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e-Invoicing: Why Growing Businesses Should Care

E-invoicing improves cash flow. By sending electronic invoices you can save your customers money and they can pay you faster. http://www.basware.no/

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e-Invoicing: Why Growing Businesses Should Care

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  1. E-INVOICING: WHY GROWING BUSINESSES SHOULD CARE GOVERNMENT E-INVOICING MANDATES ARE HERE. ARE YOU READY? The EU and USA have issued directives to mandate B2G e-invoicing by 2018 Governments around the world have or are mandating e‐invoicing policies up to there are more than This will impact over 65% of local enterprises supply the public sector 22 million companies in the EU 100,000 public agencies in the EU alone over 14 companies will need to start e-invoicing Million This almost certainly means you E-INVOICING IS BECOMING BUSINESS-AS-USUAL In 2015 the number of e-invoices globally is expected to be over In the more advanced markets in Europe and South America, annual growth rates are approaching 45 % 42 billion Total e-invoicing volumes are growing by 10-20 % annually Chances are, your customers are already asking for e-invoices E-INVOICING IMPROVES CASH FLOW E-invoicing improves cash flow: • Reduced Days Sales Outstanding • Less time chasing payment • Improved cash flow forecasting • Cost savings of approx. 60% per invoice • Easy access to invoice financing Business networks help you grow: • Find and connect with new customers • Send and receive e-invoices, e-orders, e-catalogs and more • Be easier to do business with • Create, manage and join payment programs By sending electronic invoices, you can save your customers money, and they can pay you faster. A QUICK GUIDE TO E-INVOICE SENDING OPTIONS THERE IS A SOLUTION for every size and type of organization A. NETWORK PORTALS: Sign into a portal and manually key-in invoice data PDF VIA EMAIL: Create a PDF (image+data) of the invoice and then send it by email B. INTEGRATED SOLUTIONS:Direct integration to billing system or ERP for greatest automation C. FIND OUT MORE ABOUT HOW TO GROW YOUR BUSINESS Learn more about Basware Financing Services Learn more about Basware solutions for growing companies Learn more about Basware PDF e-invoice: the easiest way to send e-invoices About Basware Basware is the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services. Basware’s commerce and financing network connects businesses around the globe. As the largest open business network in the world, Basware provides scale and reach for organizations of all sizes, enabling them to grow their business and unlock value across their operations by simplifying and streamlining financial processes. Small and large companies around the world achieve significant cost savings, more flexible payment terms, greater efficiencies and closer relationships with their suppliers. Find out more at www.basware.com Follow Basware on Twitter: @Basware, join the discussion on the Basware LinkedIn, Basware Facebook and Basware Blog and subscribe for the latest news.

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