E-invoicing seen from the users perspective

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "E-invoicing seen from the users perspective"

Transcription

1 E-invoicing seen from the users perspective Statements from the public sector Reduced bookkeeping resources by 50 per cent Today there is no doubt that we manage invoices more efficiently. The entire process has been digitalised, and this makes our work much smoother. After introducing e-invoicing we have been able to reduce bookkeeping resources by 50 per cent. We are very spread out geographically and e-invoicing means that we no longer have to send invoices back and forth by post. This is a huge advantage as we receive about 6,000 invoices every year. We would like to digitalise more of our administrative work processes, and we see e-invoicing as an important step in the right direction. - Anne Lund, the Danish Coastal Authority Faster and better handling of 80,000 invoices a year In general, e-invoicing has enabled us to manage invoices more rapidly and far more efficiently. Now we don t have to open letters, send internal envelopes from pillar to post, and spend time on filing. Every year we receive 80,000 invoices and getting this amount of paper into ring binders so that we can find an invoice later is a challenge in itself! It took ten minutes to process an invoice under the old system, and now it is much faster. And furthermore we have used our experience with e-invoicing to look at the whole procurement process, which we also hope to digitalise and make more efficient. - Jens Josephsen, Municipality of Gentofte Statements from the private sector Simple and manageable We have changed many of our routines for the way we manage debitors. We have 800 outlets in Denmark, which previously each sent invoices. Now five people deal with things centrally. It is much more simple and manageable than before. Managing each monthly invoice from an outlet cost 2 under the old system; now it costs just 1.2. We send 16,000 invoices each month to public-sector clients, so this is a significant saving. Therefore, we hope that more suppliers will send electronic invoices to us in the future. - Karsten Frandsen, COOP Denmark (supermarket chain) No more envelopes, letter paper or stamps Electronic invoicing has saved us loads of time and money. We don t need envelopes, letter paper, or stamps for invoices and this gives us a big saving. Employees who previously had to put invoices in envelopes have now been released for other tasks. We send more than 100 invoices per week, and today this takes just ten minutes. This is much quicker than before. I guess that it cost 1.3 to send an invoice under the old system, now it costs The more enterprises that introduce electronic invoicing, the greater the savings for us. - Maria Birk, Leif M. Jensen A/S (transport company)

2 The next step eprocurement E-invoicing is the first step towards public procurement that is digital from start to finish. This will mean further efficiency benefits for both the public and the private sector. Business-to-business innovation The public-private partnership that e-invoicing in fact is has contributed to promoting digitalisation in the private sector. The initiative is a driving force for private companies who make good use of the advantages that digitalisation can give them in business-to-business transactions. High transferability to other European countries The Danish e-invoicing initiative has a high transformation value to other countries. Most European countries can to some extent make use of our technology and governance. The Swedish review of how e-invoicing could be established in the Swedish public sector recommends the Danish mandatory model. Will become the preferred way of sending an invoice A more thorough test of the technical setup could have prevented some of the initial difficulties that we have encountered. But I do believe that e-invoicing will be to great advantage for small and medium-sized companies once it has been integrated as a standard in invoicing systems. I am also convinced that it will become the preferred way of invoicing business-to-business. Jakob Brandt Danish Federation of Small and Medium-Sized Enterprises A competitive advantage for Danish commerce An efficient public sector plays an important part in determining how well Danish businesses do on a global market. If we succeed in making the most of e-invoicing, it may lead to a more efficient private sector. The Confederation of Danish Industries has no doubts that in the long run e-invoicing could be a competitive advantage for Danish commerce. Gitte Bengtsson, Vice President Confederation of Danish Industries The Danish Ministry of Finance initiated e-invoicing in Denmark. In cooperation with Local Government Denmark and Danish Regions, they developed the ideas, and parliament passed the necessary legislation behind e-invoicing in Denmark. E-invoicing supports the Danish national strategy for e-government which aims to create a more effective and coherent public sector. The Agency of Governmental Management, under the Ministry of Finance handles the implementation and ongoing administration of e-invoicing. Visit us at and For further information please contact THE AGENCY OF GOVERNMENTAL MANAGEMENT LANDGREVEN 4 DK-1017 COPENHAGEN C Contactperson Head of Division Thomas Fjeldberg

