Opinion paper by AdValvas […]
Opinion paper by
AdValvas Europe and Clearstream services have a SaaS offering for e-Invoicing and e-Archiving services since 2007. This whitepaper is here to explain the different key elements that will drive a dematerialization strategy, where an inbound our outbound document flow is combined with an electronic archive.
e-Invoicing is different than plain old EDI
e-Invoicing is not new. In for example manufacturing and distribution, EDI has been there for many decades. However, the process was limited to organizations that have a well structured procurement relation where long term benefits were reached after a complex setup effort. What is new is the fact that companies not planning to align their internal processes are exchanging electronic documents. Driving factor is not the logistic operational excellence but focus is on financial process efficiency and cost cutting.