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Whitepaper: PayStream Advisors Global eInvoicing

May 15, 2014

PayStream Advisors and Purchasing Insight launched a global eInvoicing survey to AP, finance and treasury professionals in a wide range of industries. Over 200 responses were analyzed for the creation of the Global eInvoice report.

Some of the key findings of the report include:

  • 60% of respondents report that over 90% of invoices received are paper
  • 56% of respondents report that integration with suppliers is the top eInvoicing challenge
  • 44% of respondents report that internal organizational barriers are an eInvoicing challenge
  • 36% of respondents report that offering suppliers easy to use tools is an eInvoicing challenge

One particularly interesting (and unexpected) insight that the research revealed was that of those whom expressed a desire to move towards eInvoincing, cash management was their main driver. So while eInvoicing brings benefits, the real cost-savings are coming from Cash Management and the automated capture of early payment discounts.

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Whitepaper: PayStream Advisors Dynamic Discount Management
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