Irish Public Sector Reform Plan, e-Invoicing and Reducing Supply Chain Costs - White Paper
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On 17th November the Department of Public Expenditure and Reform published the Public Sector Reform plan and a number of its recommendations made headline news: the reduction in headcount and the end of decentralisation.
However, the report contains more far reaching objectives which the reporting media simply did not and do not understand.
In effect, the public sector in Ireland is set to change the way it processes its day-to-day business activities. This change is transformative, it will impact the entire island and profoundly change the way all businesses process business transactions.
This reform plan signifies major change even if you do not deal directly with the public sector. As has been demonstrated in other countries that have embarked on such projects, the change sweeps across the both the private and public sectors. It is irrevocable and to be absolutely clear, it is hugely positive.
The proposed change will give you reason to question:
1. How will my supply chain be affected and what do I need to do to prepare?
2. Is my ERP or back office system(s) fit for purpose?
3. What does e-Invoicing entail?
The appropriately titles white paper ‘Ireland is About to Become a Whole Lot Smarter’ presents a detailed overview of the opportunity at hand for both the private and public sectors in Ireland.
The economic circumstances have to a large extent forced the governments hand on this reform and we must take this opportunity as the benefits are significant and far reaching. Our Nordic neighbours are well down the e-Business journey and derive significant cost savings, and now have a solid e-Business infrastructure that is a competitive trading advantage.
No journey of this nature is exempt from challenges and obstacles.
So, download a copy of the white paper and please remember, here at Celtrino our door is always open and we are more than willing to help you plan to take advantage of this opportunity.
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