Basware, the leading provider of purchase to pay solutions, today announced the launch of Basware Connectivity ( http://www.basware.com/our_solutions/supplier_connectivity/Pages/default.aspx ), a new set of enabling services to increase the adoption of electronic document exchange in difficult economic times for businesses. Basware Connectivity services allow suppliers and buyers of all sizes and maturity to transact electronically across […]

 
 
It’s there! The first draft of the EEI Platform Activity Plan. It provides an overview of the activities and instruments that the EEI Platforms has scheduled to realise in 2009. The EEI Platform activity plan is publicly available for any organisation. On the one hand parties that are interested in and involved in e-invoicing, e-billing, […]

 
The European Commission organised an informal meeting in Brussels last October in order to get a clear picture about the current status, progress and implications of the convergence of the Universal Business Language (UBL) standard into standards developed by UN/CEFACT. A point of discussion was whether or not any actions - in addition to the ongoing […]

Stefan Foryszewski is co-founder & senior vice president at OB10.
The banking industry is rarely out of the headlines at the moment.  Every aspect of how banks conduct their affairs is coming under scrutiny as a result of the credit crunch and the ensuing global recession.
Some of this activity is right and proper - and more […]

E-invoicing has not taken off as fast as its proponents might have hoped, but the economic climate might give their efforts new impetus.
The European Commission estimates that the potential cost savings of e-invoicing in the business-to-business sector will be €238 billion. The European Association for Corporate Treasurers puts the figure at €243 billion. According to […]

 
To achieve basic standards of clarity and certainty in a taxation system, the incidence of taxation must be well defined. The tracking of indirect taxes such as VAT relies on invoices as the primary evidence of a commercial transaction. When business evolves by means of advance technologies, documentary evidence such as invoices must match these […]

A new solution was launched by the Norwegian Minister of Finance Kristin Halvorsen, the Minister of Children and Equality Anniken Huitfeldt and the Director of the Norwegian Consumer Council Randi Flesland through the financial portal finansportalen.no, aiming at facilitating the process of switching banks or even starting negotiations within a bank in order to achieve […]

An organisation can save 1-2% of their turnover by replacing paper invoices and optimising the related processes. Electronic and automated invoice processes can result in savings of 60-80% compared to traditional paper based processing. Thus the payback time on investments in E-Invoicing projects can be as short as six months.
In 2008, roughly 1 million European […]

TIE Holding N.V. (”TIE”) has announced that Voestalpine Railpro has selected the TIE Kinetix Business Integration Platform for the Computer to Computer Integration with its most important customers. 
With the selection of the TIE Kinetix Business Integration Platform, Voestalpine Railpro significantly improves the integration and establishes efficiency advantages in the processes of exchanging, processing and managing […]

Automating the capturing, delivery and storage of invoices, documents and records in electronic form is far more environmentally friendly than using paper. It helps increase efficiency and can help make big cost savings in the short, medium and long term. Consider any major organisation generating vast amounts of invoices and other business communication for its […]