A Whole World of Electronic Invoicing

(Purchasing Insight, 10 February 2012)

In Brief: Governments across the world are regulating automated billing. Latin America, for instance, is seeing a rapid increase in adoption, pushed mainly by national mandates and standards for digital signatures as well as forms. Check out this map for more insights.

Our View: Shared services organizations in our network are increasingly deploying e-payables software solutions to reduce manual workload in the invoice-to-payment cycle. Factors leading to a successful implementation include 1) commitment from senior management and 2) effective communication to cross-functional business partners on the benefits they will receive from the e-payables solution.