Electronic Invoicing

24 Sep Electronic Invoicing – What is an Electronic Invoice?

In a previous article we argued that electronic invoices were dead and that electronic invoicing would thrive. It not an especially original paradox that addresses an emerging issue: what exactly is an electronic invoice? Electronic Invoicing Because scanning, OCR and data capture technologies have evolved and developed...

17 Sep Electronic Invoicing is Dead – Long Live Electronic Invoicing

The case for electronic invoicing is compelling – why would an organization that has invests millions – sometimes tens of millions – of dollars on a finance system want to operate a paper based process in the 21^st century? But it’s not as easy as that – especially for global organizations. The wide variety of legislation around the globe creates a Tower of Babel for those attempting to implement electronic invoicing on a large scale. But the situation is beginning to evolve in a very positive way – and absolutely not in a way I would have predicted a few years ago. The electronic invoice is about to die on its feet leaving the door wide open for the new pretender to the AP automation throne – the new electronic invoice.