10 Oct The EU Commission and the golden rules of purchase to pay – part 2 – purchase to pay priorities
Posted at 17:04h in AP Automation, Dynamic Discounting, e-invoicing, e-Procurement, Electronic Invoicing, EU Commission, Financial Supply Chain Management, P2P Europe, Public Sector Procurement, Purchase to Pay, Purchase to Pay ProcessThe European Commission has declared some ambitious targets for e-procurement. They reckon that €2 trillion can be saved and they intend to get government organisations using purchase to pay best practice to deliver these savings by 2016. These targets are of course way too ambitious. What’s more, the Commission is going about it in completely the wrong way. They may be ambitious and their methods may not be perfect but I’m impressed and delighted at what they're doing.