3 E-invoicing in Denmark higher efficiency in the public sector

4 E-invoicing in Denmark a step into the future Today public institutions in Denmark only accept invoices from suppliers in electronic format. Thus, all public-sector bodies have converted their systems and administrative processes from physical to digital processing of invoices and credit notes. The reform was put into force in February It affects approximately 15 million invoices a year, and applies to the entire public sector, from government ministries to nursery schools. E-invoicing includes every company in Denmark trading goods or services with institutions or other bodies in the Danish public sector. Public procurement covers purchases ranging from a teacher on a school outing booking a boat trip to an IT-department in a ministry placing a large order to buy computer software. Before February 2005 they would get a paper invoice by post that had to be handled by a number of persons in the organisation for approval, entry and filing. Only one person at a time had access to the invoice, and for future reference you had to go and find it in the basement archive. When placing an order today, the employee states the electronic address of the institution, the EAN number. This ensures that the invoice arrives directly into the electronic invoicing system of the institution, and is subsequently approved online via the employee s pc a process that takes minutes. The invoice can be called in a matter of seconds for future reference. This process considerably reduces the processing time for invoices and involves no paper. The compulsory transition ensures a modernisation of the entire payment infrastructure and the old-fashion paper channel has now closed for good. The new system provides security and convenience for the supplier, because all invoices to public-sector customers can be sent in a single, standard format. Furthermore, it enables the individual public institution to begin the digitalisation of all internal work processes and systems immediately. The public sector in Denmark aims to improve efficiency, and digitalisation including e-invoicing supports this. The strategy behind digitalisation is that investments must pay off, which means that digitalisation projects must either increase the quality of public services (better products, faster case-processing times, fewer errors etc.) and/or supply the same service using fewer resources. The efficiency benefit of the conversion to e-invoicing itself is estimated at about EUR million a year. Part of this saving is earmarked for the national treasury. In addition to this comes significant savings in internal administrative processes. E-invoicing contributes to building a digital infrastructure that will benefit the efficiency of society as a whole, in much the same way that railroads and telephone cables have done in the past. The progress in e-invoicing The table shows the development in the amount of e-invoices received by public institutions in the period from February to October In 2004 KPMG estimated the total number of invoices received annually by Danish public institutions to be 15 million or 1,25 million a month. *In October 2005, 95 per cent of all invoices to public institutions are delivered electronically. There are approximately 300,000 active companies in Denmark, and many of these do business with the public sector.

5 This is how it works All goods and services delivered to public institutions in Denmark must today be invoiced electronically. An electronic invoice is a bill converted to a particular format, which can be read directly by the public sector s accounting systems. This particular format is called an OIOXML electronic invoice and is based on international standards. The infrastructure is made up of a sort of electronic postal service, the VANS network, and an electronic postal address, an EAN number that identifies each public-sector entity. The project is based on proven market solutions, including the VANS infrastructure and the systems that can receive and process e-invoices. The solution is independent of the companies IT sophistication and is highly flexible. Companies can send their invoices in different ways, according to their level of IT readiness: Through an electronic invoicing system, by sending an OIOXML digital invoice directly from their own system to their public-sector customer via the VANS network. Through a digital invoice portal, which resembles an Internet bank where companies compose their invoices using a login and password, and then send it electronically. By sending a paper invoice with an EAN number to a Read-In bureau. Here it is converted to an electronic invoice and forwarded to the correct public institution. This solution ensures that foreign companies and companies without the necessary IT can still do business with the public sector. Our timeline The implementation of electronic invoicing in Denmark has proceeded according to plan. Here is a short overview of the main activities:

6 Our lessons your gain Electronic invoicing illustrates that the public sector can implement a swift overall upgrade in technology, with significant improvements in efficiency, if there is sufficient political commitment and the technology to support it. The main lessons learned are: Regulation by law and backing by parliament is crucial In the case of electronic invoicing, legislation has been crucial in enabling swift conversion of all administrative processes for the parties involved. Also, legislation has provided security in volume of orders for the private suppliers. Leave it to the market Private companies have provided the infrastructure and the local systems to support e-invoices. Thus there is a market and competition but no new major inventions, thereby ensuring that the risk is relatively limited. How fast can technological change be carried out? The entire public sector and all private companies delivering goods and services to the public sector had less than six months to adjust their invoicing systems and procedures to the new standards. In retrospect a longer period of implementation would have been preferable. Don t forget the people side of digitalisation Introducing e-invoicing has mainly focused on getting the technology in place. The people who have to change their work processes are an equally important success factor. Call for a clear vision The project has involved many players, all of whom have contributed to making e-invoicing a success. Communicating with all parties has been a complex task. Communication should be a structural element of the project, and a detailed communication plan at an early stage is a must. A clear vision reduces resistance as it provides the various players with an understanding of why digital conversion is a good idea.

Electronic Invoicing Handbook

Electronic Invoicing Handbook Electronic Invoicing Handbook if you do business with the public sector This handbook answers the following questions: How do I make an electronic invoice? What new information is required on the invoice?

More information

The Danish Story of Public Payment Act

The Danish Story of Public Payment Act The Danish Story of Public Payment Act Lessons Learned Nanna Skovgaard(nas@oes.dk) Head of Department Agency for Governmental Management Ministry of Finance Agenda Agency for Governmental Management Public

More information

efaktura Danske erfaringer

efaktura Danske erfaringer efaktura Danske erfaringer Direktoratet for forvaltning og IKT Klaus Vilstrup Pedersen Seniorrådgiver Avd. for offentlige anskaffelser The process leading to einvoicing October 2003 Ministry of Finance

More information

DI S APPROACH TO. Better Regulation at National and EU level

DI S APPROACH TO. Better Regulation at National and EU level DI S APPROACH TO Better Regulation at National and EU level 1. Introduction Confederation of Danish Industries (DI) regards better regulation as one of the core elements in achieving the goals of the Lisbon

More information

eeurope Awards for egovernment - 2005 Winners, Honourable Mentions and Nominees

eeurope Awards for egovernment - 2005 Winners, Honourable Mentions and Nominees eeurope Awards for egovernment - 2005 Winners, Honourable Mentions and Nominees Enabling egovernment Theme 1: The right environment Creating the best environment to enable government, businesses and citizens

