cooperation, Featured Articles, Invoice Automation  |  Comments Off has grown rapidly since its founding in 1996 and continues to do so. The purpose of is to allow their customers the most efficient and cost-effective way to search through the site and then let them book as easily as possible.
To facilitate this strong growth and at the same time relieve the pressure on the Accounts Payable team, has partnered with Ricoh for the global automation of the entire process of invoice processing.

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Itella Information is now OpusCapita!

November 25, 2013  |  Electronic Invoicing, Europe, Financial software, Invoice Automation  |  Comments Off

From November 1st 2013 onwards, Itella information continues under the new name of OpusCapita. The name change is one element of their sharp focus on comprehensive financial automation services and solutions.
OpusCapita name is already well known and recognized in all the key markets, and has established itself as a value-adding element of their total offering. The new company name, dignifies their capabilities in the field of cash flow automation while communicating a comprehensive knowledge in financial process streamlining.

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Invoiceware International Releases SAP E-Invoicing Inbound Receiving and Accounts Payable Solution for Mexico Electronic Invoicing

November 22, 2013  |  Compliance, Electronic Invoicing, Invoice Automation, Latin America, Legal  |  Comments Off

Invoiceware International extends their native SAP ERP electronic invoicing applications for Mexico to support inbound invoice processing and commercial compliance, also known as three way matching. With some 500,000 companies transitioning to electronic invoicing by January 1, 2014, multinationals need to adapt their inbound receiving and invoice approval processes to handle XML. Companies should expect upwards of 80 to 90 percent of supplier invoices to transition to electronic formats due to this legislation.

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10 E-invoicing and invoice automation news bites you might have missed

November 22, 2013  |  Compliance, E-procurement, Electronic Invoicing, Invoice Automation, Payment  |  Comments Off

We continuously collect news items that for some reason don't make it to a full post here at the E-invoicing Platform. News from the world of on e-invoicing, invoice automation, order to cash, purchase to pay, payments, compliance or e-procurement. And because we do want to give you the opportunity to get informed about what is going on, we provide you with this news flash.

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Top Image Systems to process 95000 invoices for Automotive Firm

November 8, 2013  |  Europe, Invoice Automation  |  Comments Off

Top Image Systems' eFLOW INVOICE was chosen after the automotive company visited installations in Europe where they saw how eFLOW was completely integrated into the SAP infrastructure. They wanted their invoice processing system to be able to look up supplier ratings and to offer the possibility of data mining.
The company appreciated that Top Image Systems would customize its prepackaged invoice solution to meet their specific requirements. Nevertheless, the implementation of eFLOW Invoice for SAP to control the extended invoice processing workflow, matching the data in the invoices to supplier information stored in the ERP database, was offered as a standard feature.

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Palette introduces new features to improve financial visibility and spend management

October 30, 2013  |  Invoice Automation, Payment, Procurement  |  Comments Off

Palette has introduced version 6.2. of its core solution suite, PaletteArena. This version includes significant new features to enhance procurement functions and enable easy, in-depth analysis of an organisation’s spending.
Key enhancements in PaletteArena Version 6.2 include a completely new user-guided process for creating and approving purchase requisitions before ordering; the new PalettePunchoutLayer service, which enables mapping of all web-shops in to the PaletteBuyer procurement module; and the new PaletteSpendManagement service.

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OpenText EIM Solutions Selected by Deloitte in Belgium

October 28, 2013  |  Europe, Invoice Automation  |  Comments Off

Deloitte's business is expanding. This presented Deloitte with a new set of challenges: increased volume coupled with dispersed efforts to manage and monitor its demanding accounts payable (AP) processes. This made it difficult to process approvals and requests in a timely and economical manner. Deloitte then searched for a solution that would provide end-to-end content lifecycle management along with advanced information governance capabilities.
And it found and selected OpenText. Based on fit and functionality, Deloitte in Belgium selected OpenText Vendor Invoice Management for SAP Solutions for the following reasons: Compatibility, Quick and easy invoice approval, Insight into liabilities, User & eco-friendly.

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Top Image Systems Wins Document and Invoice Processing Contract With eFLOW

October 23, 2013  |  Digitalisation, Invoice Automation  |  Comments Off

A major Italian business process outsourcing (BPO) company who chose eFLOW® to automate the company's invoice and form processing, as well as to deploy eFLOW Digital Mailroom as their corporate standard.
The BPO is completely revamping their paper-based internal work structure, relying on eFLOW to capture and automatically process more than a million documents per year. Aiming to grow their business, the BPO expects that using eFLOW they will eventually capture 50 to 60 million documents per year.

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Obamacare requires Reduced Healthcare Costs through Purchase-to-Pay Automation

October 18, 2013  |  E-procurement, Invoice Automation, North America  |  Comments Off

Bob Cohen, vice president of Basware, wrote in this post that Purchase-to-pay technology enables real-time visibility into all purchases and invoices across an organisation. With this insight, healthcare companies can effectively manage spend and cash flow.
While reducing healthcare costs is a global need, the spotlight is particularly focused right now on the U.S. market because of Obamacare. As part of this new health insurance system, efforts need to be made to make healthcare more affordable. That is why healthcare providers are turning to technology to find ways to dramatically cut costs and eliminate waste.

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