Environmental Cost Of Paper Based Invoice Processing

We live in a world that is changing. The global focus on reducing our environmental impact is growing. The key question in this blog though is, what is the environmental cost of paper based invoice processing? Most organisations will have an understanding of the cost of processing an invoice once they have received it. Some

Does My Company Need Electronic Invoice Software?

  In an effort to digitalise purchase-to-pay processes, many businesses will procure electronic invoice software, but how do you know which software best suits your business or if you even need any at all? In order to establish the need for electronic invoice software, you should start by ensuring you know your current AP processes

AP Automation: How Much Could You Really Save?

  Are you struggling to get your senior management on board with AP automation? Does your CFO start participating in the ‘Bird Box Challenge’ whenever you try to show him your chosen solution? Perhaps this is because you are focusing too much on what the AP automation solution will do, or alleviate, and not enough

What Are The Most Likely Industry 4.0 Trends of 2019?

  During 2018 the news was awash with stories of Industry 4.0 trends. So what can we expect in 2019? Well, I imagine probably more of the same, if truth be told. IoT, 5G, Digitalisation, Smart & Wearable Tech, RPA and Robotics are all likely to claim vast amounts of column space throughout 2019. IoT

What is Metadata and Why Should You Care?

  In the world of digitalisation, the term “Metadata” is used quite often. But what is Metadata? Descriptive strings of data that reference activity or other data Fields of information allowing accurate filtering of data Automated data which cannot be manipulated or changed after creation Why is it of benefit to your organisation? Allows an

Is Making Tax Digital for VAT an Accounts Payable Issue?

  On the 20th November 2018 ITESOFT hosted a webinar focused on the latest legislative change to impact on Accounts Payable, Making Tax Digital for VAT and asking whether this is an Accounts Payable Issue. “Making Tax Digital for VAT requires VAT registered businesses with taxable turnover above the VAT registration threshold to keep records in