More information

EUROPEAN COMMISSION Enterprise and Industry DG

EUROPEAN COMMISSION Enterprise and Industry DG EUROPEAN COMMISSION Enterprise and Industry DG EUROPEAN COMMISSION Internal Market and Services DG THE EUROPEAN MULTI STAKEHOLDER FORUM ON E-INVOICING: ACHIEVEMENTS AND THE WAY AHEAD Introduction The European

More information

D O C U M E N T E D I T H E A DVA N TAG E S W I T H O U T T H E D R AW B AC K S. Secure emailing of business documents is easy and inexpensive

D O C U M E N T E D I T H E A DVA N TAG E S W I T H O U T T H E D R AW B AC K S. Secure emailing of business documents is easy and inexpensive D O C U M E N T E D I T H E A DVA N TAG E S W I T H O U T T H E D R AW B AC K S Secure emailing of business documents is easy and inexpensive Why waste handling costs, postage and time? If your organization

More information

E-procurement in Denmark

E-procurement in Denmark E-procurement in Denmark The Danish Public Procurement Portal is an electronic marketplace to which both private and public purchasers and their suppliers have access and whose functionality, interface,

More information

eprocurement in South Africa

eprocurement in South Africa eprocurement in South Africa November 2009 Content The Journey Business Requirements Solution Offering The Journey The Integrated Financial Management System IFMS project is the lead phase of a priority

More information

The directive established:

The directive established: e-invoicing The Zanzibar Managed Service and the Government Procurement Card (GPC Visa) enables the implementation of the EU e-invoicing Directive (2001/115/EC) to deliver back-office efficiencies Background

More information

R A I S I N G F U N D S I N SWEDEN

R A I S I N G F U N D S I N SWEDEN R A I S I N G F U N D S I N SWEDEN Raising funds in Sweden Sweden can offer good opportunities and many ways to raise finance for businesses. The costs of establishing a Swedish limited company are low

More information

Developing and implementing e-procurement

Developing and implementing e-procurement Developing and implementing e-procurement Public Procurement in the EU the 2020 Agenda Governments and Public Administration: 5 Major IT Trends e-services: Increasing efficiency and transparency by delivering

More information

Embassy of Ghana Consular Fees Copenhagen Mission

Embassy of Ghana Consular Fees Copenhagen Mission Embassy of Ghana Consular s Copenhagen Mission Visa Application s and Codes A = Standard (Cash payment & Self or Courier Pick-ups) B = Standard + + Postage for C = Standard + Express (Cash payment & Self

More information

PUBLIC PROCUREMENT CONTRACTS

PUBLIC PROCUREMENT CONTRACTS PUBLIC PROCUREMENT CONTRACTS Public authorities conclude contracts to ensure the supply of works and delivery of services. These contracts, concluded in exchange for remuneration with one or more operators,

More information

To establish a single channel for public procurement contracts.

To establish a single channel for public procurement contracts. EXPRESSION OF INTEREST (EOI) FOR RECRUITEMENT OF E-PROCUREMENT APPLICATION MANAGER CONSULTANT (X3) 1.0 Background The Government of Rwanda (GoR) wishes to capitalize on employing the use of the most advanced

More information

Reducing cost and increasing efficiency through expert information management

Reducing cost and increasing efficiency through expert information management Reducing cost and increasing efficiency through expert information management How TSO and Williams Lea can help you to achieve your efficiency targets June 2009 www.tso.co.uk www.williamslea.com TSO is

More information

egovernment initiatives Ulla Kronborg Mazzoli Danish Geodata Agency

egovernment initiatives Ulla Kronborg Mazzoli Danish Geodata Agency egovernment initiatives Ulla Kronborg Mazzoli Danish Geodata Agency Outline egovernment Strategy Basic Data Programme Business Cases The Danish Geodata Agency s road to Open Data Consequences And now what?

More information

Development of a Dainish infrastructure for spatial information (DAISI) Brande-Lavridsen, Hanne; Jensen, Bent Hulegaard

Development of a Dainish infrastructure for spatial information (DAISI) Brande-Lavridsen, Hanne; Jensen, Bent Hulegaard Aalborg Universitet Development of a Dainish infrastructure for spatial information (DAISI) Brande-Lavridsen, Hanne; Jensen, Bent Hulegaard Published in: NORDGI : Nordic Geographic Information Publication

More information

Questions/Answers about NemID, mandatory digital self-service and Digital Post. NemID FAKTAARK HJÆLP TIL KOMMUNIKATIONEN MED BORGEREN

Questions/Answers about NemID, mandatory digital self-service and Digital Post. NemID FAKTAARK HJÆLP TIL KOMMUNIKATIONEN MED BORGEREN Questions/Answers about NemID, mandatory digital self-service and Digital Post NemID What is NemID? NemID is Denmark s common logon solution for public self-service, online banking, etc. Who can get NemID?

