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Opinions and views from expert CFOZone members.

Tag >> electronic invoicing
Nov 18

E-Invoicing still the exception, not the norm

Posted by dbedell in Technologyelectronic invoicinge-invoicingaccounts payable


Trade body the International Accounts Payable Professionals (IAPP) recently released a study on invoicing management at global companies, and found that most companies still have at least some manual aspect to their invoicing process. However most companies do now recognize the value of electronifying and automating invoicing, according to the survey.

It found that 80 percent of companies’ accounts payable (A/P) departments saw the advantage of automating invoices, but they also cited many obstacles in the way of uptake.

Sep 29

Is data mapping getting easier?

Posted by dbedell in transformation engineTechnologysupply chain financeSCFSAPERPenterprise resource planningelectronic invoicingEIPPbiztechBasware


Yesterday, in our Tech Tuesdays roundup, we reported on Acco Brands Europe picking up an invoice processing and automation solution to help improve STP in the purchase-to-pay cycle. But with any such implementation, my first question is always "what about the integration?"

It is all well and good to say that deployment was web-based or the implementation and testing phase took x-number of weeks or months, but that gives no indication of the time and effort involved in not only setting up and configuring the system, but also, and more importantly, preparing the connections between that system and all the various internal and external systems that will touch on the functioning of that solution.

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