Author: Pete Loughlin

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--In a move designed to extend the convenience of electronic invoicing and payment to a higher percentage of its customer base, Nestlé USA has selected Data Impact to provide Electronic Invoice Presentment and Payment (EIPP) technology. Nestlé will leverage Data Impact’s EIPPPlus solution to supplement its current Electronic Data Interchange (EDI) process.

A significant amount of effort - and money - is spent by procurement organisations on spend analysis. It's a complete no brainer.  Without understanding what you spend, how can you begin to manage it. Knowledge is power. What gets measured gets managed. All true of course but how do you actually derive commercial benefit from spend analysis. In other words - "show me the money!"

One of the leading financial and business advisers, Grant Thornton Sweden, has deployed an invoice processing solution from enterprise purchase-to-pay specialist Palette as the backbone of its internal and hosted electronic invoice management (EIM) service. Grant Thornton Sweden is one of the leading financial and business advisers, providing services in Sweden and internationally. Currently processing around 30,000 invoices per month for over 300 customers both in Sweden and internationally, Grant Thornton’s EIM service improves the efficiency of customers’ accounts payable, as well as optimising the company’s own internal invoice management system.

When I want to read in bed, I press a button and a light goes on. When I want to fry an egg, I turn the dial on my stove and it gets hot. When I want to take a shower - I just do it. I don't have my own electricity generator  or my own natural gas source or a water purifying plant. Why would I? I just want the end product. So why do I have an IT department? We love the cloud. It frees up business to get better at business instead of getting better at IT. But as businesses become more enthusiastic to embrace and exploit the cloud it is becoming more evident that along with cloud computing comes a complex chain of accountability.