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How digital solutions help accountants maximize efficiency, profitability and customer loyalty

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Presented by Codabox at the Accounting & Finance Digital Summit on February 22nd, 2019.

Published in: Business
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How digital solutions help accountants maximize efficiency, profitability and customer loyalty

  1. 1. Accounting Made Simple.
  2. 2. I need you !
  3. 3. @misterblight
  4. 4. TECHNOLOGY = FACILITATOR • Do things MORE EFFICIENTLY • REMOVE FRICTION from business processes • MAKE complicated tasks SIMPLE
  5. 5. CONVENIENCE
  6. 6. Money talks … … bullshit walks.
  7. 7. 1%
  8. 8. E-invoicing in Belgium Good start, but stagnating
  9. 9. 1 billion invoices
  10. 10. Money talks … • Paper costs € 5.000.000.000 • Digital costs € 1.600.000.000 • Savings over 5 year € 3.400.000.000
  11. 11. € 1.700.000.000
  12. 12. Wait ? What ? There’s more …
  13. 13. CONVENIENCE
  14. 14. THE “BLACKBERRY MINDSET”
  15. 15. CONVENIENCE
  16. 16. YOU DON’T FOOL ME • HEAVY PROCESSES to sign or validate transactions • EXTRA TOOLS to see the entire financial picture • LACK OF COMPLETENESS on a document level • Sending and receiving PDF INVOICES VIA EMAIL
  17. 17. Accounting Made Simple.
  18. 18. WE BELIEVE IN • OPEN FORMATS and standards to facilitate integrations • SIMPLICITY FIRST by making our tech invisible through APIs • THE NETWORK ALWAYS WINS, we’re all in this together
  19. 19. 18 CONNECTED BANKS 98% CODA COMPATIBLE SOFTWARE 300,000 CONNECTED BANK ACCOUNTS PAYROLL OFFICES 38 SODA ENTREPRISE USERS 600 CODA ENTREPRISE USERS 3,000
  20. 20. Accounting Made Simple.
  21. 21. Bank Statements Document E-signing Payroll Documents Sales Invoices Purchase Invoices SIMPLICITY FIRST
  22. 22. CODA / SODA 18 CONNECTED BANKS 98% CODA COMPATIBLE ACCOUNTING SOFTWARE 3,000 CODA ENTREPRISE USERS 300,000 CONNECTED BANK ACCOUNTS CONNECTED PAYROLL OFFICES 38 SODA ENTREPRISE USERS 600 SODA COMPATIBLE ACCOUNTING SOFTWARE 95%
  23. 23. E-INVOICING • REAL digital invoices • UBL-format (XML) • Delivery via PEPPOL or ZOOMIT • SEAMLESS integration in software Sales Invoices Purchase Invoices
  24. 24. CONVENIENCE
  25. 25. E-INVOICING • INCREASE efficiency • SIMPLIFY transactional management • REDUCE errors • CREATE DASHBOARDS to improve cashflow
  26. 26. € 1.700.000.000
  27. 27. I need you !
  28. 28. #TOUSENSEMBLE
  29. 29. #DIGICROWD
  30. 30. CONVENIENCE
  31. 31. THE #DIGICROWD EFFECT •COLLABORATE more efficiently •SIMPLIFY business administration •INCREASE the volume •Create a COMPLETE & CENTRALIZED LIBRARY to manage all documents
  32. 32. CONNECT 100K BUSINESSES
  33. 33. Per connected business we will donate €1 to charity INNOVATION HAPPENS BOTTOM-UP
  34. 34. #TOUSENSEMBLE
  35. 35. YOUR CONVENIENCE
  36. 36. tom.blight@codabox.com
  37. 37. IT’S A WRAP • €1.7 BILLION on the table • Don’t fake the funk by sending PDF-invoices • Join the #DIGICROWD movement • Claim your right to CONVENIENCE
  38. 38. Accounting Made Simple.

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