More information

Benefits of Supplier Portal

Benefits of Supplier Portal Supplier portal Content 3 Common 4 Benefits of Supplier Portal 5-10 How to make registration 11-22 How to create invoice via Portal 23 Example of the invoice when it s received in Metsä 2 Common Supplier

More information

Implementation of Public e-procurement in Swedish Government Entities

Implementation of Public e-procurement in Swedish Government Entities Proceedings of the International Multiconference on ISBN 978-83-60810-22-4 Computer Science and Information Technology, pp. 315 319 ISSN 1896-7094 Implementation of Public e-procurement in Swedish Government

More information

PROGRAM SCHEDULE. Friday, May 3, 2013 Venue: The Danish Parliament. Saturday, May 4, 2013 Venue: Børsen. Sunday, May 5, 2013

PROGRAM SCHEDULE. Friday, May 3, 2013 Venue: The Danish Parliament. Saturday, May 4, 2013 Venue: Børsen. Sunday, May 5, 2013 THE EUROPEAN TURKISH BUSINESS SUMMIT 2013 COPENHAGEN / MAY 3-5, 2013 GENERAL INFORMATION Organized by DATIFED, in cooperation with UNITEE and DANSK ERHVERV, European and Turkish business professionals

More information

The value of Danish address data:

The value of Danish address data: 7 July 2010 /mli-ebst The value of Danish address data: Social benefits from the 2002 agreement on procuring address data etc. free of charge Summary Addresses play a fundamental role in society. Addresses

More information

Electronic Document Workflow Platform for KBA Customers

Electronic Document Workflow Platform for KBA Customers Electronic Document Workflow Platform for KBA Customers Contents...1 I. Introduction...2 II. What is the point? How does it work?...3 A. Document Workflow System...3 B. Document Circulation Rules...4 C.

More information

Public Sector e-invoicing

Public Sector e-invoicing Public Sector e-invoicing Cutting Costs & Improving Service V8 20141201 Simple Business Case for e-invoicing To process an e-invoice takes a best-in-class organisation² 4 It costs just 4.77* to process

More information

Open Source Software and the Public Sector

Open Source Software and the Public Sector > Open Source Software and the Public Sector This publication can be downloaded from: http://www.itst.dk Published by: The National IT and Telecom Agency The National IT and Telecom Agency Holsteinsgade

More information

e-invoicing to the Public Sector

e-invoicing to the Public Sector e-invoicing to the Public Sector Manual for Invoicing and Submitting Version 2.3 As of: Novembre 3 nd 2015 Contents 1 Starting Point... 4 2 Legal Basis... 5 2.1 European Union Law... 5 2.2 VAT Act (UStG)...

More information

1. Executive Summary. 2. Definitions

1. Executive Summary. 2. Definitions 1. Executive Summary The aim of this strategy is to explain the different facets of e-procurement and clearly set out how Procurement Lincolnshire will approach e-procurement. This document links with

More information

eprocurement in the world the real benefits from an international point of view

eprocurement in the world the real benefits from an international point of view www.peppol.eu eprocurement in the world the real benefits from an international point of view Christian Rupp, Austrian Federal Chancellery Page 2 vertical architecture IT-Business Integration - ICT in

More information

Swedish NAO s audit of Electronic Invoice Handling

Swedish NAO s audit of Electronic Invoice Handling SWEDEN Swedish NAO s audit of Electronic Invoice Handling There is always an increased risk of problems when agencies implement a switch over of important IT Systems. The Swedish NAO reports in their audit

More information

e-invoicing Supplier On-boarding Pack

e-invoicing Supplier On-boarding Pack e-invoicing Supplier On-boarding Pack A straightforward, universal solution What is e-invoicing? E-Invoicing (e-billing) is a web based service that facilitates the secure exchange of information between

More information

SWIFT e-invoicing consultation

SWIFT e-invoicing consultation SWIFT e-invoicing consultation October 2008 Legal Notices Copyright SWIFT 2008. All rights reserved. You may copy this publication within your organisation. Any such copy must include these legal notices.

More information

Innovative Financial Services: more than banking...

Innovative Financial Services: more than banking... Innovative Financial Services: more than banking... 2 The power of banking E D I T O R I A L Wirecard Bank AG combines the best of two worlds: the service and depth of performance of a traditional bank,

More information

Guide to e-commerce. 1. Explanation of e-commerce

Guide to e-commerce. 1. Explanation of e-commerce Guide to e-commerce This guide explains book trade e-commerce, the main types, the business messages, and more detail about the different methods of e-commerce ordering and invoicing 1. Explanation of

More information

e-procurement implementation history and best practices from Lombardy Region

e-procurement implementation history and best practices from Lombardy Region e-procurement implementation history and best practices from Lombardy Region Francesco Gardenal 26/11/2014, Torino ITCILO - ELECTRONIC GOVERNMENT PROCUREMENT MANAGEMENT course A G E N D A Q u i c k f a

More information

Public consultation on Building a Capital Markets Union COM/2015/63 green paper

Public consultation on Building a Capital Markets Union COM/2015/63 green paper Public consultation on Building a Capital Markets Union COM/2015/63 green paper Jelena Soskic European Policy Advisor jso@danskerhverv.dk phone: +32 486 03 04 53 The Danish Chamber of Commerce welcomes

More information

Next Generation Banking Survey

Next Generation Banking Survey Next Generation Banking Survey FINANCIAL SERVICES As the world emerges from what has been described as the greatest crisis in the history of finance capitalism, banks must adapt their business models to

More information

Optimizing Your Accounting Process with Electronic Invoicing. A GXS White Paper for the Active Business

Optimizing Your Accounting Process with Electronic Invoicing. A GXS White Paper for the Active Business Optimizing Your Accounting Process with Electronic Invoicing for the Active Business Competitive pressures continue to force companies worldwide to seek further cost efficiencies and to improve visibility

More information

Best-Practice Automation of Invoice Delivery from ERP Systems

Best-Practice Automation of Invoice Delivery from ERP Systems Best-Practice Automation of Invoice Delivery from ERP Systems Keeping Customers Satisfied While Making the Move www.esker.com Table of Contents Introduction...3 Inefficiencies of Manual Invoicing...4 Document

More information

Four Steps to Invoice Automation. From Manual to a Fully Electronic Purchase-to-Pay Process

Four Steps to Invoice Automation. From Manual to a Fully Electronic Purchase-to-Pay Process Four Steps to Invoice Automation Table of Contents 1 Executive summary 2 Four essential steps when automating invoice processing Step 1 - Audit your current process, set the goals for improvement and start

More information

Keywords: ICT, Telecommunication, Software, E-commerce, Cloud Technology, E-government, Digital Media, Mobile Connectivity.

