Most of us are aware of the benefits of getting rid of paper invoices. We save time, money and reduce errors.
But what elements should you take into account when you’re building a business case? And better yet, how do you sell this type of digital transformation to your internal stakeholders. Which parts of your organization need to be involved
Join our webinar to find out how to build your business case for e-invoicing and understand how to get this onto the agenda of your key stakeholders.
Webinar: 5 steps to successful invoice automationOpusCapita
Value drivers for any best-in-class AP department are tied to basics like a solid procurement policy, high quality invoice data, master data management and automation. But these are just labels which is why we want to dig deeper and examine what specifically is required for any of these elements to deliver value to your organization.
Three keys to solving services eprocurementOpusCapita
In this webinar we want to give you 3 keys to solving this challenge so that you, your suppliers and your customers can all benefit from a stronger value-chain.
Join the webinar and hear from our experts how you can better manage suppliers and supplier information and how you can eliminate maverick buying and entire change the definition of a free-text order. Lastly, we want to show you how suppliers can leverage self-service options to support your services procurement processes.
3 keys to solving services procurement that will help you cut costs and grow.
Learn more about the accounts payable process & its related procedures. Find out the importance & challenges involved in accounts payable processing.
https://nanonets.com/blog/accounts-payable-process/
Earlier traditional paper-based adopters crave ways for efficient and cost-saving solutions. The e-invoicing process improves the cash flow and working capital with the automated solution on a global scale. The use of electronic invoicing software eliminates the need for manual input of invoices received via email, PDF or paper. The e-Invoicing solutions can result in savings of 60-80% as compared to traditional paper-based invoicing.The decision to exchange invoices just in an electronic format has a tremendous multiplier effect on a broad scale market adoption.
E-invoicing or ‘electronic invoicing’ is a process in which B2B invoice are authenticated electronically by GSTN for further use on the common GST portal
The e-Way bill is an electronically generated document which is required for the movement of goods of value more than INR 50000, from one location to another.
We present to you our new fintech product and solution named "CharlieIndia".
In case we've managed to gain your attention, please feel free to contact us for more information about what we could offer to you and your business to grow!
You may contact us directly via e-mail on vilmos.zsakay@partnerhub.hu / katalin.kauzli@partnerhub.hu at any comfortable time!
Our Sales Team will get back to you as soon as possible with more information in order to discuss the details and possibilities!
25.09.2018 How to Improve Your Accounts Payable Processes & Save MoneyOpusCapita
Does your Accounts Payable department spend a lot of time on manual, paper-based tasks? Is the verification, approval and posting process for your purchase invoices streamlined? Is your AP department able to pay all purchase invoices on time?
Webinar: 5 steps to successful invoice automationOpusCapita
Value drivers for any best-in-class AP department are tied to basics like a solid procurement policy, high quality invoice data, master data management and automation. But these are just labels which is why we want to dig deeper and examine what specifically is required for any of these elements to deliver value to your organization.
Three keys to solving services eprocurementOpusCapita
In this webinar we want to give you 3 keys to solving this challenge so that you, your suppliers and your customers can all benefit from a stronger value-chain.
Join the webinar and hear from our experts how you can better manage suppliers and supplier information and how you can eliminate maverick buying and entire change the definition of a free-text order. Lastly, we want to show you how suppliers can leverage self-service options to support your services procurement processes.
3 keys to solving services procurement that will help you cut costs and grow.
Learn more about the accounts payable process & its related procedures. Find out the importance & challenges involved in accounts payable processing.
https://nanonets.com/blog/accounts-payable-process/
Earlier traditional paper-based adopters crave ways for efficient and cost-saving solutions. The e-invoicing process improves the cash flow and working capital with the automated solution on a global scale. The use of electronic invoicing software eliminates the need for manual input of invoices received via email, PDF or paper. The e-Invoicing solutions can result in savings of 60-80% as compared to traditional paper-based invoicing.The decision to exchange invoices just in an electronic format has a tremendous multiplier effect on a broad scale market adoption.
E-invoicing or ‘electronic invoicing’ is a process in which B2B invoice are authenticated electronically by GSTN for further use on the common GST portal
The e-Way bill is an electronically generated document which is required for the movement of goods of value more than INR 50000, from one location to another.
We present to you our new fintech product and solution named "CharlieIndia".
In case we've managed to gain your attention, please feel free to contact us for more information about what we could offer to you and your business to grow!
You may contact us directly via e-mail on vilmos.zsakay@partnerhub.hu / katalin.kauzli@partnerhub.hu at any comfortable time!
Our Sales Team will get back to you as soon as possible with more information in order to discuss the details and possibilities!
25.09.2018 How to Improve Your Accounts Payable Processes & Save MoneyOpusCapita
Does your Accounts Payable department spend a lot of time on manual, paper-based tasks? Is the verification, approval and posting process for your purchase invoices streamlined? Is your AP department able to pay all purchase invoices on time?
