SlideShare a Scribd company logo
1 of 24
And say goodbye to
paper forever!
How to achieve
100% e-invoicing
CONTENTS
 Introductions
 The business case
 Key challenges
 The path towards 100
 Lessons learned
Rowan Lemley (host)
INTRODUCTIONS
Mikael Schedin, Product
Manager, Supplier Onboarding
OPUSCAPITA BY THE NUMBERS
Established 1984
~350 Employees
65m € Revenue 2018
3000 Customers with
users in over 100
Countries
Over 1 Million Suppliers
and 100,000,000
eTransactions
Over 40,000,000
products and services
bought & sold
Over 130 Billion € in
payments annually
DIGITAL OPTIMIZATION
The process of using digital
technology to improve existing
operating processes and/or
business models.
DIGITAL TRANSFORMATION
The process of exploiting the
latest digital technologies and
practices to create a new
sustainable digital business
model.
THE PATH TO BECOMING A DIGITAL BUSINESS
Gartner, Digital Business Transformation: Closing the Gap Between Ambition and Reality, Ian Cox, Kristin Moyer, 18 June 2018.
GLOBAL
PAYMENTS
PAYABLES
AUTOMATION
SOURCING &
SUPPLIER
ENGAGEMENT
RECEIVABLES
AUTOMATION
OPERATIONAL
PROCUREMENT
CASH
MANAGEMENT
Comprehensive
supplier information
management and
agile sourcing for
goods and services.
Improve your cash
inflows and reduce
the time spent
matching payments
to invoices.
Create a centralized
product catalog with
a modern guided
buying experience
with full mobility.
Consolidate and
optimize your in-
house bank and
liquidity
management
functions.
Enable control and
compliance over AP while
dramatically lowering
transactional costs.
Connect directly to over
200 banks, SWIFT certified
for global payment
coverage.
OpusCapita is a platform
that combines source-to-
pay & cash management,
enabling full source-to-cash
process optimization.
HOW WE SUPPORT YOU
CONNECT, TRANSACT
AND GROW ON THE
OPUSCAPITA BUSINESS
NETWORK
The business case for e-transitioning
Get networked! Digitalization
starts here. Transactional
efficiencies and clean data will
set you up for success.
Connect
Command & control!
Centralize and standardize
your processes ensuring
internal and external alignment
with maximum control in place.
Align
Work smarter, not harder!
With digital connectivity and a
streamlined process in place,
intelligent automation can
delivery next level opportunities.
Automate
1
2
3Unlock the value of
digitalization! With a highly agile
process, you are ready to support
growth. With fully digitalized
processes, analytics and insights
can drive performance.
Optimize
4
THE VALUE DRIVERS OF DIGITAL TRANSFORMATION
https://docs.google.com/spreadsheets/d/1ZyiFIgim2weNE3dHxEHirROuKMyOhPm0dGwriB6vdS8/edit#gid=
815687851
The value of e-Transition for you
40% e-
ratio
50% e-
ratio
60% e-
ratio
75% e-
ratio
85% e-
ratio
▪ Peppol ready network with compliant
invoicing
▪ Transitioning to 60% electronic in 3
years, yields €355k savings and
reduces CO2 by 65,343 kg
▪ Savings increases with higher e-ratio
▪ General benefits: reduces costs,
ensures invoicing compliance, further
increases visibility, reduces errors,
speeds up invoice cycle times, etc
Key challenges for e-transition
What is an e-Transition?
A commitment to
change from paper-
based invoicing
Supplier engagement &
onboarding
Digitalized invoicing
processes helping to
optimize full S2P
According to Billentis *, switching from paper
to e-invoicing can save you up to 11€ / invoice
in AP and 6€ / invoice in AR
2019 Billentis market report on e-invoicing
Suppliers
Getting all your suppliers to make the switch to e-
invoicing is impossible.
Cost
Our process includes both e-invoicing and scan &
capture, we don’t see an ROI for switching.
Timing
Is now the right time for our organization to make
a final push to 100% e-invoicing?
KEY CHALLENGES
The path towards 100
4 STEPS FOR A SUCCESSFUL TRANSITION
Upgrade to
Peppol ready
platform
Supplier
mapping
Supplier
onboarding
Baked in process
“x” Months
PLANNING
KICK-OFF MEETING
SCOPE, KPI AND
TIMELINE
SUPPLIER BASE
SEGMENTATION
COMMUNICATION
STRATEGY
CAMPAIGNING
COMMUNICATION
TOWARDS SUPPLIER
BASE
WAVED
ONBOARDING
CONTENT CHECK
AND APPROVAL
REMINDERS
EVALUATION
FOLLOW-UP ON PROGRESS
PROGRAM EVALUATION
MAKE E-TRANSITION A PROGRAM
DEFINE THE SCOPE BASED ON
TRANSACTION VOLUMES
A B c
A - LARGE: 5-20 SUPPLIER REPRESENTS ~30% OF ANNUAL TRANSACTION VOLUME
B – MEDIUM: 100-500 SUPPLIERS REPRESENTS ANOTHER 30-40%
C- SMALL: TAIL SPEND ON THOUSANDS OF SUPPLIERS
LOCATION, LOCATION, LOCATION
ANALYZE TO PRIORITIZE
Admin
Services
Direct
Material
Installati
on
Indirect
Material
Strategic
Importance
Transaction
Volumes
- Identify suitable suppliers to
participate in the program
- Segment them into waves
- Improvement and qualification
of the supplier data
E-RATIO TARGET BASED ON
SUPPLIER SEGMENTATION
TIMELINE
100%
MULTI-CHANNEL ONBOARDING
POSITIVE INCENTIVES FIRM MESSAGE MULTIPLE CHANNELS
● Prioritized suppliers
● Accurate payments
● Online self-service
● E-invoicing is required
to do business with us
● End date for paper
invoices
● Internal understanding
● Networked e-invoice for
full benefits
● Structured PDF for the
majority
● Portal - Free of charge
● EDI for strategic partners
● Offer PO’s electronically
KEYS FOR SUCCESSFUL ONBOARDING
LESSONS LEARNED & ADVICE FOR
FULL E-TRANSITIONING
Mikael Schedin, Product
Manager, Supplier Onboarding
Digitalizing global trade
One customer at a time
What we do.
How we do it.

