Billing and payment preferences keep shifting to mobile. Are you prepared?

April 30th, 2014 by in Electronic Invoicing, Mobile, Payment

Billing and payment preferences keep shifting to mobile. Are you prepared?Fiserv, a global provider of financial services technology solutions, does a survey every year.

This year the Second Annual Biller Mobile Bill Pay Benchmark Study was presented by Fiserv, and here are the main results…

Read more »

EDICOM extends e-invoicing platform in Peru

EDICOM has a Permanent Electronic Invoicing Observatory. This observatory recently detected that Peruvian authorities want more fiscal control and want to modernize accounting management for SMes in Peru, by using electronic invoicing.

By updating its electronic invoicing platform in line with the requirements demanded by SUNAT, EDICOM can provide companies engaging in trading relations in Peru with a solution that automates the creation, sending and safekeeping of electronic invoices.

Read more »

From OB10 to Tungsten. What has been accomplished in 2014 sofar?

Every now and then OB10 Tungsten provides us with an update on their transition from an e-invoicing service provider to a supply chain finance provider. As as a supply chain finance provider the e-invoice is just a means (though a very important one) to provide the valuable services in the near future.

Read more »

White paper: Finding Cash in a Cash-Strapped World [whitepaper]

April 28th, 2014 by in Invoice Automation, Publications, Research

This study of best-in-class AP automation practices demonstrates that current processes are not working for nearly 80% of corporations. Until executives understand the power of the financial supply chain and set aside budget to institute these technology-driven improvements, these inefficiencies will continue.

It also show that non-efficient companies simply cannot compete with efficient companies that optimise their financial supply chains.

Read more »

Telefonica Germany cuts paper use by 68% since 2010

April 25th, 2014 by in Adoption, Electronic Invoicing

Telefonica Germany announced on Earth day that it reduced its use of printed sheets of paper by 13 million in 2013 compared with 2012. It said that in 2010, it used 1,817 tonnes of paper but this had fallen to 585 in 2013, a reduction of 68 percent.

Telefonica Germany is now switching to recycled paper and plans to cut its use of paper by another 10 percent in 2014 by using e-mail in preference to faxes and moving more and more O2 customers to electronic billing. Also staff will get digital pay slips from the end of May.

Read more »

Corcentric Implements COR360 AP Automation for Professional Sports Organisation

April 25th, 2014 by in Invoice Automation, North America

Corcentric announced an agreement to implement its AP automation solution COR360 for one of the US nation’s leading professional sports organisations.

The integration of COR360 into the organisation’s Accounts Payable processes will help the organisation fill the automation gap related to their invoice workflow and to eliminate the use of paper invoices.

Read more »

It is time to accelerate towards full digitisation [Opinion]

April 25th, 2014 by in Electronic Invoicing, Europe

With the EU Parliament’s approval of a European standard for e-invoicing in public procurement, we got one step closer to the creation of a true digital single market in Europe. Now, it is time to accelerate the journey towards full digitisation, writes Martin Hurley in his article “Removing barriers to e-invoicing” at EurActiv.

Martin Hurley is the vice president and general manager of outsourcing services at Ricoh Europe, a technology company specialised in office equipment.

Read more »

44 of the best E-invoicing and AP automation news items in March 2014

We have gathered over fourty international news items, views and acquisition jubilee here at the E-invoicing Platform over the past couple of weeks – but if you missed it, the Monthly Recap of March 2014 is your humble servant.

Here’s every one of those stories from the entire month, waiting for you in an convenient format. So read what interests you, and then go out there and grab the benefits!

Read more »

Late Payments Directive, all bark and no bite?

April 23rd, 2014 by in Europe, Legal, Payment

In 2013 the European Late Payment Directive came into effect. It allows EU companies to maximise their payments period to 30 days. Only with mutual consent can contracting parties increase the payment period to a maximum of 60 days.

Sounds nice. But in the B2B and B2SME sectors the Late Payments Directive seems to be all bark and no bite. What is going here?

Read more »

Mexico, world class model in electronic invoicing [event announcement]

In July 2014, after a decade of using electronic invoicing in Mexico, AMEXIPAC will host the First International Tax and Invoice Forum, where European and Latin American service providers, together with companies related to the field will be invited.

The announcement comes shortly before news came out that the number of issuers of electronic bills increased […]

Read more »