E-INVOICING AS A PROJECT – DECISIONS AND SUCCESS FACTORS
Itella Information at the 8th EXPP Summit in Berlin
Insights on Itella Information’s e-services offering and e-invoicing implementations will be provided at the 8th EXPP Summit in Berlin, on September 24-25. Companies interested in e-invoicing assessments may address their inquiries at the open discussion sessions at Itella’s booth. Event participants are also invited to attend the “E-invoicing as part of a contract-to-cash process” presentation held by KONE Corporation, Itella’s guest at EXPP.
Itella Information is a service provider and sponsor at the EXPP Summit. Company representatives will gladly offer indications and details on implementation of e-invoicing to all companies interested in adopting e-invoicing or fine-tuning their current e-invoicing processes.
The event is expected to bring together over 300 experts and end-users from more than 35 countries, to attend round tables and discussions on the topics of e-invoicing, e-billing and e-documents. The event is being organized with the cooperation of Billentis, a company specialized in consultancy and market analyses focusing on e-invoicing and financial outsourcing matters.
As the 2012 “Billentis Report” concludes, paper-based invoice management is getting more expensive and companies all over the world are showing a greater interest in financial supply chain optimization areas. Implementing e-invoicing capabilities is one of these areas and approximately 1.2 million companies in Europe are expected to adopt e-invoicing in 2012.
Automation by electronic invoicing enables companies to achieve rapid cost savings, and secure improved financial processes, as e-invoicing facilitates the business relationships between buying organizations and their suppliers.
When implementing e-invoicing projects, several aspects have to be considered:
- Does the planned process automation allow the company adopting e-invoicing to optimize its financial flow, with the improvements affecting as many suppliers and customers as possible, within the shortest time frame possible?
- Does the executive board understand that value is generated through multiple aspects, and not all of these are directly visible (such as transparency, control etc.)?
- What are the existing and potential technical capabilities and what are the costs related to them (is there a fix value, as it should be)?
- What are that particular company’s success indicators?
In order to present concrete examples of success drivers and challenges in invoicing projects from a customer perspective and make them available to a wider audience, Itella Information has invited KONE to talk about the key facts in the contract-to-cash process. The presentation is scheduled to take place at 14:30 on September 24th, in Stream C.
The Summit’s full agenda and general information are available online: www.expp-summit.com.
Business Development Director for E-Services
+35 85 03 86 62 33
heikki.pulli (at) itella.com
Head of Communications
+35 85 03 84 31 62
tiina.i.harkonen (at) itella.com
Itella Information provides financial process services and cash flow automation solutions that improve customers’ profitability and agility, and facilitate their transition to the e-world. The services cover all aspects of financial management: from purchase order to payment and from sales order to management of incoming cash flows, plus a full range of accounting and payroll services. With benefits of scale, automated processes
and best practices, the company manages its customers’ financial processes in an efficient, professional and flexible manner.
Itella Information operates in 11 European countries and has an extensive global partner network. The company employs more than 2,200 people and the 2011 turnover was EUR 273.7 million. Itella Information is part of the Itella Group.