I knew great in my days of offering e-invoicing, that if a prospect didn’t know their ‘as-is’ procedure, they were a decent 12 to two years from executing e-invoicing. So don’t skip Step One.

In the event that you don’t have the foggiest idea about your procedure, you presumably don’t know key measurements like your First Time Match Rate. This implies you won’t know how much e-invoicing may help you (and you may have issues in your procedure which require different arrangements, also).

Also, you most likely don’t have the foggiest idea about the genuine cost of your invoicing procedure, and in this way won’t have the capacity to assemble a water-tight business case.


By mapping out your ‘as is’ procedure you will come to get it:

Why solicitations come up short

How e-invoicing can cure issues in your procedure stream

What number of solicitations would be ‘in scope’ should you continue with e-invoicing

What your ‘as-is’ cost is, and the amount it will go around moving to electronic

How long it’s at present taking to process a receipt, and how e-invoicing would lessen the time

How, by lessening the quantity of days, you’re catching of arranged rebates may be positively affected

Stage One is probably going to take you 3 to a half year, yet before its finish you’ll be clearer and more sensible when you put forth your business defense.

Imperatively, knowing your cost-per-exchange is basic for arranging adequately with the supplier you wind up marking.

Stage Two: Know the vision of the organization:

Process change bodes well to partners when it is contextualized against the all-encompassing aspirations of the organization.

This implies it merits requiring the investment to comprehend where the organization needs to be in 6, 12 or two years, and you can extrapolate that aim back to how e-invoicing may quicken or reinforce the acknowledgment of that objective. Set aside the opportunity to lift yourself from the ‘everyday’ and comprehend where the organization is going. (Solicit parcels from questions, and truly tune in to the appropriate responses.) Then you can:

Comprehend and convey the more extensive reason for e-invoicing and position e-invoicing as a key empowering influence for acknowledging objectives

Utilize the dialect of the senior administration to introduce e-invoicing back to them

Move e-invoicing up the need list

This undertaking requires arranging, and a venture of time outside your normal everyday employment, except it will pay off not far off, when your CFO and CPO and CTO (Chief Treasury Officer) see e-invoicing as their single purpose of disappointment.

Stage Three: Get acquirement on board early

This is less demanding for an association where Finance and Procurement are as of now adjusted, as of now share announcing lines and destinations, and work as one group.

In any case, in associations where this ‘joined-upness’ doesn’t exist, it’s basic for Finance to claim the venture, since they get the more prompt picks up, and include Procurement practically as an idea in retrospect. This can murder the task on the spot.

This is to a great extent since e-invoicing is a provider centered program, and despite the fact that Finance, or rather Accounts Payable, pays providers, they are really possessed by Procurement. This implies providers will tune in to Procurement in regards to the e-invoicing venture in the first place, and fund second. So if acquisition are not acquired, or are at all pompous of e-invoicing, your providers will feel this state of mind, and drag their foot sole areas in joining.

This is maybe the way to getting e-invoicing right, thus not entirely obvious as a little detail. It’s definitely not. It will make – or calamitously break – your task.

When working with Procurement, consider the accompanying:

Drivers – why are we doing e-invoicing?

Degree – all providers, receipt sorts, AP exchange sorts, nations?

Arrangement scope – just e-invoicing or a conclusion to end arrangement?

Message – obligatory or discretionary?

Nature of the database – will the comms ‘arrive on the correct work area’?

Signatory – how senior will the signatories be? The CPO and the CFO? (In a perfect world, yes.)

Targets – are Finance and Procurement KPI’d on similar targets?

The rebellious – who will react to the providers that stand up to?

Who will possess the undertaking? Maybe Finance and Procurement together?

Putting time in searching out an association from Procurement right off the bat is principal to an effective undertaking.

Stage Four: Give the undertaking a name

You will probably find that the anonymous activities remain in venture status for quite a while, and seldom move to operational or ‘go live’. This isn’t a fortuitous event.

By giving your e-invoicing venture both a pre-and post-contract name, you:

Give it a character which enables individuals ‘to get it’

Make intrigue and interest (‘what is this Globe venture everybody’s discussing?’)

Maintain a strategic distance from disarray since you’re all discussing a similar thing

Elevate engagement and motivate more prominent passionate connection, particularly, I find, in the event that you avoid the conspicuous like Globe, Probe, e-Procurement Project – every single average name, yet what about something more fun, similar to names of characters from films or fiction? Or, on the other hand having an opposition (with a better than average prize) to concoct the most innovative name?

Stage Five: Know what you’re looking for

What do you need? Is it a best-of-breed e-invoicing arrangement? Is it e-invoicing with dynamic reducing? Is it e-invoicing with work process and steering, or an e-obtainment usefulness for your upstream acquirement process? Do you require it to be VAT agreeable and dialect delicate on the grounds that you are taking off over various nations? What’s more, do you have to utilize their onboarding abilities? (This is constantly prudent.)

Comprehending what you need, and afterward catching these prerequisites in an archive is vital.

You will have:

Business and business necessities

Process necessities

Extension necessities (affecting the legitimate treatment and the dialects upheld)

IT prerequisites (however these are most likely weighted softly, as all e-invoicing arrangements I am aware of are framework freethinker)

Asset or/and timing prerequisites

At that point ensure that the organizations you welcome to react to the RFP all offer comparative ish administrations, so you are not contrasting one arrangement sort against another totally unique arrangement sort keeping in mind the end goal to settle on a choice.

Stage Six: Determine the cost of postponed execution

Evaluating the cost of doing nothing – ‘proceeding according to’, and having this as an every day, week after week, month to month and yearly figure, will help drive a due date.

It’s prudent to assemble this figure with the principle partners, so they all concede to it, and comprehend that, enabling the venture to sneak past a month is really costing the organization X.

Having the every day figure will help drive the pace of the undertaking.

Stage Seven: Follow the prescribed procedures of the supplier

The supplier you wind up choosing will have likely taken off 20 – 100 e-invoicing programs (on the off chance that it is one of the greater suppliers like Tungsten, Ariba, Taulia or Tradeshift). This implies you will be profiting from their experience, which is presently organized, and archived.

A few suppliers swear by their accepted procedures so much that they append a certification to their receipt change.