Improving the Invoice Management & Supply Chain: European Survey by Crossgate
An organization or business can save 1-2% of its turnover by replacing paper invoices and optimizing the related processes. Due to the legal relevance and the many departments involved in an organization, the invoice is a key item in the automation of the E-Procurement and Financial Supply Chain.
Electronic and automated invoice processes can result in a savings of 60-80% compared to traditional paper based processing. Projects typically result in a payback period of 0.5-1.5 years. This report will give the reader useful information for achieving these results.