Keywords: ICT, Telecommunication, Software, E-commerce, Cloud Technology, E-government, Digital Media, Mobile Connectivity. Italy: ICT SECTOR Prepared by Trade Council Italy Keywords: ICT, Telecommunication, Software, E-commerce, Cloud Technology, E-government, Digital Media, Mobile Connectivity. Abstract: Italy has the fourth

More information

Guide to Establishing a Business in Denmark

Guide to Establishing a Business in Denmark Guide to Establishing a Business in Denmark www.investindk.com Contents Introduction: Establishing a Business in Denmark... 2 Key Facts About Setting up a Business in Denmark... 2 Business Activities in

More information

Feasibility study for the Design and Implementation of Demandside Innovation Policy Instruments in Estonia

Feasibility study for the Design and Implementation of Demandside Innovation Policy Instruments in Estonia Feasibility study for the Design and Implementation of Demandside Innovation Policy Instruments in Estonia Case Study on the demand-side elements of the Danish innovation policy mix, the Market Development

More information

Dear Valued Supplier, Schneider Electric Mexico is phasing out paper invoices!

Dear Valued Supplier, Schneider Electric Mexico is phasing out paper invoices! Dear Valued Supplier, Schneider Electric Mexico is phasing out paper invoices! Schneider Electric Mexico has implemented an electronic invoicing (e-invoicing) program which you will be using to submit

More information

Accounts payable automation benefits. Facts and best practices by leading analysts

Accounts payable automation benefits. Facts and best practices by leading analysts Accounts payable automation benefits Facts and best practices by leading analysts Evidence of benefits in accounts payable automation Research-based evidence shows that automation is yet again the way

More information

Electronic Commerce and Document Interchange: EDI Applications in Denmark

Electronic Commerce and Document Interchange: EDI Applications in Denmark Electronic Commerce and Document Interchange: EDI Applications in Denmark Kim Viborg ANDERSEN (1), Niels Bjørn ANDERSEN (1) Niels Christian JUUL (2), Deborah BUNKER (3) (1) CIPS, Department of Informatics,

More information

Converga InvoiceMe (einvoicing) Report 2 of 3. Whitepaper

Converga InvoiceMe (einvoicing) Report 2 of 3. Whitepaper Converga InvoiceMe (einvoicing) Report 2 of 3 Whitepaper This is the second in a three part series of papers from Converga which will outline various issues and benefits which revolve around einvoicing.

More information

Advancing with e-commerce

Advancing with e-commerce Advancing with e-commerce September 2001 A summary of 34 case studies of small business e-commerce ventures. Introduction Early in 2001 the National Office for the Information Economy (NOIE) commissioned

More information

What s new in epayment. Payable Solution for University of Virginia

What s new in epayment. Payable Solution for University of Virginia What s new in epayment Solutions: A Comprehensive Payable Solution for University of Virginia What s new in epayment Solutions: A Comprehensive Payable Solution Terry Butler University of Virginia Assistant

More information

BENEFITS REALISATION THROUGH INTEGRATED GIS AND IT SOLUTIONS

BENEFITS REALISATION THROUGH INTEGRATED GIS AND IT SOLUTIONS 100101010111010100010111110101011010001110000101010101001000011110101010 101010101010101010110101110101101011011101010101101 011110001010101110010 101001110101010111000111010100101010111010100010111110101011010001110000

More information

Nordic Practice and Experience on e-invoicing. Erkki Poutiainen 20 November 2007

Nordic Practice and Experience on e-invoicing. Erkki Poutiainen 20 November 2007 Nordic Practice and Experience on e-invoicing Erkki Poutiainen 20 November 2007 E-invoicing challenges Country A Invoice Issuer (Supplier/Seller) This works already today well inside many single countries

More information

AGENDA. 1. The Journey of the Digital Letter Box (called Digital Post)

AGENDA. 1. The Journey of the Digital Letter Box (called Digital Post) AGENDA 1. The Journey of the Digital Letter Box (called Digital Post) a) The aim: Bringing an end to the piles of paper to the benefit of both authorities, citizens and businesses, including less spending

More information

E-Invoicing, Digital Signatures and Document Archiving Legislations and solutions EU LaserNet Whitepaper

E-Invoicing, Digital Signatures and Document Archiving Legislations and solutions EU LaserNet Whitepaper E-Invoicing, Digital Signatures and Document Archiving Legislations and solutions EU LaserNet Whitepaper This whitepaper is based on common legislations and sources. These are subject to change. Version

More information

Evaluation of the Iceland State Financial and Human Resource System REPORT OF THE INDIVIDUAL EVALUATOR. Annex 1 ARRANGEMENTS IN OTHER COUNTRIES

