Tag: invoicing process

SCM Insights
July 9, 2019

5 Common invoicing problems and how to solve them

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

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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