Order2Cash Newsletter December 2020 - Order2Cash

Upcoming webinar: 2021 and the 3C’s of e-Invoicing

Wednesday, 16 December at 10:00 AM CET

 

Join our webinar

 

Why governments across the continent are continuing to push for e-Invoicing mandates amid economic uncertainty.

After a year of disruption, it’s time to ask, what lies ahead for e-Invoicing across Europe and beyond? As companies worldwide are still reeling from months of market and operational pressure brought on by the COVID-19 pandemic we ask, are they better prepared to meet the challenges 2021 will bring?

The global e-Invoicing landscape continues to evolve rapidly and governments across Europe are stepping up their plans to mandate e-Invoicing for all B2G and B2B transactions. As this year’s dramatic market developments have shown, there is an urgent need for businesses to establish paperless supply-chain processes, in order to accelerate payments and avoid the delays to invoice processing caused by remote working and the logistical handling of paper documents.

Join us for our webinar on Wednesday, 16 December at 10:00 AM CET where we will discuss:

  • The 3C’s of e-Invoicing: A tale of clearance, compliance and further complexity.
  • The current state-of play: Examining the European e-Invoicing landscape in 2021.
  • The importance of the clearance model: Why the performance of Italy’s mandate may cause further disruption across the continent
  • How to navigate this landscape and get ahead of your mandates. What to look for in an e-Invoicing solution and service provider

Reserve your seat

The latest global e-Invoicing compliance news

We have witnessed postponements to some e-Invoicing mandate projects in 2020,in countries like Poland, Portugal and Vietnam but we are expecting to see further disruption and continued change throughout 2021.

We’ve wrapped up our current findings into a list of e-Invoicing mandates that have been activated this year and those that are due to appear in the coming year or so.

Read the full 2021 and outlook in detail here

Order2Cash becomes an accredited Access Point Provider in Singapore

Order2Cash has been officially accredited as an approved Access Point Provider  for Singapore’s PEPPOL Authority, IMDA. Singapore is the first country in Asia, and the first outside of Europe, to establish a PEPPOL Authority. With this accreditation, we are now able to provide the connectivity that allows businesses to send and receive e-Invoicing to and from any company in Singapore. This is another example of Order2Cash’s investment in building the world’s most extensive interoperability network. If you would like to know more about our interoperability network and which channels we’re working towards adding in the near future, then feel free to get in touch!

Global B2G e-Invoicing compliance map

View our interactive map of global e-Invoicing mandates. Use this handy orienteering and reference tool to find the pertinent information affecting your applicable business markets in seconds.

VIEW THE MAP

Some food for thought: News and insights from Order2Cash

B2B Payments Innovation Report 2020

As many firms adapt to a new work-from-home setup, the great digital shift to AR automation is gaining particular urgency. According to the recent B2B Payments Innovation Report conducted by PYMNTS and American Express, more than 83% of firms have now changed to more automated AR processes since the COVID-19 pandemic, 70% of businessesare planning to automate their AR processes to unlock potential cost savings, and 64% of firms are shifting away from paper invoices.

Read the full article

Finance: The overlooked customer touchpoint

The CFO: A chameleon in the boardroom

Order2Cash has been working closely with CEOs and Finance Leaders in many of the world’s largest companies for close to two decades. We’ve seen many interesting development especially in terms of staffing and role development. The prime example of this is the CFO, a role which has seen some of the biggest changes of all senior management roles in recent years. We examine the main reasons for this transformation and why the modern CFO is integral to the long term vision and success of an organization.

Read the full article

We’re hiring!

Based in the Netherlands and Poland, we have an international team that’s dedicated to helping business transform their Order to Cash processes and improve their Accounts Receivable performance. Join us!