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invoice automation

EDI and Invoice Automation Solutions: Accelerating Payment Cycles

In today’s technology driven world, the expectations of vendors and customers are high. Strategic innovation and optimization of business processes are required to achieve future success. That’s why companies are faced with increasing pressures to accelerate payment cycles with EDI and invoice automation solutions. Most have already introduced ERP systems to automate their repetitive administrative tasks. Eighty percent are yet…

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E-Invoicing: Eliminating Paper in Procurement

Are you looking to improve sustainability in your procurement process? Reducing paper use is the easiest way to do it. It is a win-win situation for companies. Paper invoices do not only destroy trees, but also create problems in organizations by decreasing visibility. As a result, you experience inefficiencies and increased transactions costs. By eliminating paper in your procurement process…

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Advantages of Receiving and Sending E-invoices

Electronic invoicing also known as e-invoicing is a form of electronic billing. It is used by trading partners to present and monitor transactional documents and make sure that the terms of trading agreement are being met. An electronic invoice or e-invoices, on the other hand, is an invoice document shared between suppliers and buyers in an electronic format. It is…

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E-invoicing: The Best Way to Succeed in a Competitive Environment

E-invoicing is used by trading partners to present and monitor transactional documents and ensure that the terms of the trading agreement are being met. In this context, trading partners include customers, suppliers and vendors. It provides customers with convenience, accuracy and speed when managing their order-to-cash process so businesses can increase the level of their customers’ satisfaction. If you have…

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How to Improve Your Data Security in the Age of the Internet of Things

Data security is critical to businesses. It is hard to replace client information, bank account details, payment information, and personal files. It is also dangerous if they fall to the wrong hands. While data loss caused by natural disasters is devastating, losing them to hackers and malwares have much greater consequences. The Internet of Things offers tremendous opportunities for businesses….

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EDI Solutions Survive Exaggerated Rumored Death

Despite the emergence of web-based standards, Electronic Data Interchange (EDI) continues to thrive in the market because of one clear reason – it works! Many companies have invested in EDI solutions in the past years. Although it may have been a bumpy journey to get it up and running, now it works. EDI solutions have been primarily used by automotive…

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Save Time and Increase your Business Value with EDI Solutions

When you are a business owner, you can waste your precious time when you are bombarded with invoices, process orders, do too many of the little tasks, and many more. You need to be a master of your time, focus on mental work and leave the manual work to technology. EDI solutions promote time efficiencies, along with improved data accuracy,…

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EDI Solutions or B2B ecommerce Solutions: Which Should You Choose?

Nowadays, B2B companies are encouraged to adopt ecommerce to drive down the cost of customer interaction. Traditionally, they use Electronic Data Interchange (EDI) but recently another option comes to light – B2B ecommerce. Both systems process orders digitally. So, what exactly is the difference between the two of them? If you are looking to add one or the other, read…

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