Evaluation of the Iceland State Financial and Human Resource System REPORT OF THE INDIVIDUAL EVALUATOR. Annex 1 ARRANGEMENTS IN OTHER COUNTRIES Evaluation of the Iceland State Financial and Human Resource System REPORT OF THE INDIVIDUAL EVALUATOR Annex 1 ARRANGEMENTS IN OTHER COUNTRIES Introductory remarks The subject of the Evaluation is the

More information

E-INVOICING Action Required: OB10 Registration

E-INVOICING Action Required: OB10 Registration E-INVOICING Action Required: OB10 Registration March 2013 Dear..Sir/Madam, Unilever has taken a strategic decision to encourage all suppliers to migrate towards electronic invoicing. Unilever Europe receives

More information

Dialogue between the Government and stakeholders a crucial factor for improving Business Environment

Dialogue between the Government and stakeholders a crucial factor for improving Business Environment Dialogue between the Government and stakeholders a crucial factor for improving Business Environment Anrijs Matīss Deputy State Secretary Ministry of Economics of the Republic of Latvia Brivibas street

More information

DANISH BOARD OF TECHNOLOGY

DANISH BOARD OF TECHNOLOGY DANISH BOARD OF TECHNOLOGY Open-source software - in e-government Analysis and recommendations drawn up by a working group under the Danish Board of Technology October 2002 1 Contents Foreword... 4 Summary...

More information

Single governmental area enterprise resource planning software, reporting system and self service portal

Single governmental area enterprise resource planning software, reporting system and self service portal Single governmental area enterprise resource planning software, reporting system and self service portal Marek Ilves State Shared Service Centre Head of Economic Software Development Department 08.02.2013

More information

EFFICIENT SUPPLY CHAINS ARE GOOD FOR BRITAIN BUT BUSINESSES NEED PROMPT PAYMENT

EFFICIENT SUPPLY CHAINS ARE GOOD FOR BRITAIN BUT BUSINESSES NEED PROMPT PAYMENT BUSINESS IS GOOD FOR BRITAIN SUPPLY CHAINS EFFICIENT SUPPLY CHAINS ARE GOOD FOR BRITAIN BUT BUSINESSES NEED PROMPT PAYMENT Prompt payment is critical to the functioning of businesses and supply chains.

More information

Statement on G7 Topic Trade and Supply Chain Standards

Statement on G7 Topic Trade and Supply Chain Standards Statement on G7 Topic Trade and Supply Chain Standards Together, the G7 states produce 32 per cent of the global gross domestic product. A large number of companies located in the G7 countries are active

More information

19. august 2014 1. 16.08 Air Journeys. Information meeting, 18 August 2014

19. august 2014 1. 16.08 Air Journeys. Information meeting, 18 August 2014 19. august 2014 1 16.08 Air Journeys Information meeting, 18 August 2014 19. august 2014 2 Agenda 1. Welcome and introduction 2. A few facts about SKI A/S 3. Information about the tender documents 4. Briefing

More information

The strongest ticket and POS solution based on the best financial management system

The strongest ticket and POS solution based on the best financial management system The strongest ticket and POS solution based on the best financial management system Some of our references Future-proof all-in-one solution for your line of business with unlimited options for expansion

More information

SLASHING THE COST OF INVOICE RECONCILIATION WITH 100% GUARANTEED MATCHING AN ARIES CASE STUDY

SLASHING THE COST OF INVOICE RECONCILIATION WITH 100% GUARANTEED MATCHING AN ARIES CASE STUDY SLASHING THE COST OF INVOICE RECONCILIATION WITH 100% GUARANTEED MATCHING AN ARIES CASE STUDY The Client: A consortium of Healthcare organisations in North East England with a purchasing expenditure of

More information

Working capital management 2009 - a survey of Nordic companies

Working capital management 2009 - a survey of Nordic companies Report Working capital management 2009 - a survey of Nordic companies Prepared by Danske Bank and Ernst & Young Introduction The financial crisis and the recession that took speed through the autumn of

More information

THE ADOPTION OF E-INVOICING AT LONDON BOROUGH OF ISLINGTON COUNCIL TUESDAY 16 JUNE, 2015

THE ADOPTION OF E-INVOICING AT LONDON BOROUGH OF ISLINGTON COUNCIL TUESDAY 16 JUNE, 2015 THE ADOPTION OF E-OICING AT LONDON BOROUGH OF ISLINGTON COUNCIL TUESDAY 16 JUNE, 2015 1 TODAY S SPEAKERS Stephen Carter einvoicing COE Basware Bill Cavanagh Payment Services Manager London Borough of Islington

More information

E-invoices. What they are. Different types. Best practices for implementation. R E A D S O F T W H I T E P A P E R

E-invoices. What they are. Different types. Best practices for implementation. R E A D S O F T W H I T E P A P E R R E A D S O F T W H I T E P A P E R E-invoices What they are. Different types. Best practices for implementation. This whitepaper describes different types of e-invoices, discusses what the differences

More information

A case for 100 billion potential savings by solution re-usage

A case for 100 billion potential savings by solution re-usage A case for 100 billion potential savings by solution re-usage Networked Business and Government Something Real for the Lisbon Strategy Finland s EU Presidency Conference in Helsinki 23-24 October, 2006

More information

QuickBooks Accountant 2014

QuickBooks Accountant 2014 QuickBooks Accountant 2014 QuickBooks Accountant the master software for Accountants and Bookkeepers Product Features 3 month email & telephonic support for new users (30 days for upgraders) Get all the

More information

Improving the Public School. overview of reform of standards in the Danish public school (primary and lower secondary education)

Improving the Public School. overview of reform of standards in the Danish public school (primary and lower secondary education) Improving the Public School overview of reform of standards in the Danish public school (primary and lower secondary education) Improving the Public School overview of reform of standards in the Danish

More information

February 2015. Are You Ready for E-invoicing?