Automation of accounts payable process using AI technology,
Digital Invoice Application helps you digitize end to end processing of vendor invoices through automation, workflows with best practices. The solution enables businesses to meet critical payment and compliance deadlines, reduce the time it takes to process invoices. Streamline Accounts Payable Operations with Optimized Invoice Processing
Accounts payables with SharePoint and NintexActSolution
Paper invoices and manual processing continues to hamper many organizations accounts payable operations, keeping supplier’s in the dark and failing to give finance the visibility they need to actively manage the company’s cash position. With some automation around vendor payment information and 3 way matching let us help you drive savings through discount capture, penalty avoidance and lower labor costs while improving the speed at which your team can access payables related information.
Source to Settle and Order to Cash Process MapBob Solomon
For every Source to Settle process at a buyer's company, there is an equal and opposite Order to Cash process at a supplier's company. Interweaving and automating this interaction on both sides is the only way to remove costs from the process, rather than just shifting the burden from one "side" to another.
How to avoid the single point of project failure and reach 80% electronic inv...sharedserviceslink.com
This session was presented at '15 Secrets to Shared Services Success" conference organised by sharedserviceslink.com.
To find out more about forthcoming conferences check http://www.sharedserviceslink.com
State of today's telecom billing and back-office. Presented by TimelyBill's Director of Sales, Luke Crissy, to the attendees at the CSI User Conference, in San Diego, CA.
We make VAT Reporting in GCC countries very easy. Read our free VAT guide for a step-by-step walkthrough of how to use Tax reporting tool by Azdan to solve the Value Added Tax in GCC countries.
Save Time and Resources - Fully Automate Intercompany Process End to EndVineeth Mylapur
Does your Intercompany process (from entries to settlements) manual? Are your Accountants, Accounts Payable, Treasury and Tax teams facing difficulties to finish the process on time? Do you want to save time and resources by automating the Intercompany process end to end? If you are facing these problems then join this session to learn how you can help your organization to completely automate the Intercompany process by extending the standard Advance Global Intercompany System features to automate the Intercompany entries, approvals, Invoicing, accounting, reconciliation, netting and settlements.
Objective 1: Discuss the business use cases and limitations of standard Advance Global Intercompany System (AGIS).
Objective 2: Learn how you can automate the AGIS entry process for each business use case.
Objective 3: Discover the enhancements and configurations are required for automating the Intercompany process end to end.
Objective 4: Learn how to automatically create Intercompany Invoices (in AR & AP), accounting and reconciliation of the transactions.
Objective 5: Learn how you can automate the netting process and perform cash settlements for the Intercompany transactions between legal entities as per region specific regulations.
TimelyBill is a SaaS based solution for communications service providers and subscription billers. TimelyBill enables companies to introduce products, generate invoices, collect payments, offer bundles, share profit with partners, detect fraud and many other revenue related functions.
The contract does not define period. User is required to select transactions in a given date range that may happen to be 10 days, 1 month, 2 months. System will aggregate all transactions and apply rates as per contract
Once a transaction document is billed, it can not be billed again. Exception is in case of BA where same docket can be billed separately for booking and delivery BA
NCET Tech Bite - March 2015 - QuickBooks - Marie GibsonArchersan
Marie Gibson of Gibson, Gale & Associates discusses the power of QuickBooks. She points out the common QuickBooks mistakes made by new users that affect their reports’ integrity and how to prevent them. She also focuses on the use of financial reports in managerial decision-making.
Accounts Payable Automation - man vs machineOpusCapita
There are no shortages of examples how process automation can drive cost reduction through lowered headcount - but headcount reduction is not always possible, nor always the goal. In this webinar, we wanted to look at the ways in which digitalization can positively impact key stakeholders in the invoice handling process.
Many individual process steps can be automated and there is no reason not to automate basic and/or repetitive tasks. But what happens when you do? What does it mean for your team in Accounts Payable? How do the cost center owners benefit and how has digitalization changed how they operate? It’s essential to see the human impact of these solutions in order to understand the full value of digital transformation. It’s not all about lowering transaction costs or invoice cycle times.
In this webinar we will discuss:
What is invoice automation
Who are the key stakeholders
The impact of digitalization
New opportunities
How RPA improves financial KPIs - DocProcessDocProcess
DocProcess is a cloud finance and accounting automation solution based on Robotic Process Automation and eInvoicing. Designed for enterprises, SSCs and BPOs. Our solution, DocXchange helps companies automate their Accounts Payable and Accounts Receivable operations with robots in the cloud (RaaS).
Automation of accounts payable process using AI technology,
Digital Invoice Application helps you digitize end to end processing of vendor invoices through automation, workflows with best practices. The solution enables businesses to meet critical payment and compliance deadlines, reduce the time it takes to process invoices. Streamline Accounts Payable Operations with Optimized Invoice Processing
Accounts payables with SharePoint and NintexActSolution
Paper invoices and manual processing continues to hamper many organizations accounts payable operations, keeping supplier’s in the dark and failing to give finance the visibility they need to actively manage the company’s cash position. With some automation around vendor payment information and 3 way matching let us help you drive savings through discount capture, penalty avoidance and lower labor costs while improving the speed at which your team can access payables related information.
