Tag Archives: sustainability

Click here to read Part 1! The Landscape OK, we understand there are some potential upsides for both Banks and corporations. But how far have we come? Let’s have a look on where we stand right now, is there a market or not for this?  The total estimated market value for the entire Financial Value Chain (Order-2-Cash, Purchase-2-Pay) in Europe is € 200 Billion annually and less than 10% of this is put [...]

Why e-invoice at all? First we need to figure out if and why e-invoicing may be a potential “cash-cow” (for Banks?), “Money-saver” (for Corporates?) and “new-basic-electronic-demand” (for Consumers?). Based on experience, a corporation can save about one to two percent of its sales per year by switching from traditional invoice processing to e-invoicing. One can exemplify it by separating some of the incoming and outgoing invoices, as issuer of invoices you can make a saving [...]