There are a lot of opinions about what constitutes an electronic invoice, including pontification on this blog about the distinction between “real” electronic invoices versus the pretenders – emailed invoices and imaged paper. But, perhaps because of the advancing years, or maybe just […]
I come from a consulting background doing process redesign and large IT Implementations for a major consulting firm. One of the areas which I greatly enjoy is finding solutions to problems. There is usually a better, cheaper, faster, more enjoyable, […]
Since the early 1970’s businesses have used their own individual electronic systems to exchange invoice and purchase order information. These transactions have generally been in an ELECTRONIC DATA INTERCHANGE, or EDI, format. THE US TRANSPORTATION DATA COORDINATING COMMITTEE AND EDI In […]
“I hate shuffling paper and with today’s technology dealing with paper is so inefficient.” This was a quote from a VP of Finance responding to the question; why do you believe that E-invoicing is such a good product for your […]
An electronic invoicing wave is currently engulfing enterprise organizations causing lower invoicing costs and faster processing times. Yet a similar, larger and more powerful e-invoicing wave is nearing shore, headed towards small to mid-market companies which make up the backbone […]
Recently, I was speaking with a colleague of mine who asked me “why are so many airlines are using iPayables? Is it because of specific features that the airlines use? Is it because of a federal mandate to use an […]
Why AP Automation? The gap between companies utilizing full payables automation verses those using more traditional AP methods like manual paper processing or OCR is becoming fairly noticeable. Benefits like improved workflow, reduced costs, discount capture, visibility, control, environmental impact, […]
Client: One of the World’s Largest Media Conglomerates Company Size: $13B in Annual Revenues Paper signatures were the enemy at this company- they had complex approval processes that required multiple and various signatures. This process made tracking the invoices difficult. […]
American Airlines had done a great deal of work to reduce paper in their Accounts Payable department. In fact, 83% of invoices were delivered electronically via EDI. But the last 17% proved too difficult to convert to EDI. Among the […]