Source to Settle and Order to Cash Process MapBob Solomon
For every Source to Settle process at a buyer's company, there is an equal and opposite Order to Cash process at a supplier's company. Interweaving and automating this interaction on both sides is the only way to remove costs from the process, rather than just shifting the burden from one "side" to another.
How to avoid the single point of project failure and reach 80% electronic inv...sharedserviceslink.com
This session was presented at '15 Secrets to Shared Services Success" conference organised by sharedserviceslink.com.
To find out more about forthcoming conferences check http://www.sharedserviceslink.com
State of today's telecom billing and back-office. Presented by TimelyBill's Director of Sales, Luke Crissy, to the attendees at the CSI User Conference, in San Diego, CA.
We make VAT Reporting in GCC countries very easy. Read our free VAT guide for a step-by-step walkthrough of how to use Tax reporting tool by Azdan to solve the Value Added Tax in GCC countries.
Save Time and Resources - Fully Automate Intercompany Process End to EndVineeth Mylapur
Does your Intercompany process (from entries to settlements) manual? Are your Accountants, Accounts Payable, Treasury and Tax teams facing difficulties to finish the process on time? Do you want to save time and resources by automating the Intercompany process end to end? If you are facing these problems then join this session to learn how you can help your organization to completely automate the Intercompany process by extending the standard Advance Global Intercompany System features to automate the Intercompany entries, approvals, Invoicing, accounting, reconciliation, netting and settlements.
Objective 1: Discuss the business use cases and limitations of standard Advance Global Intercompany System (AGIS).
Objective 2: Learn how you can automate the AGIS entry process for each business use case.
Objective 3: Discover the enhancements and configurations are required for automating the Intercompany process end to end.
Objective 4: Learn how to automatically create Intercompany Invoices (in AR & AP), accounting and reconciliation of the transactions.
Objective 5: Learn how you can automate the netting process and perform cash settlements for the Intercompany transactions between legal entities as per region specific regulations.
TimelyBill is a SaaS based solution for communications service providers and subscription billers. TimelyBill enables companies to introduce products, generate invoices, collect payments, offer bundles, share profit with partners, detect fraud and many other revenue related functions.
The contract does not define period. User is required to select transactions in a given date range that may happen to be 10 days, 1 month, 2 months. System will aggregate all transactions and apply rates as per contract
Once a transaction document is billed, it can not be billed again. Exception is in case of BA where same docket can be billed separately for booking and delivery BA
NCET Tech Bite - March 2015 - QuickBooks - Marie GibsonArchersan
Marie Gibson of Gibson, Gale & Associates discusses the power of QuickBooks. She points out the common QuickBooks mistakes made by new users that affect their reports’ integrity and how to prevent them. She also focuses on the use of financial reports in managerial decision-making.
Accounts Payable Automation - man vs machineOpusCapita
There are no shortages of examples how process automation can drive cost reduction through lowered headcount - but headcount reduction is not always possible, nor always the goal. In this webinar, we wanted to look at the ways in which digitalization can positively impact key stakeholders in the invoice handling process.
Many individual process steps can be automated and there is no reason not to automate basic and/or repetitive tasks. But what happens when you do? What does it mean for your team in Accounts Payable? How do the cost center owners benefit and how has digitalization changed how they operate? It’s essential to see the human impact of these solutions in order to understand the full value of digital transformation. It’s not all about lowering transaction costs or invoice cycle times.
In this webinar we will discuss:
What is invoice automation
Who are the key stakeholders
The impact of digitalization
New opportunities
How RPA improves financial KPIs - DocProcessDocProcess
DocProcess is a cloud finance and accounting automation solution based on Robotic Process Automation and eInvoicing. Designed for enterprises, SSCs and BPOs. Our solution, DocXchange helps companies automate their Accounts Payable and Accounts Receivable operations with robots in the cloud (RaaS).
PayStream Advisor’s latest global survey shows that a large number of companies lag behind in their goals to adopt electronic invoicing. Supplier resistance to pay for electronic invoicing ranked as one of the primary reason organizations are unable to use electronic invoicing.
With highest supplier onboarding rates in the industry, Tradeshift’s free online invoicing solutions for suppliers is revolutionizing global e-invoicing adoption. Join Tradeshift Head of Sales – EU, Alasdair McKenzie to discuss how Tradeshift can help your department lower operational costs and increase ROI by instantly onboarding your suppliers.
If you work in Finance, AP or Shared Services you won’t want to miss this webinar!
