Electronic Invoicing Tag

The world of commerce is all about the numbers. Top line, bottom line, FTEs, KPIs and ROI but, to borrow and paraphrase the words of the great Albert Einstein - not everything that counts can be counted. Royal WeddingIn London today - the streets are filled with people from all over the world - from the United States, from Germany, Australia and New Zealand, Canada and Brazil as well as all corners of the British Isles - all coming together to celebrate the wedding of a young couple. It's an unparalleled media event - The Mall is swarming with news readers, surrounded by revelers, somehow maintaining a degree of dignity as they report to the folks back home the party atmosphere. Good Morning America broadcast live from London. The feel good factor is palpable. Even a miserable old git like me that hand on heart believes the monarchy to be an anachronism that's unlikely to survive long enough to see Charles on the throne never mind William, is prepared to put his cynicism to one side to celebrate a great day. We may be in the middle of a recession but even that can't dampen the enthusiasm of the crowds. And after the excitement settles down it will be back to the numbers. The impact on the British economy of having four public holidays in two weeks. The money spent on security and the cost of clearing up.

Those following developments on electronic invoicing will be very familiar with the news from earlier this year that the rules in Germany are about to be relaxed. From 1st July 2011 the technical requirements imposed on the use of electronic invoices in Germany will be abandoned. Great! But so what! What's so important about Germany? Let me explain why it's important.

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.