February 2015. Are You Ready for E-invoicing? February 2015 Are You Ready for E-invoicing? CONTENT Introduction... 3 1. SME Pain Points...4 2. E-invoicing Market... 5 2.1 European e-invoicing market...5 2.2 U.S. e-invoicing market... 6 3. E-invoicing

More information

Electronic Invoice Adoption Benchmark Report

Electronic Invoice Adoption Benchmark Report Electronic Invoice Adoption Benchmark Report Based on the Results of PayStream s einvoice Survey Q1 2013 Featuring Insights on... Centralized vs. Decentralized AP Operations Underwritten in part by AP

More information

COMMISSION OF THE EUROPEAN COMMUNITIES

COMMISSION OF THE EUROPEAN COMMUNITIES EN EN EN COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 28.11.2008 COM(2008) 798 final COMMUNICATION FROM THE COMMISSION TO THE COUNCIL, THE EUROPEAN PARLIAMENT, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE

More information

Key note speech by Rob Kuipers, SBR Commissioner, on September 8, 2015 at the XBRL conference in Copenhagen, Denmark.

Key note speech by Rob Kuipers, SBR Commissioner, on September 8, 2015 at the XBRL conference in Copenhagen, Denmark. Key note speech by Rob Kuipers, SBR Commissioner, on September 8, 2015 at the XBRL conference in Copenhagen, Denmark. Business reporting in zero clicks Ladies and Gentlemen, It is an honour to be allowed

More information

Delivering information-driven excellence

Delivering information-driven excellence Delivering information-driven excellence UNLOCKING THE BENEFITS OF Multi-domain Master Data Management In a highly competitive, global economy where data is now a core enabler, industry leaders are increasingly

More information

Take control. BancPay. Intelligent Cloud Invoicing.

Take control. BancPay. Intelligent Cloud Invoicing. Take control BancPay. Intelligent Cloud Invoicing. What is BancPay BancPay is an intelligent electronic Cloud service that automates the way invoices are handled. As BancPay operates in the Cloud, you

More information

Electronic invoicing and payment:

Electronic invoicing and payment: Treasury Management Electronic invoicing and payment: Best practices and strategies for recruiting suppliers A Treasury Management White Paper Table of Contents Executive summary... 3 Paper invoicing and

More information

Guide to International Offices

Guide to International Offices Guide to International Offices 1 Introduction to the Guide (DI) has been helping its member companies achieve international success for decades. DI s International Business Development unit offers a number

More information

CMFE. Community TV and digitalisation in the Nordic countries. By Christer Hedërstrom

CMFE. Community TV and digitalisation in the Nordic countries. By Christer Hedërstrom Community TV and digitalisation in the Nordic countries By Christer Hedërstrom Text prepared with occasion of the seminar Community TV and digital transition in Europe, organized by the UNESCO Chair in

More information

Case Study UNI2 Innovative IT-Outsourcing at its best

Case Study UNI2 Innovative IT-Outsourcing at its best Innovative IT-Outsourcing at its best Copyright 2007 - Xware AB. All rights reserved. xtrade is a registered trademark of Xware AB. Version 1.0 2007-05-07 2 (6) Innovative IT-outsourcing at its best By

More information

Mondelēz International entity which issued the PO matches Mondelēz International entity to which you issue your invoice

Mondelēz International entity which issued the PO matches Mondelēz International entity to which you issue your invoice How to get your invoice paid on time? Truth is we want the same thing you do to process your invoices smoothly and pay on time. Reaching this goal requires contribution from all parties involved in ordering

More information

HDX/ICC EasyEDI: Frequently Asked Questions

HDX/ICC EasyEDI: Frequently Asked Questions HDX/ICC EasyEDI: Frequently Asked Questions Including: What is EDI? What Are The Benefits Of EDI? How Does EDI Work? What is an EDI Network or VAN? Is HDX a VAN? Does My Business System Support HDX Services

More information

Dear Valued Supplier, Re: Motorola Solutions is phasing out paper invoices AND paper checks!

Dear Valued Supplier, Re: Motorola Solutions is phasing out paper invoices AND paper checks! Dear Valued Supplier, Re: Motorola Solutions is phasing out paper invoices AND paper checks! As part of Motorola Solutions ongoing process to continuously improve quality, efficiency and service, Motorola

More information

ECOM EDELIVER An EffECtIVE push solution for transactional COMMunICAtIOns

ECOM EDELIVER An EffECtIVE push solution for transactional COMMunICAtIOns ECOM EDELIVER An effective push solution for transactional communications THE IMPORTANCE OF MULTICHANNEL Rising postal costs and changes in customer demands are encouraging organisations to implement a

More information

Shared data - many users Danish Natural Environment Portal by/ Jens Jakob Nørtved Bork, Enterprise Architect. 5. februar 2013 Miljoeportal.