Learn:
- How to maximize AP, finance and Shared Services efficiency
- Lower operating costs
- Be a part of a highly interactive Q&A
- Get answers to all of your questions
Using E-Commerce to Integrate Your Collaborative Business Transactions - SID ...SAP Ariba
Leading suppliers are using B2B e-commerce to automate business collaboration and coordinate with customers. E-commerce enables suppliers to reduce costs associated with manual keying of documents; increase customer satisfaction with faster, more-accurate response rates to purchase orders; and achieve cleaner, more-accurate invoices. Hear this panel of leading suppliers discuss how suppliers can leverage the various transactional and integration options available on Ariba Network.
How to manage complex purchasing categories in e-procurement?OpusCapita
Martin Casserdahl, Director, P2P Presales and Consulting at OpusCapita will draw from his experience and discuss how more complex categories such as services can be successfully incorporated into an e-procurement system. He will also cover the common mistakes to avoid.
5 Key Metrics that will Empower Your AP Organization
Document
The most vulnerable area of accounting in any company is the outflow of cash resources – the accounts payable function. Learn which KPIs you need to measure and how to improve them.
AP Automation makes them easy to track.
Miraculous accounts payable(ap) process improvement ideasInvoicera Tondon
In this highly competitive business environment, you need to be aware of account payable process mistakes and the steps that you can take to improve them.
How can you use free e-invoicing for your suppliers to realise a speedy ROI f...sharedserviceslink.com
So you are looking to lessen the burden of handling invoices, reduce your transactional costs and improve supplier relationships with e-invoicing? In the current financial climate, most companies are looking for a quicker ROI than ever when investing in e-invoicing.
One way to achieve this is to have a new way to onboard your suppliers. In this presentation from The Accounts Payable Tech Summit 2011 given by Nick Wood, Corporate Director at NHS Anglia Support Partnership (ASP), shares how the Tradeshift solution is helping Anglia Support Partnership:
• Onboard 70% of suppliers with a winning ‘free e-invoicing for suppliers’ business case
• Target smaller suppliers who need more validation
• Significantly reduce the cost-per-transaction in AP
Procurement & IT are partners in Source-to-PayOpusCapita
This webinar explores specific elements of this unique and valuable relationship. Join the webinar and join a discussion as we introduce topics like:
e-Procurement solution evaluation
Systems integration
MRO (Materials, Repairs & Operations)
Security and stability
Supplier catalog management
Supplier information management
We know from experience that some organizations have more complex requirements than others. When planning to modernise your MRO process, integration is vital and IT a key stakeholder. For companies looking to leverage external catalogs or marketplaces in their content strategy, do you need IT to support you? How about effective supplier information management?
Azure - a secure platform for source-to-payOpusCapita
If we know anything about IT, it’s that they don’t appreciate additional work, additional security risk or duplicate efforts. Trust us when we say, we are with you! That’s why we’ve partnered with Microsoft and built our solutions on the Azure platform.
In this webinar we want to introduce you to Azure’s security features, plus audit tools for data centers, specific security tools for customers and of course, the ease-of-use that Azure AD offers OpusCapita customers.
Our goal in this webinar is to give you an introduction to OpusCapita and Azure and reduce or eliminate any fear you might have when adopting SaaS solutions. Spoiler alert - with source-to-pay on Azure, you still have full control over your vpn connections and user management.
Building best practices into your e-procurement process is only possible when you get the basics right. Make sure to attend this webinar and get 2020 started right.
So many people want to know what makes one procurement process better than another. Though we can simplify the answer and say, it’s all about high-quality data, the truth is that great e-procurement relies upon managing the complexity surrounding all those places where data/content live.
So join us as we discuss the key processes and the various complexities which make them challenging. You are welcome to join the conversation and contribute to our best practice thinking around topics like:
Scoping for complexity
Supplier engagement
Keeping quality data current
Supplier catalog management
Performance Measurement
In 2020 we expect to have multiple conversations around this central theme of ‘complexity’ within e-procurement. Join the webinar and be part of the conversation as it evolves.
Source-to-Pay in 2019 - a year in reviewOpusCapita
In order to cover all that happened during 2019, we’ve brought in our Head Procurement & Invoice Automation, Dirk Fischbach. Dirk has been both an architect of the solution and has played a key role in virtually ALL of the largest and most complex customer cases, globally.
In this webinar, Dirk will share his own personal highlights on the following topics:
E-procurement in the Nordics vs DACH regions
Source-to-Pay and evolving customer requirements for key challenge areas - like services procurement
MRO modernization within Procurement
The impact of PEPPOL
The role content strategies in e-procurement play in supporting accounts payable automation
We hope to have an interactive conversation so bring your questions and comments and we can work them into the dialogue.
Ostensibly, the Procurement Department has two mandates: buy what the organization needs to achieve its goals and spend as little as possible along the way. With globalization, disruptive technology and opportunities only becoming available with increasing digitalization, the age-old mantra of the Procurement function is changing.
In this webinar we will rely on the latest market research from IDC to help better understand where procurement departments are seeing their biggest challenges and how digital transformation will shape their development agenda.
