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Globys Research

Category: E-Invoicing

#1 barrier to closing books fast

The verdict is in.  Globys research panel points to a lack of remittance data as the primary inhibitor to faster and cheaper B2B payments. Watch this 3 minute clip from a recent webinar to see how today’s manual AR and AP processes are causing a costly disconnect between payments and remittance:     Ready to see the solution?  Learn how Globys allows customers to pay electronically while automating straight-through processing (STP) for you.

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Globys Research 2017 Survey Results: The State of the Digital Invoicing Experience

Although 92% of the 500 billion invoices sent annually are still document based, customers’ attitudes have switched to demanding a truly “digital” invoicing experience. These customers want a digital invoice with data that is easily reported, analyzed, and processed according to their unique accounting needs. In other words, they want a personalized, digital invoicing experience to be able to pay “their” way. And beyond payment functionality, they want their digital invoicing experience to be dynamic and actionable, with functionality for…   MORE

Real-Time Usage: The Data B2B Customers Would Kill For

Everyone loves a surprise – except when it comes to their invoice.  This ‘bill shock’ has been widely addressed on the consumer front with real-time visibility and alerts into usage, but very little has been done to address this need among the business base. Why? Because there’s an incredibly complex maze of products, services, plans, rates, corporate policies, cost structures, and more to factor in.  How do you know what’s relevant to who in order to help them avoid the unexpected?  Or…   MORE

Accelerate Your Invoice to Cash Process with One Simple Change. Guaranteed.

Stop invoicing by order and account and start invoicing by customer. Yes, read it again and let it sink in. It’s not your disconnected billing systems or complex product catalogs delaying your payments. It’s your disconnected orders and account structures that are spilling over into your customer invoicing. The by-order or by-account approach may be the ‘easiest’ way for your billing and accounts receivable to issue invoices and collect payments. But the efficiency of your invoice to cash process is…   MORE

The Future of Invoicing?  It’s Like Google Maps.

In the early 90’s, the only street map available to consumers was a massive, unwieldy multi-fold paper generated by old-school cartographers and geomatics engineers. It certainly wasn’t an interactive experience, unless you count scribbling notations on it or asking a passerby to also view the paper. 1993 brought the debut of services like the Xerox PARC Map Viewer, which began the transition to a digital age.  But even those services were limited, and often static. Fast forward to present day,…   MORE

Breaking the cycle of manual invoice reporting

Did you know that over 70% of invoice reporting is still performed in Excel? Just think – all of the efforts to move your invoicing data to a digital state and you could have stuck with mailing out CD roms. But seriously, why are your enterprise customers continuing to rely on an offline, seemingly archaic application to perform their reporting? Simply stated, because they’re performing manual tasks that Excel makes possible – not efficient – but possible. Although a lot of…   MORE

PAST DUE: Research on DSO Drivers

Wondering if enterprise customers actually read the due date on their invoices? If you’re like most usage-based suppliers, late payments from your largest customers has become the new normal. But with 50%+ of business revenues tied to this segment alone, these past due invoices are having major impacts on financial performance and operations. Finance teams are spending countless hours re-invoicing for outstanding balances. Account teams are tracking down payments instead of new revenue opportunities. And leadership is frustrated with the inability to accurately depict and forecast performance. So…   MORE

Success factors in e-invoicing projects: The six Ps

Billentis just released their 2015 E-Invoicing and E-Billing Report, which serves as a cross-industry resource for market data and analysis to help understand current and future business impacts. It’s filled with a lot of great insights – stating that businesses that use e-billing and invoicing will help achieve savings of up to 80% and predicting that in 2015 alone, 42 billion e-bills and invoices will be issued globally. Reading through the 95 page report (yes, there is a ton of…   MORE

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