More Related Content

Similar to Webinar: Achieve 100% e-invoicing and say goodbye to paper forever!

Corporate presentation Deck-Capabilities
Corporate presentation Deck-CapabilitiesCorporate presentation Deck-Capabilities
Corporate presentation Deck-Capabilities
ssuser2bb380
 
Automate all Spend and Collaborate with all Suppliers
Automate all Spend and Collaborate with all SuppliersAutomate all Spend and Collaborate with all Suppliers
Automate all Spend and Collaborate with all Suppliers
SAP Ariba
 
GAFFEYHealthcareOverviewDeckQ22015
GAFFEYHealthcareOverviewDeckQ22015GAFFEYHealthcareOverviewDeckQ22015
GAFFEYHealthcareOverviewDeckQ22015
Derek Morkel
 

Similar to Webinar: Achieve 100% e-invoicing and say goodbye to paper forever! (20)

Webinar: 5 steps to successful invoice automation
Webinar: 5 steps to successful invoice automationWebinar: 5 steps to successful invoice automation
Webinar: 5 steps to successful invoice automation
 
#BainWebinar Next Generation Industrial Performance Post COVID-19
#BainWebinar Next Generation Industrial Performance Post COVID-19#BainWebinar Next Generation Industrial Performance Post COVID-19
#BainWebinar Next Generation Industrial Performance Post COVID-19
 
AiRo Digital Labs - RPA Use Case - Finance & Accounting
AiRo Digital Labs - RPA Use Case - Finance & AccountingAiRo Digital Labs - RPA Use Case - Finance & Accounting
AiRo Digital Labs - RPA Use Case - Finance & Accounting
 
Digital transformation by Satwik
Digital transformation by SatwikDigital transformation by Satwik
Digital transformation by Satwik
 
Accounts Payable Automation - man vs machine
Accounts Payable Automation - man vs machineAccounts Payable Automation - man vs machine
Accounts Payable Automation - man vs machine
 