We will discuss:
The IDC survey results for Procurement in the Nordics 2020
Key challenges faced by Procurement
The 80-20 rule - is it still relevant?
Direct vs Indirect
How procurement in the Nordics is unique
Every CFO is faced with a near daily onslaught of disruptive technology, competitive pressures, internal process centralization, decentralization, etc. In 45 minutes we will discuss Tami’s experience in 2019 in contrast to his expectations for 2020.
Join the webinar and join the conversation. In this webinar we will cover such topics as:
ERPs - migrating to the cloud
The headaches of divesting
The need for strong customer communications
The role of business networks and e-transitioning
Digitalizing in support of M&A
We are looking forward to an interesting conversation and hopefully an interactive one. Join the conversation and contribute your own experiences and expectations.
Key considerations for IT Departments implementing e-invoicingOpusCapita
Digital transformation coupled with e-invoicing is the new normal for Europe, both private and public sectors. Organizations are making huge investments across procurement and finance functions but why are some companies successful while others aren’t?
There are several things that separate the high performers from the laggards and IT can play a key role in managing finance’s digital transformation, while avoiding some of the common risks. In this webinar, we will cover a range of topics including:
Some of the success factors for digital transformation
Risks to avoid during the implementation e-invoicing and/or PEPPOL
Benefits that can be expected
How to select a vendor
How Procurement Digitalization is Creating Value in the Construction IndustryOpusCapita
Procurement leaders from Ramirent and SATO discuss with OpusCapita, how people, processes and technology are transforming their businesses within a highly non-digital, traditional industry.
Although the future is digital, the present is a mix of suppliers and customers with wide differences in digital maturity. Procurement processes are foundational elements within the larger source-to-pay process and decisions made in procurement have big impacts to the rest of finance and the broader organization.
In this webinar, Rowan Lemley will host a panel discussion with SATO CPO, Yaron Nadbornik and Ramirent Sourcing & Trade Manager, Peter Andréas. Bring your questions and join what looks to be a very interesting conversation.
Who should attend:
You should attend if you are interested in the digitalization of the construction industry. You should also attend if you want to hear how to procurement leaders have navigated the challenges of digital transformation in a highly traditional industry.
Webinar: Achieve 100% e-invoicing and say goodbye to paper forever!OpusCapita
Most large companies (and governments) in Northern Europe have transitioned to e-invoice receiving as a way to improve their accounts payable processes. However, almost none have managed to completely go paper invoice free. Join this webinar and learn from the experts what has worked in the past and how to take advantage of the current, broad shift towards real digitalization.
Who should attend:
You should attend if you’re organization has hit a plateau in your e-invoice % KPI. You should attend if you need some new tips and tricks to use in conversation with your suppliers. You should attend if your organization has plans to become a true digital business and even a small amount of paper invoices is holding you back.
New Technologies and New Futures - a webinar with Tom Jansson, CFO, PostiOpusCapita
Digital transformation impacts all of us - in our personal lives and in business. More and more often, CFOs are key decision makers when it comes to new technology investments.
Tom Jansson, CFO of Posti, Finland, discusses the challenges faced by CFOs as organizations are forced to embrace digital transformation or risk being left behind. What new technologies are being leveraged in Posti today and how does Tom see the next 2-5 years.
You don’t have to be a CFO to contribute to this conversation. Join the webinar, listen to what Tom has to say and offer up your own thoughts. How do you feel about digital transformation? How is your organization poised to make the shift to becoming a true digital business?
Can you imagine 100% e-transition within 6 months?OpusCapita
Transitioning to 100% e-invoicing can be difficult, but it doesn’t have to be. What does it take to get there?
In today’s digital world executives understand that you need a digital strategy to have a competitive business. So why are many of our business processes stuck in the paper age?
We all know the benefits of fully transitioning to electronic invoicing such as lowering costs, reducing errors and reducing your carbon footprint. So why isn’t everyone already doing it? Simple, it’s hard. That’s why in this webinar we want to show you how to create a simple roadmap and make the process easier so that you can fully reap these benefits.
Content strategy for e-Procurement? - You need one!OpusCapita
A well thought through strategy for category / supplier segmentation will drive your content strategy. Coupled with modern e-procurement tools, it is possible for most organizations to achieve close to 100% spend under management.
Webinar: Microsoft & OpusCapita: becoming a digital business - how to succeed!OpusCapita
In this joint webinar with Microsoft Finland we will introduce you to the key issues surrounding the ‘gap’ between winners and losers of digital transformation. We will hear how analysts see the issue and we will offer our own take on what we believe are key considerations.
Mind the EU directive: What does the regulation and format change mean to Nor...OpusCapita
E-invoicing is a hot topic, no question about that. But apparently, it’s also a hot topic when it comes to regulations. Different regions, different sectors they all have different regulations with specific implications on invoice formats. This is why we’ll focus on these two cornerstones in our webinar. Those are key to set up a successful invoicing process and increase account payable and receivable efficiency.
