Insights
23 Sep The significance of Germany’s e-invoicing move
Germany is the biggest market within the biggest economic region in the world and thanks to the German's decision on e-invoicing, the cost of doing business in the EU has just started to drop. The news as reported by Christian Lanng is perfectly timed. It coincides with EXPP, the biggest e-invoicing conference in Europe, that kicks off next week and it comes at a time when the EU desperately needs a bit of good economic news. So why is this so important?22 Sep Your customers can’t help their growing addiction to blogs and social networks – it’s in their genes
The growth in use of social networks and blogs is a remarkable phenomenon. According to recent research by Nielsen, internet users in the US spend more time on facebook than any other web brand and mobile access to on-line social networks and blogs has increased dramatically - for mature internet users, it's more than doubled in 12 months. This isn't just a US phenomenon. Australians spend more time on social networks and blogs than any of the countries that Nielsen surveyed and Germans spend a whopping 12.7 billion minutes on blogs and social media - more than any other web category.20 Sep AP automation – What is the cost of inefficiency?
You have a set of accounts payable processes that would be comfortable in a 19th century setting. Pieces of parchment passed from from the vendor documenting the agreed transaction. An original signature scrawled with indelible ink pen proving the authenticity of the document. And the legislation surrounding the processes - the laws that allow the authorities to be sure that they're getting their slice of the commercial cake, rely on these paper processes.16 Sep e-invoicing is a great solution – but what’s the problem?
I get frustrated at the debates on e-invoicing. The ones that go on and on endlessly about which is the right standard to employ. What is and is not an electronic invoice? Who knows best about what to deploy where? My digital certificate is bigger than your digital certificate.15 Sep Purchase to Pay – an engine room of growth
Posted at 05:22h
in Dynamic Discounting, Financial Supply Chain Management, Purchase to Pay, Working Capital Management
You think purchase to pay is a back office function? e-invoicing is a technical innovation? AP automation an incremental improvement to financial supply chain management? And you wonder why nothing ever gets achieved.
P2P is as boring as you make it. The reality is though, that purchase to pay, positioned properly, can deliver commercial benefits on a scale that would astound most executives.