1. Businesses Are More Reliant on Their Network of Partners
than Ever Before
Trend #1: Increasing Complexity of Network Interfaces
25.000
New markets, mergers and acquisitions, global
supply chain
20.000
Increasing number of business partners and
subsidiaries 15.000
Trend #2: Accelerated Speed of Business
10.000
New product and services introductions; new
suppliers and partners 5.000 250 500 750
1,000
+
Rapid partner on-/off-boarding due to changing
market conditions 0
Partners
Forrester Consulting, Joint Industry EDI/B2B Survey, March 2010
“”
…thanks to an ever-more-globalized business environment, more large companies now see attractive market
opportunities beyond their borders, further highlighting the need to establish an efficient B2B infrastructure with local
subsidiaries and suppliers.
Gartner, 12 October 2010, Market Trends: Application Infrastructure and Middleware Software, Worldwide, 2009-2014
2. E-Invoicing Increases Transparency, Productivity,
Compliance and Business Partner Satisfaction
Customers
1. Customers 3. Purchasing
Comply with electronic Increased productivity
billing goals Greater percentage of
Automate processes cash discounts
to improve supplier captured
e-Invoicing Accounting/ Lower cost of goods
Purchasing purchased
Finance
2. Accounting & Finance 4. Suppliers
Consistent payments CFO Improved vendor
across countries and relationships
organizations Reduced DSO
Lower cost of capital Improved cash flow
5. CIO/CFO Suppliers
Global visibility
Stronger controls, audits and improved compliance
Integrated systems and processes
3. What Does This Mean for Your Business?
Top Executive Issues
Financial Operations
Ensure compliance in all relevant countries
Meet sustainability goals by driving paperless business networks
Increase productivity so staff are focused on activities that add the most value
Payables Receivables
Achieve invoice processing cost reduction, Reduce Days Sales Outstanding (DSO)
maintain accuracy and capture more with automated e-billing processes
discounts
Reduce cost of receivables processing
Pay vendors on time and accurately, while ensuring timely invoice delivery to
improving vendor relations customers