Information at Work: Canon Business Services: The next generation outsourcing
Information at Work: Canon Business Services: The next generation outsourcingInformation at Work: Canon Business Services: The next generation outsourcing
Information at Work: Canon Business Services: The next generation outsourcing
 
Global payroll and HCM integration
Global payroll and HCM integrationGlobal payroll and HCM integration
Global payroll and HCM integration
 
Alan from HCL on Managing Business Changes at PM Conference India 2009
Alan from HCL on Managing Business Changes at PM Conference India 2009Alan from HCL on Managing Business Changes at PM Conference India 2009
Alan from HCL on Managing Business Changes at PM Conference India 2009
 
George Schindler CGI Value Creation CGI Ratkaisu19
George Schindler CGI Value Creation CGI Ratkaisu19George Schindler CGI Value Creation CGI Ratkaisu19
George Schindler CGI Value Creation CGI Ratkaisu19
 
Transform Your Participations, Residuals & Royalties Processes to Drive Busin...
Transform Your Participations, Residuals & Royalties Processes to Drive Busin...Transform Your Participations, Residuals & Royalties Processes to Drive Busin...
Transform Your Participations, Residuals & Royalties Processes to Drive Busin...
 
Corporate presentation Deck-Capabilities
Corporate presentation Deck-CapabilitiesCorporate presentation Deck-Capabilities
Corporate presentation Deck-Capabilities
 
Automate all Spend and Collaborate with all Suppliers
Automate all Spend and Collaborate with all SuppliersAutomate all Spend and Collaborate with all Suppliers
Automate all Spend and Collaborate with all Suppliers
 
Expense Management Strategies to Maximize ROI in 2016
Expense Management Strategies to Maximize ROI in 2016Expense Management Strategies to Maximize ROI in 2016
Expense Management Strategies to Maximize ROI in 2016
 
Vision Solution Day Milan 2018
Vision Solution Day Milan 2018Vision Solution Day Milan 2018
Vision Solution Day Milan 2018
 
Process Intelligence: Remaking Your Business
Process Intelligence: Remaking Your BusinessProcess Intelligence: Remaking Your Business
Process Intelligence: Remaking Your Business
 
How to Craft a World-Class Commerce Program with Your Suppliers - SID 51263
How to Craft a World-Class Commerce Program with Your Suppliers - SID 51263How to Craft a World-Class Commerce Program with Your Suppliers - SID 51263
How to Craft a World-Class Commerce Program with Your Suppliers - SID 51263
 
Digital Finance Strategies for Utilities
Digital Finance Strategies for UtilitiesDigital Finance Strategies for Utilities
Digital Finance Strategies for Utilities
 
Key Trends: The Path to Value Accenture Post and Parcel Industry Research 2018
Key Trends: The Path to Value Accenture Post and Parcel Industry Research 2018Key Trends: The Path to Value Accenture Post and Parcel Industry Research 2018
Key Trends: The Path to Value Accenture Post and Parcel Industry Research 2018
 
GAFFEYHealthcareOverviewDeckQ22015
GAFFEYHealthcareOverviewDeckQ22015GAFFEYHealthcareOverviewDeckQ22015
GAFFEYHealthcareOverviewDeckQ22015
 
CPO Event - Dr. Marcell Vollmer, Transform Procurement with Integrated Processes
CPO Event - Dr. Marcell Vollmer, Transform Procurement with Integrated ProcessesCPO Event - Dr. Marcell Vollmer, Transform Procurement with Integrated Processes
CPO Event - Dr. Marcell Vollmer, Transform Procurement with Integrated Processes
 

More from OpusCapita

More from OpusCapita (20)

Procurement & IT are partners in Source-to-Pay
Procurement & IT are partners in Source-to-PayProcurement & IT are partners in Source-to-Pay
Procurement & IT are partners in Source-to-Pay
 
Azure - a secure platform for source-to-pay
Azure - a secure platform for source-to-payAzure - a secure platform for source-to-pay
Azure - a secure platform for source-to-pay
 
E-procurement Best Practices for 2020
E-procurement Best Practices for 2020E-procurement Best Practices for 2020
E-procurement Best Practices for 2020
 