Raise Your Game: Meeting the Changing Expectations in MRO ProcurementOpusCapita
In this webinar, we’ll discuss three current focus areas for MRO professionals globally. We’ll zero in on the key challenges in today’s operating environment and discuss the demands they create for MRO procurement:
How to reduce production downtime
How to support increasing production activity
How new technologies such as RFID, robotics, Artificial Intelligence (AI), Blockchain and 3D printing can help MRO professionals keep up.
10.10.2018 The Shape of Procurement: how technology and the pace of change ar...OpusCapita
The pace of change is picking up speed in procurement departments. Procurement leaders are faced with huge opportunities for transformation, but understanding all the possibilities, technologies, as well as the risks involved can be a challenge. What will the future of procurement look like?
New EU Directive for e-Invoicing – Get up to SpeedOpusCapita
A new EU e-invoicing standard will be obligatory in the public sector in April 2019. In this webinar, we’ll take a look at what does it actually mean – and what it doesn’t mean.
Elektronische Rechnungen - Der aktuelle StandOpusCapita
Nehmen Sie an unserem Webinar teil um zu erfahren wie Sie elektronische Rechnungen nutzen können um nach und nach Ihre Finanz- und Beschaffungsprozesse digitalisieren zu können.
Im Webinar werden wir uns auch der neuesten Empfehlungen des IT Planungsrats in Bezug auf PEPPOL widmen und evaluieren welche Bedeutung dies bei der Einführung vom elektronischen Rechnungsaustausch hat.
Service Procurement - Warum kompliziert wenn es auch einfach gehtOpusCapita
Die Dienstleistungsbeschaffung ist ein Feld, welches grosse Herausforderungen an den Einkauf stellt. In diesem Bereich unterscheiden sich die unterschiedlichen eProcurement Lösungen maßgeblich.
Automate the purchasing process for hands-free procurementOpusCapita
How to free procurement professionals’ time from needless, manual tasks to perform more strategic ones? Join this webinar to discover hands-free procurement and automated buying.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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. 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. NEW NORMAL
The digital transformation is
no longer an option – It´s the
imperative.
NEW TECHNOLOGY
Growing number of disruptive
“next-gen” technology offering
alternatives to legacy
platforms and old processes
by offering a new approach.
Background
10. LONGER LEAD TIMES AND
DELAYED PAYMENTS
INCREASED COST –
HANDLING INVOICES
LACK OF DATA AND
POOR PREDICTABILITY
Common Pain Points In Accounts Payable
15. Purchasing
Order management
Logistics / Receiving
Logistics / Shipping
Payment / AR
Payment / AP
Create /
Send PO
Ordering from Suppliers
Receive
Shipping info
Proof of
Delivery
Receiving goods Paying goods
Receiving Order from Buyer
Receive PO and
create Sales
Order
PIM / Selling
Create Catalogs
Manage PIM data
ERP / eProc /
Requisition
Send Order
Response
Process / Order
RSP
Process
Invoice
Create Payment
Buyer
Supplier
Delivery of
goods to buyer
Process proof
of Delivery
Send Invoice
Receive
Payment
Delivering goods to Buyers Receiving Payment
Buying
Select goods
ORDERTOCASHPURCHASETOPAY
ORDERTOCASHPURCHASETOPAY
Catalog Order Ordrsp Desadv InvoiceRecadv
From Purchase to Pay (P2P) and Order to Cash (O2C)
16. Get rid of
paper
Centralize
Create a
supplier
policy
Working
Capital
Ensure
quality
data
Master
Data
eArchiving
Focus areas for invoice automation
The goal is to move from gradual evolution to innovative business process automation!
17. Analyze to prioritize
• Invoice automation and e-invoicing projects can be very successful if the situation of trading
partners is considered.
• All companies are graded different and have their unique capability to participate.
• What needs to be considered after segmentation on branches and volumes are their
individual ambition and will to participate in combination with the competence and time.
18. Next steps for Invoice automation
ACCOUNTS PAYABLE GAP
ANALYSIS
ERP INTEGRATION &
WORKFLOW
MULTI-CHANNEL E-INVOICING &
BUSINESS NETWORK
• What can we do and how?
• Define operational visibility
• Define which solution
addresses deficiencies
• Review issues of integration
• Review exceptions and rules
• Identify options for quick
resolution
• Enable support for 2-and 3-
way matching
• Mobile and cloud applications
to support real-time access
• Enable PEPPOL eDelivery
• Receive semi-structured data
in extractable PDF´s
• Invoice Key in, OrderFlip
• EDI integration when there´s a
need for more message types
than Catalog, Order, Invoice
19. Organizations can have a broader goal than just optimizing invoice processes.
Automation and optimization of the invoice process usually represent only
1/3 of the total potential.
Complete purchasing and payment process can be brought to the fore in the
coming years.
Companies that want to optimize the entire purchasing and payment cycle intend
to replace paper processes with electronic processes.
