01 Oct The EU Commission and the golden rules of purchase to pay – part 1
Posted at 10:55h
in AP Automation, e-invoicing, e-Procurement, e-Procurement Software, Electronic Invoicing, EU Commission
The first golden rule of business: "Thou shalt not committee".
Decisions made by committee are compromises - almost by definition and in an attempt to satisfy everyone, no one is satisfied. Democracy is overrated.
This is how the EU Commission does things, or at least it appears how to do things. We see it all the time. Discussions about e-invoicing standards and interoperability - recommendations to industry made by a mixture of biased vendors and the independent, self-appointed Messiahs of e-business. It's no wonder the rest of us look on in dismay at some of the misguided nonsense that emerges.
And the timing? Decisions made by committee take an age. By the time decisions are made the world has changed and it’s back to square one.
But it's not always like that