23 March 2018
Bo Harald

Good for society at large

Bo Harald - ZEF, Transmeri, Demos, Real Time Economy Program

356Posts 1,368,856Views 263Comments
Innovation in Financial Services

Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.

Final report - roadmap to paradigmatic platform

10 December 2009  |  6291 views  |  0

It took some time - 26 full days of meetings and countless telephone conferences to get this report  in place.

But it was time well spent as the iteration rounds unified the opinions, fully supported the EU VAT directive for equal treatment of paper and e-invoices and above all underlined the fact that EU cannot afford to delay the migration - so much productivity is at stake - and so steep will the decline in workforce be in the coming years. The report will be out for public consultation and I do not expect any real objections (very few insist on mandatory e-signatures these days).

When looking further all this becomes even more clear that the benefits are massive. The paradigmatic platform formed by keeping invoice information in structured form allows easy automation of virtually all administrative processes!

But first the platform by:

1. widely offering servicebased low-cost tools for every SME

2. setting deadlines for incoming paper and unstructured PDFs to be set right away

3. charge transparently for outgoing costly paper invoices

4. public sector to move among the first - no right to waste tax payers money in manual processes

Final Report TagsPost-trade & ops

Comments: (0)

Comment on this story (membership required)

Latest posts from Bo

Learn once - use everywhere - huge lever

13 March 2018  |  4142 views  |  0 comments | recomends Recommends 0 TagsMobile & onlineInnovationGroupDigital Banking Trends

Do not fall in love with the solution..

31 January 2018  |  4514 views  |  1 comments | recomends Recommends 0 TagsArtificial IntelligenceInnovationGroupDigital Banking Trends

Finland 100 years

09 December 2017  |  5602 views  |  0 comments | recomends Recommends 0 TagsRetail bankingInnovationGroupDisruption in Retail Banking

Impact evaluation - much to do

04 December 2017  |  3258 views  |  0 comments | recomends Recommends 0 TagsRisk & regulationInnovationGroupFinancial Services Regulation

Bo's profile

job title Chairman/Founding member
location Helsinki Region
member since 2008
Summary profile See full profile »
Independent advisor and board professional

Bo's expertise

Member since 2008
353 posts263 comments

Who's commenting on Bo's posts

John Bullard