In my last post, we discussed the key issues facing global organizations as the Mexico government continues to implement and push the usage of CFDI. I wanted to expand upon the potential issues facing Procurement and Accounts Payable users and managers as I feel it is an underestimated issue.
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E- Invoicing is the electronic transfer of invoicing information (billing and payment) between business partners (supplier and buyers).
The introduction of e-invoicing can help a company in reducing costs, increasing efficiency and benefiting from competitive advantages.
E-invoicing reduces unnecessary manual work, leads to greater efficiency and control, improved security, shorter credit periods and reduced environmental impact.
Tieto and Danske Bank have agreed to co-operate in sales of electronic invoicing service solutions. In addition to electronic invoicing, the collaboration covers invoice printing, scanning, archiving and presentation services.
Jason Busch at Spend Matters recently used an expression “drinking the Kool-Aid” when referring to the unquestioning beliefs of software vendors’ marketing people. I didn’t even know what Kool-Aid was but I knew what he meant. It’s what I call believing your own bullshit and we see so much of this whenever the topic of e-invoicing and interoperability crops up. Despite the fiercely opposed arguments, there is something very consistent about the views expressed on interoperability. They are all very biased.