Melisande Mual
05 Feb 2015 / 5 Min Read
A total of 173 responses were collected and analyzed, with 35% of respondents based in North America (Canada and the US) and 65% in Europe.
The main survey findings pointed out that the two main goals in the deployment of an e-invoicing solution are reduced costs and administrative processing and improved invoice traceability within the procure-to-pay process. Furthermore, according to the panel, the Financial Departments are in charge of suppliers e-invoicing projects. The research also found that Electronic Data Interchange (EDI) is considered to be the most effective digitization system. In terms of integration, the connections between supplier invoices and the accounting ERP system and between supplier invoices and other procure-to-pay suites functionalities (purchase requests, purchase orders, delivery receipt, etc.) are the two most important performance drivers. Finally, according to a majority of respondents, increased collaboration between the Financial and Procurement Departments is the key factor behind the success of an e-invoicing project.
Melisande Mual
05 Feb 2015 / 5 Min Read
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright