Microsoft treasury pushes on with ISO20022 project as banks slow progress

September 18th, 2008 by in Uncategorized

The migration of Microsoft’s treasury onto the XML-based ISO20022 messaging standard is likely to be a multi-year, ongoing initiative, according to a treasury manager at the software giant.

Microsoft’s treasury would like to migrate all of its financial messaging onto the XML-based standard, however the tardiness of banks and their own adoption of the standard for […]

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Joint initiative to create a European e-invoicing solution

September 18th, 2008 by in Adoption, Electronic Invoicing, Publications

Today, at SIBOS, ICBPI Group (Italy), Isabel (Belgium) and Equens (the Netherlands) announced that they will be joining forces in e-invoicing. The main goal of the founding partners – ICBPI and Equens – for this international initiative is to establish an open, multi-party, cross-border European e-invoicing network. The network must gain practical experience and actively […]

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E-invoicing implementation hampered by regulatory compliance requirements in Europe – study

September 17th, 2008 by in Uncategorized

A survey presented at the Swift International Banking Operations Seminar (SIBOS) taking place in Vienna 15 – 19 September shows that European companies are held back from switching to electronic invoicing by complex regulatory compliance requirements and legislation.

The survey found that despite the multiple advantages electronic invoicing offers for business owners – cost-effectiveness and more […]

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E-invoicing could help businesses cut costs as they brace themselves for recession

September 17th, 2008 by in Uncategorized

The technology is moving to the mainstream as the European Commission pushes it as part of its drive to cut costs in supply chains.

The Corporate Action on Standards project, set up by the European Payments Council, said that e-invoicing allows companies to cut the average EUR30 cost of processing a paper invoice by 80%.

Businesses that […]

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Blogpost: Keep it simple stupid – useful rule for all of us.

September 17th, 2008 by in Publications

Published by/at:

© Networked Economy – Bo Harald / Wed, 17 Sep 2008 09:12:00 GMT

Nobody seems to be of the opinion that paper invoices have any future worth mentioning. In yesterday’s SIBOS session here in Vienna there was an even surprisingly overwhelming yes-vote for banks to include e-invoicing into their services. So the mindset is there. […]

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US based Clopay® selects the TIE Kinetix e-Invoicing solution

September 17th, 2008 by in Uncategorized

Leading Garage Door, Embossed Barrier and Breathable Plastic Film Manufacturer selects TIE’s EDI Outsourcing Solution for Supply Chain Efficiency

Master Data Management Software Company TIE Holding N.V. (“TIE”) listed on the NYSE Euronext Amsterdam Stock Exchange hereby announces that Clopay® has selected TIE to provide a fully integrated TIE Kinetix
e-Invoicing solution to drive supply chain efficiency […]

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02-12-2008: CBI/ABI event – Forum on e-Invoicing in Rome

September 16th, 2008 by in Adoption, Events, Publications

On December 2nd and 3rd 2008, a forum is dedicated to amongst others international developments on electronic invoices, the analysis of international scenarios and the in-depth examination of business and technical aspects of the new advanced services dedicated to banks and enterprises. The event will take place in Rome.

This is the agenda of the event.

If you are […]

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How green is your invoice?

September 16th, 2008 by in Uncategorized

Ifor Williams of Accountis, a Fundtech company, talks in this video about how the industry is getting more focused on the environmental benefits of embracing e-invoicing, amidst a wider trend to take corporate social responsibility more seriously. 


Source: Sibos Online


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01-12-08: Knowledge and Innovation Policy Dialogue in Brussel

September 16th, 2008 by in Events

Following the successful launch of the Knowledge4Innovation Initiative during a dinner on 8 April, 2008 in the European Parliament in Brussels, we are pleased to announce the establishment of the Lisbon Forum affording its members the opportunity to engage in a structured and ongoing ‘Policy Dialogue’ with Members of the European Parliament, representatives of the […]

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25-11-2008: – Administrative burden

September 16th, 2008 by in Events

In its Action Programme for Reducing Administrative Burden, the European Commission proposes actions in order to reduce the cost stemming from EC and national regulations by 25% until 2012. The cost for businesses for filling forms and reporting according to obligatory regulations is estimated to add up to 3% of the GDP in the EU. […]

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