Source-to-Pay in 2019 - a year in review
Source-to-Pay in 2019 - a year in reviewSource-to-Pay in 2019 - a year in review
Source-to-Pay in 2019 - a year in review
 
Procurement in the Nordics 2020
Procurement in the Nordics 2020Procurement in the Nordics 2020
Procurement in the Nordics 2020
 
A CFO’s perspective for 2020
A CFO’s perspective for 2020A CFO’s perspective for 2020
A CFO’s perspective for 2020
 
Key considerations for IT Departments implementing e-invoicing
Key considerations for IT Departments implementing e-invoicingKey considerations for IT Departments implementing e-invoicing
Key considerations for IT Departments implementing e-invoicing
 
Webinar: Building your business case for e-invoicing
Webinar: Building your business case for e-invoicingWebinar: Building your business case for e-invoicing
Webinar: Building your business case for e-invoicing
 
How Procurement Digitalization is Creating Value in the Construction Industry
 How Procurement Digitalization is Creating Value in the Construction Industry How Procurement Digitalization is Creating Value in the Construction Industry
How Procurement Digitalization is Creating Value in the Construction Industry
 
Three keys to solving services eprocurement
Three keys to solving services eprocurementThree keys to solving services eprocurement
Three keys to solving services eprocurement
 
New Technologies and New Futures - a webinar with Tom Jansson, CFO, Posti
New Technologies and New Futures - a webinar with Tom Jansson, CFO, PostiNew Technologies and New Futures - a webinar with Tom Jansson, CFO, Posti
New Technologies and New Futures - a webinar with Tom Jansson, CFO, Posti
 
Content strategy for e-Procurement? - You need one!
Content strategy for e-Procurement? - You need one!Content strategy for e-Procurement? - You need one!
Content strategy for e-Procurement? - You need one!
 
Webinar: Microsoft & OpusCapita: becoming a digital business - how to succeed!
Webinar: Microsoft & OpusCapita: becoming a digital business - how to succeed!Webinar: Microsoft & OpusCapita: becoming a digital business - how to succeed!
Webinar: Microsoft & OpusCapita: becoming a digital business - how to succeed!
 
Mind the EU directive: What does the regulation and format change mean to Nor...
Mind the EU directive: What does the regulation and format change mean to Nor...Mind the EU directive: What does the regulation and format change mean to Nor...
Mind the EU directive: What does the regulation and format change mean to Nor...
 
Raise Your Game: Meeting the Changing Expectations in MRO Procurement
Raise Your Game: Meeting the Changing Expectations in MRO ProcurementRaise Your Game: Meeting the Changing Expectations in MRO Procurement
Raise Your Game: Meeting the Changing Expectations in MRO Procurement
 
10.10.2018 The Shape of Procurement: how technology and the pace of change ar...
10.10.2018 The Shape of Procurement: how technology and the pace of change ar...10.10.2018 The Shape of Procurement: how technology and the pace of change ar...
10.10.2018 The Shape of Procurement: how technology and the pace of change ar...
 
25.09.2018 How to Improve Your Accounts Payable Processes & Save Money
25.09.2018 How to Improve Your Accounts Payable Processes & Save Money25.09.2018 How to Improve Your Accounts Payable Processes & Save Money
25.09.2018 How to Improve Your Accounts Payable Processes & Save Money
 
New EU Directive for e-Invoicing – Get up to Speed
New EU Directive for e-Invoicing – Get up to SpeedNew EU Directive for e-Invoicing – Get up to Speed
New EU Directive for e-Invoicing – Get up to Speed
 
Elektronische Rechnungen - Der aktuelle Stand
Elektronische Rechnungen - Der aktuelle StandElektronische Rechnungen - Der aktuelle Stand
Elektronische Rechnungen - Der aktuelle Stand
 
Service Procurement - Warum kompliziert wenn es auch einfach geht
Service Procurement - Warum kompliziert wenn es auch einfach gehtService Procurement - Warum kompliziert wenn es auch einfach geht
Service Procurement - Warum kompliziert wenn es auch einfach geht
 

Recently uploaded

一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
atedyxc
 
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
indexPub
 
一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书
一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书
一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书
atedyxc
 
TriStar Gold- 05-13-2024 corporate presentation
TriStar Gold- 05-13-2024 corporate presentationTriStar Gold- 05-13-2024 corporate presentation
TriStar Gold- 05-13-2024 corporate presentation
Adnet Communications
 

Recently uploaded (20)

一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
 
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
 
Satoshi DEX Leverages Layer 2 To Transform DeFi Ecosystem.pdf
Satoshi DEX Leverages Layer 2 To Transform DeFi Ecosystem.pdfSatoshi DEX Leverages Layer 2 To Transform DeFi Ecosystem.pdf
Satoshi DEX Leverages Layer 2 To Transform DeFi Ecosystem.pdf
 
GIFT City Overview India's Gateway to Global Finance
GIFT City Overview  India's Gateway to Global FinanceGIFT City Overview  India's Gateway to Global Finance
GIFT City Overview India's Gateway to Global Finance
 
DIGITAL COMMERCE SHAPE VIETNAMESE SHOPPING HABIT IN 4.0 INDUSTRY
DIGITAL COMMERCE SHAPE VIETNAMESE SHOPPING HABIT IN 4.0 INDUSTRYDIGITAL COMMERCE SHAPE VIETNAMESE SHOPPING HABIT IN 4.0 INDUSTRY
DIGITAL COMMERCE SHAPE VIETNAMESE SHOPPING HABIT IN 4.0 INDUSTRY
 
Slideshare - ONS Economic Forum Slidepack - 13 May 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 13 May 2024.pptxSlideshare - ONS Economic Forum Slidepack - 13 May 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 13 May 2024.pptx
 
一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书
一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书
一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书
 
TriStar Gold- 05-13-2024 corporate presentation
TriStar Gold- 05-13-2024 corporate presentationTriStar Gold- 05-13-2024 corporate presentation
TriStar Gold- 05-13-2024 corporate presentation
 
cost-volume-profit analysis.ppt(managerial accounting).pptx
cost-volume-profit analysis.ppt(managerial accounting).pptxcost-volume-profit analysis.ppt(managerial accounting).pptx
cost-volume-profit analysis.ppt(managerial accounting).pptx
 
The Pfandbrief Roundtable 2024 - Covered Bonds
The Pfandbrief Roundtable 2024 - Covered BondsThe Pfandbrief Roundtable 2024 - Covered Bonds
The Pfandbrief Roundtable 2024 - Covered Bonds
 
Managing personal finances wisely for financial stability and
Managing personal finances wisely for financial stability  andManaging personal finances wisely for financial stability  and
Managing personal finances wisely for financial stability and
 
Amil baba australia kala jadu in uk black magic in usa
Amil baba australia kala jadu in uk black magic in usaAmil baba australia kala jadu in uk black magic in usa
Amil baba australia kala jadu in uk black magic in usa
 
Q1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdfQ1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdf
 
Economic Risk Factor Update: May 2024 [SlideShare]
Economic Risk Factor Update: May 2024 [SlideShare]Economic Risk Factor Update: May 2024 [SlideShare]
Economic Risk Factor Update: May 2024 [SlideShare]
 
Production and Cost of the firm with curves
Production and Cost of the firm with curvesProduction and Cost of the firm with curves
Production and Cost of the firm with curves
 
20240514-Calibre-Q1-2024-Conference-Call-Presentation.pdf
20240514-Calibre-Q1-2024-Conference-Call-Presentation.pdf20240514-Calibre-Q1-2024-Conference-Call-Presentation.pdf
20240514-Calibre-Q1-2024-Conference-Call-Presentation.pdf
 
amil baba kala jadu expert uk amil baba kala jadu removal uk amil baba in mal...
amil baba kala jadu expert uk amil baba kala jadu removal uk amil baba in mal...amil baba kala jadu expert uk amil baba kala jadu removal uk amil baba in mal...
amil baba kala jadu expert uk amil baba kala jadu removal uk amil baba in mal...
 
asli amil baba bengali black magic kala jadu expert in uk usa canada france c...
asli amil baba bengali black magic kala jadu expert in uk usa canada france c...asli amil baba bengali black magic kala jadu expert in uk usa canada france c...
asli amil baba bengali black magic kala jadu expert in uk usa canada france c...
 
Shrambal_Distributors_Newsletter_May-2024.pdf
Shrambal_Distributors_Newsletter_May-2024.pdfShrambal_Distributors_Newsletter_May-2024.pdf
Shrambal_Distributors_Newsletter_May-2024.pdf
 
amil baba in australia amil baba in canada amil baba in london amil baba in g...
amil baba in australia amil baba in canada amil baba in london amil baba in g...amil baba in australia amil baba in canada amil baba in london amil baba in g...
amil baba in australia amil baba in canada amil baba in london amil baba in g...
 

Webinar: Achieve 100% e-invoicing and say goodbye to paper forever!

  • 1. And say goodbye to paper forever! How to achieve 100% e-invoicing
  • 2. CONTENTS  Introductions  The business case  Key challenges  The path towards 100  Lessons learned
  • 3. Rowan Lemley (host) INTRODUCTIONS Mikael Schedin, Product Manager, Supplier Onboarding
  • 4. OPUSCAPITA BY THE NUMBERS Established 1984 ~350 Employees 65m € Revenue 2018 3000 Customers with users in over 100 Countries Over 1 Million Suppliers and 100,000,000 eTransactions Over 40,000,000 products and services bought & sold Over 130 Billion € in payments annually
  • 5. DIGITAL OPTIMIZATION The process of using digital technology to improve existing operating processes and/or business models. DIGITAL TRANSFORMATION The process of exploiting the latest digital technologies and practices to create a new sustainable digital business model. THE PATH TO BECOMING A DIGITAL BUSINESS Gartner, Digital Business Transformation: Closing the Gap Between Ambition and Reality, Ian Cox, Kristin Moyer, 18 June 2018.
  • 6. GLOBAL PAYMENTS PAYABLES AUTOMATION SOURCING & SUPPLIER ENGAGEMENT RECEIVABLES AUTOMATION OPERATIONAL PROCUREMENT CASH MANAGEMENT Comprehensive supplier information management and agile sourcing for goods and services. Improve your cash inflows and reduce the time spent matching payments to invoices. Create a centralized product catalog with a modern guided buying experience with full mobility. Consolidate and optimize your in- house bank and liquidity management functions. Enable control and compliance over AP while dramatically lowering transactional costs. Connect directly to over 200 banks, SWIFT certified for global payment coverage. OpusCapita is a platform that combines source-to- pay & cash management, enabling full source-to-cash process optimization. HOW WE SUPPORT YOU CONNECT, TRANSACT AND GROW ON THE OPUSCAPITA BUSINESS NETWORK
  • 7. The business case for e-transitioning
  • 8. Get networked! Digitalization starts here. Transactional efficiencies and clean data will set you up for success. Connect Command & control! Centralize and standardize your processes ensuring internal and external alignment with maximum control in place. Align Work smarter, not harder! With digital connectivity and a streamlined process in place, intelligent automation can delivery next level opportunities. Automate 1 2 3Unlock the value of digitalization! With a highly agile process, you are ready to support growth. With fully digitalized processes, analytics and insights can drive performance. Optimize 4 THE VALUE DRIVERS OF DIGITAL TRANSFORMATION
  • 9.
  • 10. https://docs.google.com/spreadsheets/d/1ZyiFIgim2weNE3dHxEHirROuKMyOhPm0dGwriB6vdS8/edit#gid= 815687851 The value of e-Transition for you 40% e- ratio 50% e- ratio 60% e- ratio 75% e- ratio 85% e- ratio ▪ Peppol ready network with compliant invoicing ▪ Transitioning to 60% electronic in 3 years, yields €355k savings and reduces CO2 by 65,343 kg ▪ Savings increases with higher e-ratio ▪ General benefits: reduces costs, ensures invoicing compliance, further increases visibility, reduces errors, speeds up invoice cycle times, etc
  • 11. Key challenges for e-transition
  • 12. What is an e-Transition? A commitment to change from paper- based invoicing Supplier engagement & onboarding Digitalized invoicing processes helping to optimize full S2P According to Billentis *, switching from paper to e-invoicing can save you up to 11€ / invoice in AP and 6€ / invoice in AR 2019 Billentis market report on e-invoicing
  • 13. Suppliers Getting all your suppliers to make the switch to e- invoicing is impossible. Cost Our process includes both e-invoicing and scan & capture, we don’t see an ROI for switching. Timing Is now the right time for our organization to make a final push to 100% e-invoicing? KEY CHALLENGES
  • 15. 4 STEPS FOR A SUCCESSFUL TRANSITION Upgrade to Peppol ready platform Supplier mapping Supplier onboarding Baked in process “x” Months
  • 16. PLANNING KICK-OFF MEETING SCOPE, KPI AND TIMELINE SUPPLIER BASE SEGMENTATION COMMUNICATION STRATEGY CAMPAIGNING COMMUNICATION TOWARDS SUPPLIER BASE WAVED ONBOARDING CONTENT CHECK AND APPROVAL REMINDERS EVALUATION FOLLOW-UP ON PROGRESS PROGRAM EVALUATION MAKE E-TRANSITION A PROGRAM
  • 17. DEFINE THE SCOPE BASED ON TRANSACTION VOLUMES A B c A - LARGE: 5-20 SUPPLIER REPRESENTS ~30% OF ANNUAL TRANSACTION VOLUME B – MEDIUM: 100-500 SUPPLIERS REPRESENTS ANOTHER 30-40% C- SMALL: TAIL SPEND ON THOUSANDS OF SUPPLIERS
  • 19. ANALYZE TO PRIORITIZE Admin Services Direct Material Installati on Indirect Material Strategic Importance Transaction Volumes - Identify suitable suppliers to participate in the program - Segment them into waves - Improvement and qualification of the supplier data
  • 20. E-RATIO TARGET BASED ON SUPPLIER SEGMENTATION TIMELINE 100%
  • 22. POSITIVE INCENTIVES FIRM MESSAGE MULTIPLE CHANNELS ● Prioritized suppliers ● Accurate payments ● Online self-service ● E-invoicing is required to do business with us ● End date for paper invoices ● Internal understanding ● Networked e-invoice for full benefits ● Structured PDF for the majority ● Portal - Free of charge ● EDI for strategic partners ● Offer PO’s electronically KEYS FOR SUCCESSFUL ONBOARDING
  • 23. LESSONS LEARNED & ADVICE FOR FULL E-TRANSITIONING Mikael Schedin, Product Manager, Supplier Onboarding
  • 24. Digitalizing global trade One customer at a time What we do. How we do it.

