B2B Standards Tag

E-invoicing isn't the first victim of standards and it won't be the last. B2B standards, designed to guide businesses down the right path, to allow disparate organizations to inter-operate, don't work. They have the opposite effect. They are self defeating. They attempt to create a single agreed way of working but instead, they embed incompatibility and constrain growth and until we get rid of the standards we'll continue to flounder.

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.