Author: Pete Loughlin

Purchase to Pay, P2P, Procurement Process, Purchasing Process and Dynamic DiscountingElectronic Invoicing - Choosing the Right Partner

Make no mistake - you're not buying a solution - you're buying into a partnership. Electronic invoicing has some major challenges: technical challenges; legal and tax challenges and commercial challenges. The success of an e-invoicing project is highly dependent on the success of your partnership with your e-invoicing provider. You could be working with them for a long time so your selection needs to be made with your eyes open. Here are ten of the most important selection criteria. In no particular order, they should help you to understand where to focus when selecting an electronic invoice partner.

Purchase to Pay, P2P and Dynamic DiscountingFor Ariba read OB10 and for Basware read any number of open eInvoicing networks. It's a critical question. When embarking on an electronic invoicing strategy, do you choose an open network like Basware for it's interoperability with other networks or do you choose Ariba for the size of it's "private" network. The right answer isn't obvious but there is a right answer emerging and, depending on how the landscape evolves over the coming years the right answer might not be the one you think.

Electronic Invoicing Vision The European Commission wants electronic invoicing to be adopted broadly across the Europe Union and  for e-invoicing to become the predominant invoicing method by 2020. It has published a communication entitled  'Reaping the benefits of electronic invoicing (e-invoicing) for Europe' in which it...

Conservative Communities Secretary Eric Pickles has homed in on P2P as an investment area. Reported in the Burton Mail, Mr Pickles said the reserves could be used for investment in areas which could yield long-term savings, such as more energy-efficient street lighting, electronic invoicing...