Blogs

ERP (Enterprise Resource Planning) and EDI (Electronic Data Interchange) are essential technologies that can greatly benefit businesses. Any organisation that depends on an efficient supply chain must have EDI systems and ERP solutions. The ERP system manages records on the back end, whereas EDI facilitates communication with trading partners on the front end. EDI integration […]

Emailing invoices as PDF is the easiest and least expensive way to do paperless accounting and is often used by smaller companies. But there’s a catch: A PDF invoice is not an e-invoice. Electronic invoicing (e-invoicing) is the exchange of computer-readable payables data between finance systems via a standardized data format.  It doesn’t matter if […]

A recent survey shows that over 50% of businesses have experienced email scams targeting their accounts payable departments. To protect against fraudulent invoices and overpayments, it’s crucial to implement a robust invoice approval process that includes three-way matching. What is 3-Way Matching? 3-way matching is a critical step in the procurement process that involves cross-referencing […]

As the digital age continues to evolve, B2B e-commerce is growing rapidly. The impact of COVID-19 in 2020 highlighted the importance of having an online store as a key sales channel. B2B web stores provide many opportunities to expand reach through direct sales while offering manufacturers improved margins and enhanced customer loyalty compared to traditional […]

Manual invoice processing can be a real headache for businesses. The endless hours spent deciphering invoices and extracting important information are time-consuming and increase the risk of human error.  But what if we told you there was a solution to simplify this process? Enter: Invoice Parsers. These powerful tools automate the data extraction process from […]

Are you tired of the tedious process of editing, scraping, or extracting data from PDF files? The Portable Document Format (PDF) may be the go-to file format for sharing and exchanging business data. Still, editing, scraping, or extracting data from PDF files can be a hassle. Imagine the time and effort saved by efficiently extracting […]

Digital transformation is not just about digitizing manual processes. It’s a chance to revolutionize your entire business, create unparalleled customer and partner experiences, boost revenue, and maximize employee productivity. Connected and adaptable IT infrastructure is the foundation of a successful business. For you, as a B2B company, it’s crucial to integrate all your systems and […]

Customer Sales orders are critical to the sustainability and growth of any business. However, manual Sales Order Processing can be time-consuming and error-prone. It can also lead to fulfillment delays, potentially hindering delivery lead times and ultimately leading to poor customer satisfaction and stunting growth. Sales order automation minimizes headaches and streamlines order processing. It […]

Automating Data entry significantly impacts an organization’s efficiency as it drastically improves the sales order management process. With automated data entry, Purchase orders are converted to sales orders automatically, without error. Data entry automation is a powerful modern technology that continues to modernize a range of business processes. Almost any business process that includes the […]

Sales order processing is the steps from purchase to delivery. While sales order processing challenges can vary from business to business and for different industries, the current supply chain crisis has only made the process harder to manage.   Manual sales order processes have become a practice of the past as innovations in automation continuously push […]

PEPPOL, an e-invoicing and e-procurement platform, was implemented in Canada in 2018. It enables firms to send and receive invoices electronically while tracking orders and payments. Peppol is a cloud-based platform that facilitates invoicing and procurement between enterprises and government agencies, altering the old business model. The Peppol platform is founded on an Austrian government […]

The Office of Management and Budget (OMB) of the United States ordered in 2015 that all federal agencies submit electronic invoices for goods and services by the end of 2018. The goal was to cut the expenses of printing, handling, and processing paper invoices. Did you know that the United States was one of the […]

According to the European Commission, over 250,000 EU public authorities spend 14 percent of their GDP (gross domestic product) on purchasing services, works, and supplies each year. As a result, government agencies in various sectors such as energy, healthcare, and education should be considered primary customers. In light of this, European Union authorities have designated […]