They can thus achieve significant savings. Gradual improvements achieved by
replacing paper-based processes are positive, but it is possible to take a
disruptive approach and thereby improve the entire financial supply chain
by many factors.
Experience shows that often + 30% of the sub-processes can be removed
without losing anything substantial.
Monolithic systems can be replaced by cloud services on a modular basis.
The costs can be significantly reduced and the organizations that follow this
strategy can become more flexible.
Your checklist for automating business
processes with disruptive innovation
20. Maximizing on-contract spend requires effective
catalog management. With OpusCapita Online
Product Catalog, all relevant products or services
can be made available to your organization at
agreed terms.
AR-matching modules enables the set up matching
processes and rules for matching process and
enrichment of material with additional information to
the matching process. All automatic matching is based
on pre-defined rules
Rules-based automation (invoice to order matching)
and the use of machine learning, is maximizing
automation rates within a controlled process.
Workflows, easily managed with a visualizer that not
only provides visibility into the whole process but
gives you dynamic control
Cloud-based solutions
Monolithic systems replaced by cloud services
24. Goals
• To streamline the process
• Invoices will pass verification, approval,
and payment so quickly that the account
has final information about all purchases
by the end of each month
• Exclude Excel in reporting cash flow and
make it more automated and in real-time
for follow-up and budgeting
• Multi-channel invoice receipt and invoice
management systems in place and
enable smaller "niche providers" to enter
into electronic collaboration
• Reduction of the number of FTEs Globally
needed to process invoices
Challenges
• Global dissemination of operations -
different systems, different countries
• Suppliers with varied opportunities for
cooperation
• Unclear / non-existent processes to
manage collaboration (P2P) with
suppliers
• Legacy from past server-based
environments and earlier attempted e-
invoicing projects
• Non visualized working methods and
processes when it comes to handling
order invoice payment
Jungheinrich - Forklifts and storage systems
25. Jungheinrich
Forklifts and storage systems
Challenges vs solutions
• Improve the process from order to delivery - and
automate the supplier invoice process
• Use rules to automate electronic purchase / vendor
invoices to the corresponding purchase orders
• Process electronic invoices in a single system, a
workflow connected to SAP (ERP).
Invoice Key-In and OrderFlip
Cloud-based service for small suppliers to be part of an EDI collaboration
(Order, Confirmation and Invoice).
B2B Integration (EDI)
Order, Order response and Invoice through the EDI service "point to point“
with medium and large suppliers
Invoice Portal, PO-flip
Cloud-based service for creating and sending electronic invoices to
Jungheinrich to be combined with sending of orders to be flipped into
invoices
Receiving eInvoice
- via other supplier network and PEPPOL for invoice now and in the next
step Order, Order response.
Digitization
Scanning, Interpreting, Paper Billing Correction In combination with
receiving email from PDF
Invoice management system / workflow incl. payment - invoice
automation, 2 3 4 road matching, analysis, reporting
Supplier onboarding
Cloud-based service to register and onboard suppliers to the various
services incl. support
SaaS
26. The Results
• All purchase invoices are handled electronically in the OpusCapita
Invoice workflow invoice management system
• Invoice receiving via / as eInvoices, PDF by email, OrderFlip and Invoice Key-In
• Invoices are automatically matched to the corresponding purchase order,
after which the electronic invoices are forwarded for verification,
approval, etc., to the SAP Business One System, and sent for payment
• Clear visualized processes in cash flow such as reporting, analysis,
order-to-invoice, a way to unify "onboarding" suppliers for cooperation
Jungheinrich
Forklifts and storage systems
27. Our next webinar is October 9th!
Topic: Implementing Bank Connectivity with Valmet
Thank You!
27
Editor's Notes
Founded 1984, approximately 400 employees, 65m€ in 2017
The digital transformation is no longer an option – It´s the imperative.
Growing number of disruptive “next-gen” technology enters the scene and pave the way to substitute legacy platforms and old solutions and processes by a new approach.
In addition to a powerful market transition within the “invoicing-business” when PEPPOL is driven by authorities mandating the same.
Resulting in B2B companies need to comply and add channels to their invoicing needs.
In order to satisfy your customer´s and your suppliers needs you need to be on top of this “lift and shift”
and create a multichannel invoice solution for your entire supply chain.
Automation is no longer a buzz-word, it´s the reality.
Emerging technologies - blockchain, cloud aggregation platforms, RPA, machine-learning and advanced analytics are the future tools to improve business process automation and resulting in cost-saving compared to the “old” solutions.
We want our Customers to join us in this journey to the ever-expanding network full of possibilities for real-time data to reach trading partners in seconds supported by applications for monitoring and connectivity!
But how?
The global volume of eInvoices (B2B, B2G, B2C) is estimated around 36 billions out of a total of 400 billion (bill/invoice volume). Global growth of 10-20% annually.
eInvoicing become increasingly a cornerstone and pushed by governments/EU directives making it mandatory from 2019 in Europe. Affecting +300 000 public administrations - and will indirect affect +22 million SME companies in Europe.