Shared data - many users Danish Natural Environment Portal by/ Jens Jakob Nørtved Bork, Enterprise Architect. 5. februar 2013 Miljoeportal. Shared data - many users Danish Natural Environment Portal by/ Jens Jakob Nørtved Bork, Enterprise Architect 5. februar 2013 Miljoeportal.dk 1 What is Danish Natural Environment Portal? Containers of shared

More information

e-procurement Brief 17 Public Procurement August 2011

e-procurement Brief 17 Public Procurement August 2011 Brief 17 August 2011 Public Procurement e-procurement C O N T E N T S What is e-procurement? Why use e-procurement? Examples of savings and improvements How the Directive supports and encourages e-procurement

More information

Building a Business Case for Procure-to-Pay

Building a Business Case for Procure-to-Pay Building a Business Case for Procure-to-Pay Building a Business Case for Procure-to-Pay 1. Introduction Becoming that well-equipped procurement and supply management organization means recruiting the right

More information

ELECTRONIC SIGNATURES FACTSHEET

ELECTRONIC SIGNATURES FACTSHEET ELECTRONIC SIGNATURES FACTSHEET Electronic signatures mean that you can exchange information with others electronically and securely safe in the knowledge that everyone is who they claim to be and that

More information

Report of a Peer Learning Activity held in Copenhagen / Malmö, 7 11 October 2007 Relationships between Teacher Education Institutions and schools

Report of a Peer Learning Activity held in Copenhagen / Malmö, 7 11 October 2007 Relationships between Teacher Education Institutions and schools EUROPEAN COMMISSION Directorate-General for Education and Culture Life Long Learning: policy and programmes School Education; Comenius Education and Training 2010 programme Cluster 'Teachers and Trainers'

More information

www.usp.gv.at AUSTRIAN BUSINESS SERVICE PORTAL

www.usp.gv.at AUSTRIAN BUSINESS SERVICE PORTAL www.usp.gv.at AUSTRIAN BUSINESS SERVICE PORTAL 1 Plenary session 1 PLANNING AND MANAGING THE IMPLEMENTATION OF ONE STOP SHOPS 2 Cutting red tape Initiative Reducing Admin Burden for Businesses (launched

More information

eid/authentication/digital signatures in Denmark

eid/authentication/digital signatures in Denmark eid/authentication/digital signatures in Denmark 8. July 2008 Nikolas Triantafyllidis / Charlotte Jacoby Special Advisors Centre for Digital Signatures National IT- and Telecom Agency Authentication and

More information

Your e-commerce solutions

Your e-commerce solutions Streamline your purchasing Your supplier of choice 2 Web trading 3 Content hosting 7 E-invoicing 9 Contents 1 Additional services 10 Your supplier of choice UK s leading electrical supplies distributor

More information

Using big data in product design. Executive Director Jesper N. Pedersen

Using big data in product design. Executive Director Jesper N. Pedersen Using big data in product design Executive Director Jesper N. Pedersen Agenda The challenge is Big data a Big thing? Danish Innovation approach 1. Product innovation 2. New online services 3. Smart city

More information

Visa Acceptance and Enablement. Bank of America Merchant Services - Supplier Strategy April 2009

Visa Acceptance and Enablement. Bank of America Merchant Services - Supplier Strategy April 2009 Visa Acceptance and Enablement Bank of America Merchant Services - Supplier Strategy April 2009 1 Understanding the Partners Acquiring Bank/Merchant Service Providers Enables suppliers to accept and process

More information

The French Digital Plan for Education

The French Digital Plan for Education The French Digital Plan for Education Since December 2012, the Ministry of National Education, Higher Education and Research has been developing an ambitious strategy to bring schools into the digital

More information

SWEDISH COMPETITION AUTHORITY. Deregulation of the Swedish Electricity Market

SWEDISH COMPETITION AUTHORITY. Deregulation of the Swedish Electricity Market SWEDISH COMPETITION AUTHORITY Deregulation of the Swedish Electricity Market Swedish Competition Authority November 1996 ISSN 1401-8438 Tryckgruppen AB, Stockholm 1996 Contents: 1 Rules for the Swedish

More information

e-procurement and its effect on future audit approach

e-procurement and its effect on future audit approach e-procurement and its effect on future audit approach March 2004 Rigsrevisionen Index Page I. Introduction... 5 II. Introduction to the issue... 5 A. Technical development... 5 B. Development in Europe

More information

Launching and Implementing Electronic Procurement System in Korean Government

Launching and Implementing Electronic Procurement System in Korean Government Launching and Implementing Electronic Procurement System in Korean Government Professor Suk-Won Lee Graduate School of Public Administration Seoul National University Agenda Overview of Procurement in

More information

recurring payments Automate your billing and simplify your checkout

recurring payments Automate your billing and simplify your checkout recurring payments Automate your billing and simplify your checkout id n o. subscription Payments Processing recurring payments are more challenging than processing one-time payments. But we offer a tool

More information

Pay Your Rent Online. Payments Platform Marketing Kit. A variety of convenient and secure online payment options are now available.

Pay Your Rent Online. Payments Platform Marketing Kit. A variety of convenient and secure online payment options are now available. Pay Your Rent Online A variety of convenient and secure online payment options are now available. Payments Platform Marketing Kit PM Overview Online Rent Payment Options For Residents 2 Residents Overview

More information