Guest article by Stephen Carter, Head of e-Invoicing, Basware UK
It is clear that e-invoicing is an essential part of an efficient financial supply chain. But it isn’t simply a matter of sellers emailing invoices to buyers as PDFs – it’s far more. The real public sector savings come from the removal of paper and PDFs from the whole process – from ordering through to invoice capture and processing, approval and posting – even payments. This is an important distinction to make, especially if the UK public sector are to achieve the estimated £2bn in cashable efficiency savings.