Electronic Invoicing

Charles Dominick - nextlevelpurchasing.com - recently published his top twenty online resources for procurement pros. It's an interesting list, ordered by Alexa ranking (notoriously unreliable but as a relative rank guide, there or there abouts). There's the obvious resources that you'd expect to be well ranked such as Supply Chain Management Review and Supply Management and there's no surprise to see Spend Matters and Peter Smith's  Spend Matters UK up there with Procurement Leaders. But what I found particularly interesting is the specialist niche resources that are exerting an influence.

AP automation has got a bad name for itself in some quarters. You will often hear of projects that meant well but either failed to meet expectations or were abandoned completely. There are many reasons why projects fail such as poor change management or lack of sufficient resource but for AP automation projects, there are three particular issues that crop up again and again in failed or disappointing projects.

Purchasing InsightThe press releases from Iron Mountain recently raised a few eyebrows amongst the e-invoicing community. The announcement that they were to set up a 500 person strong unit in Europe to offer e-invoicing services to business was met with some surprise. Well, it seems, according to a source close to what is going on, that the U.S. based firm, known for it's traditional archiving offering, is coming to play in the relatively mature e-invoicing market in Europe with its eyes wide open. We understand that Iron Mountain will be bringing a number of products to the market, underpinned by a strategic alliance with Basware, one of the leading, established e-invoicing players.

As many as 40 per cent of larger businesses across Europe are shying away from E-invoicing according to a report published this week by Iron Mountain. This is because of the perceived complexity and lack of standards, according to YouGov who were commissioned to perform the research. The findings have been published to coincide with the launch of Iron Mountain’s new Business Process Management (BPM) services, details of which can be found here.