Billentis 2013 Report
The report “E-Invoicing / E-Billing The Catalyst for AR/AP Automation,” is sponsored by OpenText, and examines the global economic challenges driving e-Invoicing.
Among the highlights in the report are:
- Company investments in electronic invoice processing can be returned within 6 months
- 60-80% savings with e-Invoicing compared to traditional paper invoicing is confirmed within the report
- Supply Chain Finance (SCF), with a $1.3 trillion global market for receivables, offers significant opportunities
- Companies are looking to monetise receivables and payables to provide liquidity within their supply chain