Public sector in a position to mandate suppliers to send electronic invoices in a structured way.
More than six million electronic invoices and other eProcurement documents are exchanged every month, using the PEPPOL network between over 400 000 companies.
When considered “eInvoice” exchange via email is more popular than EDI/eInvoices – 70% share of ALL electronic invoices are PDF. E-mails are prefered by SME´s and often accepted by larger companies.
Still only 6-7% of all invoices are based on a PO globally, in SE there was 11,4 e-Orders for every 100 invoices in 2015.
Get rid of paper. In most organizations, conventional paper processing is not optimized. Instead of optimizing this function work with alternative methods (eInvoicing, portals, EDI) and set conventional paper processing as the very last resource to use.
Centralize. Invoices are often received decentrally by many departments, even on a country level – Centralize, centralize to one receiving point and let the Data be shared later in the process
Create a supplier policy – Ex. Data are validated and matched with related documents manually - this is time-consuming and costly – in order to decrease this use do a supplier segmentation and invite your suppliers into solutions more suitable for your (their) needs i.e. the exchange of Orders and Invoices or even Catalogs (eProcurement)
Working Capital improvements - Cash managers do not have an overview of all invoices in the workflow and therefore only have limited opportunities to improve the working capital – by bringing visibility into the system by a digitizing journey you´ll have more power in managing the working capital and reduce the need of alternative actions.
Ensure high data quality – Ex. Delayed payments are often caused as invoice errors are detected very late during the processing cycle. By changing how invoices are handled (i.e. from unstructured or semi-structured data to structured data) the potential of discounts are handled, and the DSO gets healthier for both sending and receiving of invoices
Master Data - Automate master data update and leave the manual processes. Look for master data management resulting in lower trading partner administration costs.
eArchive - For archiving paper invoices, a great deal of space is required. It is also costly to retrieve paper invoices in the event of audits or queries – meanwhile can the archiving of electronical documents require a heavy load on IT – Look into an eArchive solution incorporated into your solution.
Considering, replacing monolithic systems by cloud services on a modular basis. (i.e. invoice management systems, payment systems, matching system and eProcurement systems)
Review and define gaps in your Accounts Payable processes.
Level of automation due to integration challenges (What can we do, when and how)
Level of operational visibility into AP processes
Select solution(s) including workflow that addresses process deficiencies (i.e. space between the invoice automation solution itself and the business systems of record (i.e., ERP).
Take a close look at the level and quality of integration and its impact on your operations.
Commit to a culture emphasizing improved supplier relationships
- Define a structure and process how to handle existing and new suppliers, incorporate “purchase” and IT.
Strengthen the integration towards your ERP and / or Implement a robust workflow
Est. 8 out of 10 (or 82%) of all invoices will have at least one exception or typically 20-30% of all invoices have to be treated as exceptions in one form or another, resulting in very high processing costs.
Go-through your exceptions and rules to enable a hazzle-free invoice workflow
Identify exceptions and checks and enable them for quick resolution of exceptions with little to no manual intervention
Look over invoice processing rules support
Enable support for 2-and 3-way matching
Supporting visibility for faster processing
Enable capture of early payment discounts
Mobile and cloud applications to support real-time access to invoices and related documents — on any device, any location – to speed up approvals
As part of AP/AR transformation, organizations should look for the support of a multi landscape / channels solution enabling suppliers to self-service portals such as “invoice-key-in solution” or “OrderFlip solution” in parallel to eInvoicing solution and EDI.
eInvoicing solution as a “package” of format dependent on your locality
Enable yourselves as a receiver within the PEPPOL eDelivery for receiving of PEPPOL BIS3
Receive semi-structured data in extractable PDF´s by email in combination with OCR-recognition of images (TIFF)
Invoice Key in, OrderFlip i.e. applications for small suppliers
EDI integration when there´s a need for more message types than Catalog, Order, Invoice i.e. integration for you largest and most important suppliers
Still supported, but maybe not “visible” for all – Invoice Scanning / Digitizing
Invest in an onboarding tool for suppliers that automates invitations and campaigning to your preferred channels but also taking into consideration your suppliers' capability - This can provide a better customer experience for suppliers while simultaneously cutting the cost of supplier management.
Ensure compliancy to legislation (in Europe, North America, Pacific etc.) by including this as a requirement from your supplier.
Master data capability - The unique identification of trading partners based on compliant master data is a prerequisite for automated e-invoicing. True e-invoicing paves the way for real-time or near real-time data validation.
The earlier an incorrect invoice is rejected, the sooner a new one can be sent. As a result of the improved invoice accuracy, the approval and processing time can be reduced significantly. The DSO can in most cases be shortened by several days .
Dispute handling can be conducted in a more structured way by using the same electronic communication channel. As a result the trading partner administration costs can be reduced substantially