The Blog - Part 72

e-invoicing and the automation of fraud revisited

27 Sep 2011 Posted by Pete Loughlin in AP Automation, e-invoicing, Electronic Invoicing

Recently we wrote about how the introduction of e-invoicing could allow fraud to be automated alongside AP processes. The previous article is here. And in case anyone was in any doubt about how prevalent fraud can be, we thought it would be interesting to provide…

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The late payment myth

26 Sep 2011 Posted by Pete Loughlin in Purchase to Pay, Purchase to Pay Process, Purchasing Process

We hear all the time about big companies paying suppliers late, abusing their power to take advantage of the good will of smaller companies by delaying payment for as long as possible in order to enrich themselves at the expense of weaker, more vulnerable companies….

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e-invoicing and the automation of fraud

26 Sep 2011 Posted by Pete Loughlin in e-invoicing, Electronic Invoicing

You’re implementing AP automation but before you press the START button – take a step back and ask yourself these questions. Are your purchase to pay processes as water tight as they can be? Do you always know that you pay for goods and services…

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The significance of Germany’s e-invoicing move

23 Sep 2011 Posted by Pete Loughlin in e-invoicing, Electronic Invoicing

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…

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SAP to acquire Crossgate

22 Sep 2011 Posted by Pete Loughlin in News

Adding to its portfolio of solutions that create rapid value for customers worldwide, SAP AG (NYSE: SAP) today announced its intent to acquire business-to-business (B2B) integration provider Crossgate. A leading provider of hosted B2B integration services, Crossgate enables companies to fully integrate and network with…

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AP automation – What is the cost of inefficiency?

20 Sep 2011 Posted by Pete Loughlin in AP Automation, Dynamic Discounting

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…

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