Aimed at business and technology leaders, this webinar will illustrate how best-in-class companies that invest in e-Procurement, e-Invoicing and B2B cloud services have seamlessly connected with their business partners across global physical and financial supply chains to boost their competitiveness and in doing so have created a platform for bottom-line growth into new markets.
In an increasingly diverse global business landscape companies recognise that “being easy to do business with” is a prerequisite for customer satisfaction and growth. So why is it that 50% of the information exchanged between business partners remains a largely manual process via fax, post, email and phone? Globally, just 5% of invoices exchanged today are electronic.
Recent studies show that automating the physical and financial transactions across the order-to-cash and order-to-pay process, inclusive of Procurement, Finance and Supply Chain and other back-office teams, can provide 60-80% savings per transaction. Doing business electronically in the cloud ensures frictionless interactions between business partners, offering savings of 1-2% of your annual revenues.