Tag: eInvoicing

Use Cases
July 9, 2020

Bosch provides suppliers with a comprehensive view of their invoice status, independent of the invoicing channel

Matching themes: eInvoicing, Purchase to Pay

With the Finance Portal, Bosch suppliers can see the status of all their invoices, no matter which channel they used to issue them
With the Finance Portal, Bosch suppliers can see the status of all their invoices, no matter which channel they used to issue them

The Bosch Group receives its suppliers’ invoices through many different channels, from paper to eInvoicing. Until recently, however, suppliers could obtain an overview of the processing status only for electronically sent invoices. As a result, in addition to balance confirmations or reminders, general inquiries about payment dates or the status of an invoice began to accumulate. For this reason, Bosch, together with SupplyOn, developed a Finance Portal that provides suppliers with a comprehensive view of the processing status regardless of the invoice channel. A request channel in the Finance Portal, which is integrated with other Bosch tools, further reduces internal administrative work and increases the service level. Read more

SCM Insights
November 19, 2019

Survey: How to benefit from electronic invoicing

Matching themes: eInvoicing, invoicing process, Purchase to Pay, Study

A scientific survey details the positive effects of electronic invoicing for the invoice's issuer and the recipient
A scientific survey details the positive effects of electronic invoicing for the invoice’s issuer and the recipient

Despite all the buzz over catchwords like Industry 4.0, automation and digital transformation, when it comes to invoicing, we still live in a mainly analogue, non-electronic, non-automated world. Even today, at the close of 2019, the majority of invoices is sent in paper or unstructured formats. Formats that cannot (or hardly) be processed electronically. This has considerable consequences for companies, locking up resources, time and money. To gain a clearer picture on the real effects of e-invoicing, we conducted a scientific survey.

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From the Community, Use Cases
November 4, 2019

Two days of e-invoicing insights in Vienna

Matching themes: AirSupply, eInvoicing, P2P

The E-Invoicing Exchange Summit meant two days of intensive deep-dive into all aspects of e-invoicing
The E-Invoicing Exchange Summit meant two days of intensive deep-dive into all aspects of e-invoicing

This year, we had for the first time our own booth at the E-Invoicing Exchange Summit (EXCS19) in Vienna. During this event, we had the opportunity to engage in many highly interesting discussions with invoicing experts from all over the world on the current trends in e-invoicing. Read more

SCM Insights
July 9, 2019

5 Common invoicing problems and how to solve them

Matching themes: e-Procurement, eInvoicing, invoicing process, Purchase to Pay, Rechnungsprozess, tax compliance

Inefficient electronic invoicing processes waste a tremendous amount of time, effort and money. Yet, it's quite easy to avoid all of it.
Inefficient electronic invoicing processes waste a tremendous amount of time, effort and money. Yet, it’s quite easy to avoid all of it.

If you believe what you read in the headlines, we’ve already arrived in the brave new digital world. But when it comes to the subject of invoicing at least, the world is currently far less digital and “brave” than it could be. What’s the problem? What problems do companies face in the invoicing process? And how can these be solved?

These are precisely the questions we’re going to get to the bottom of here.

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SCM Insights
November 14, 2017

Six best practice steps for maintaining tax compliance

Matching themes: e-Procurement, eInvoicing, invoicing process, tax compliance

When tax legislation changes constantly, companies need to ensure tax compliance by addressing change systematically.
When tax legislation changes constantly, companies need to ensure tax compliance by addressing change systematically.

Does the e-business solution that supports your business-to-business transactions ensure that your e-invoices remain tax compliant, everywhere, always?

Change in tax legislation is constant

An e-business solution that must comply with multiple countries’ tax requirements has to address the problem of ongoing change. Otherwise, how can a business efficiently deal with the tsunami of new real-time and other regulatory control requirements that governments are introducing? Read more

SCM Insights
November 2, 2017

Billentis Report 2017: E-invoicing at the threshold of major market changes

Matching themes: e-Procurement, eInvoicing, invoicing process, Purchase to Pay

According to Bruno Koch von Billentis, the market environment for electronic invoicing is changing dramatically
According to Bruno Koch of Billentis, the market environment for electronic invoicing is changing dramatically

Electronic invoicing is gaining ground. However, according to the 2017 edition of the Billentis Report, this environment will change fundamentally in the coming years, due mainly to regulatory requirements with an increasing trend towards tax clearance systems and new technologies. The good news: both lead to significant cost savings. Read more

From the Community, Use Cases
November 14, 2016

Successful realignment of indirect procurement: SupplyOn congratulates its customer Bosch on winning the “BME-Innovationspreis 2016”

Matching themes: e-Procurement, eInvoicing, indirect material, indirect procurement, Purchase to Pay

"BME-Innovationspreis 2016" awarded to Bosch for its innovative approach to indirect purchasing
Indirect spend: Robert Bosch GmbH was awarded the “BME-Innovationspreis 2016” for its strategic realignment. Laureates Simon Brandt, Jaroslav Moravek und Jörg Mimmel (all Robert Bosch GmbH, center) rejoice with Horst Wiedmann and Dr. Christoph Feldmann of BME

Robert Bosch GmbH was awarded the “BME-Innovationspreis 2016” for its innovative realignment of indirect procurement – a step which will further strengthen the company’s long-term competitiveness.

Integrated IT solutions form a key element of this realignment – and SupplyOn has made a decisive contribution in this respect: It is only thanks to the interplay between the in-house IT systems and the integrated purchase-to-pay solution from SupplyOn that is possible to tie in thousands of service providers and suppliers of indirect material and capital goods to realize a seamless end-to-end process.

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SCM Insights
October 14, 2015

e-invoicing begins with the order

Matching themes: eInvoicing, Industry 4.0, invoicing process, SCM, Supply Chain

Golden Tax leicht gemachtToday, everybody is talking about Industry 4.0 and the digitalization of the supply chain – and yet the majority of invoices are still being sent in paper form or in unstructured formats that cannot easily be computerized.

Many companies wishing to implement an e-invoicing solution focus solely on the invoicing process instead of considering the process as a whole, from order to payment. Read more

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