Cartoon Fun for Friday - The E-Invoicing Portal

Cartoon Fun for Friday - The E-Invoicing Portal

Published on: 11/05/12 in:

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The E-invoicing Portal: Every FD’s Crystal Ball

Published on: 11/05/12 in: General EIPP

A Fundtech article on receivables e-invoicing features in the Spring/Summer edition of Director of Finance Magazine that takes a closer look at the ‘E-invoicing Portal’ and how it can provide Finance Directors with an invaluable insight into their receivables status. According to Billentis, the full cost of processing a paper invoice including all the time consuming tasks such as query resolution and credit control, is at least €11.10 per invoice. A major contributor to this high cost is the lack of a central repository for all AR data.  There is no way to quickly find out if an invoice has be received,  queried or paid. Finance directors often find themselves in a position of making blind decisions with little information about the bigger picture. This doesn’t happen with e-invoicing….

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Direct Debit Research on UK Local Authorities

Published on: 18/04/12 in: Payments, Public Sector

We recently conducted a research campaign of UK local authorities to find out what problems they were experiencing in finance departments,  specifically relating to payment collections by Direct Debits.  We found that many local authorities were experiencing similar problems, due to a number of reasons, but mainly budget cuts and cost efficiency pressures. We also found that many of these problems could easily be resolved quickly and cost-efficiently by implementing a Direct Debit Management System (DDMS). 

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The Key to AP E-invoicing is Successful Supplier Adoption

Published on: 17/04/12 in: General EIPP, Supplier Adoption

Key to the success of any e-invoicing project is rollout across the financial supply chain. In most cases, persuading customers to view invoices online instead of receiving them on paper is simple. But getting Suppliers to view purchase orders online and send you invoices electronically can be more difficult. Or is it? We don’t think so. In our webinar ‘Successful AP Onboarding: 3 Ways to Get Suppliers to Send you E-invoices’  today at 2pm (17th April, GMT+1), we will be sharing our Supplier Onboarding secrets with you, and also discuss the tactics used to successfully switch suppliers from paper to electronic.  Register Now.

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