Editor's Notes

  1. Founded 1984, approximately 400 employees, 65m€ in 2017
  2. KPIsDirect savings 3 years 355,000€ Indirect savings 3 years *5,040,000€ E-ratio after 3 years60% Breakeven13 Months Paper savings 44300KgCO2 Savings65343Kg CO2 https://docs.google.com/spreadsheets/d/1ZyiFIgim2weNE3dHxEHirROuKMyOhPm0dGwriB6vdS8/edit?pli=1#gid=815687851
  3. First and foremost, it’s a commitment to change, moving from paper based invoicing to electronic channels. It’s a commitment to further digitalizing your financial processes.
  4. Platform migration (upgrade to new platform) (info to explain this step: xx to xx hours, OC own this process, customer need to do testing when migration is finished.) Customer discovery (info to explain this step: xx to xx hours, OC + customer in a workshop to map out the need for customization (OC try to move the customer to standard formats and xxx) Customer implementation project (info to explain this step: xx to xx hours, OC runs the project and what is required from the customer) Supplier onboarding (info to explain this step: OC own the process. Timeline: after 3 months we expect to have 60% of the suppliers onboarded, after 6 we expect to have 80% suppliers onboarded, …) Ralf’s slides - https://docs.google.com/presentation/d/1GRgy3-73BWFCVwJO5OEs4JV2MhpOy-6M/edit?ts=5d4d55eb#slide=id.p35