COVID-19, among other issues, caused delays in supply chains that disrupted business operations globally. At the same time, the pandemic highlighted the need for digital technology both on a Business-to-Consumer... Read more →
The restrictions imposed by COVID-19 resulted in delays in the supply chain, as well as overall problems in business operations. At the same time, they revealed the need for digital... Read more →
E-invoicing technology allows businesses to send invoices directly between electronic systems, thus enabling quicker payments between vendors and customers. Especially during the pandemic, electronic transactions of all kinds grew significantly,... Read more →
It is now increasingly common for traditional EDI vendors to become obsolete, as more and more businesses tend to adopt cloud EDI solutions. The main reason is that they cannot... Read more →
Given the pandemic emergency, businesses around the world have recognized the need for paperless transactions. They have acknowledged that e-invoicing is the only solution that can meet the current competitive... Read more →
As governments around the world imposed lockdowns for the sake of public health, digital initiatives that were once a low priority for business continuity suddenly became critical, especially for the... Read more →
Businesses around the world continue to rely on EDI, as it is the most effective way to communicate with other parties of the business ecosystem (customers, suppliers, vendors, partners etc.)... Read more →
There may still be many skeptical executives who do not recognize the value of e-invoicing for SMBs (without actually knowing what it is about). But given the disruption that the... Read more →
It is not only EU regulations and national law, but also an increasing number of projects pertaining to digital transformation, which render e-invoicing essential all over the world. Avoiding e-invoicing... Read more →
The introduction of e-invoicing is a topic being discussed since 2000, but even today, a significant number of invoices are still issued in printed format. It is important to convince... Read more →
One of the most common automated processes offered by an EDI solution, is the exchange of POs (purchase orders) and invoices. This process is usually executed as follows: Document preparation... Read more →
Opting for e-invoicing, rather than printed invoices, offers significant benefits and improves business profitability. Let’s take a look at some of the latest challenges and the emerging trends in this... Read more →
EDI can have a significant impact on your business, regardless of your industry. Although it may be quite easy to understand how the electronic transfer of information can be beneficial... Read more →
For any e-invoicing project to be successful, it is important that you take into consideration the abilities of your partners/customers. The less changes you ask them to make, the more... Read more →
Many companies wanting to implement an e-invoicing solution, are faced with the same question: Where do you start from? The principle that good planning ensures the desired results, holds true... Read more →
According to surveys, most businesses still receive and issue most of their invoices in printed format. However, there are many reasons and challenges indicating that e-invoicing will inevitably prevail in... Read more →
Either you’re in the process of assessing EDI or you’re already using an on-premise solution, it is probably time to make the transition to the cloud. And if “cloud” sounds... Read more →
Entering the world of digitalization Technology developments and regulations on e-invoicing, have led to increased adoption rates throughout Europe, although there are still many organizations that have a long way... Read more →
According to research, only 20% of businesses are using automated processes that allow them to efficiently manage their invoice payments. This is partly due to the fact that the selection... Read more →
EDI systems deploy computer-to-computer solutions that allow data exchange directly between information management systems, eliminating the problems of manual tasks, streamlining processes and enhancing security. Let us see how exactly... Read more →
The transition from the traditional way of invoicing to its digital equivalent, is starting to dominate and there are certainly important reasons for this. E-invoicing has ultimately simplified the payment... Read more →
E-Invoicing has been a reality for some years now, but that doesn't mean it has been as well-established as it should have. In practice, the majority of transactions are performed... Read more →
According to research, only 20% of businesses are using automated processes that allow them to efficiently manage their invoice payments. This is partly due to the fact that the selection... Read more →
When considering an e-invoicing project, most businesses are having trouble determining what to begin with. As usual, better planning means more chances to have the best possible results. But, let’s... Read more →
If you want to choose the right e-invoicing solution for your business, there are some crucial features it should include. The features mentioned below are identified as of significant importance... Read more →
Finding the right EDI solution can be considered a complicated process, as one needs to weigh the pros and cons of on-premise and cloud-based systems in order to make the... Read more →
In the past few years, cloud computing has helped many businesses to transform their IT practices. At large, experts agree that the market is already experiencing a second wave of... Read more →
EDI continues to prove its significant business value, by reducing expenses and improving speed, accuracy and effectiveness. But EDI benefits are not just financial ones… In any case, though, let’s... Read more →
In 2015, the total expenditure for cloud services was 30% of the IT budget, while this number is estimated to gradually increase, reaching 47% by 2020. How well prepared is... Read more →
On the one hand, we have all heard stories about deployment cases that required a lot of time and money, but their results were uncertain. On the other hand, EDI... Read more →
Businesses need systems offering quick cooperation and transparency, in order to make sure they can respond to their customers’ demands. EDI, in combination with modern interfaces such as APIs, allows... Read more →
The legal differentiation between printed and electronic invoices has long been abolished. But although e-invoices are not compulsory, they are clearly superior in terms of benefits compared with the traditional... Read more →
The increased complexity of today’s cloud environments is likely to find businesses unprepared, with negative results. Below you may find some interesting points your business should pay attention to, in... Read more →