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Just like payments - in sight

With the establishment of eeSPA http://www.eespa.eu/EESPA%20Press%20Release-2011-12-15.pdf we now have the organization in place to drive towards e-invoicing functioning “Just-like-payments. You sign up with one and you reach your customer or supplier globally. Every enterprise is here free to choose their own service provider – nobody is forced to choose that of his customers. e-invoicing services are generic –driven by the global IOS20022 standard. This all of course means that there is a need for both rule-books, standards and implementation guidelines – meaning that service providers joining the network has to live up to minimum demands – otherwise the weakest link syndrom will destroy the value of the network

Some people say that standards are not important. Certainly should not be for the enterprises and many of today’s service providers can convert messages from most standards to most standards. But we need to look into the ERP-environments also – how much more cost-efficient these will become when the invoicing programs and other administrative applications are designed for ISO20022 from the outset.

So expecations towards eeSPA are high:

1. make e-invoicing happen

2. further interoperability

3. ISO20022 e-invoice message standard deployment and support for the other closely interacting ISO standards

Best of luck and success!

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Comments: (2)

A Finextra member
A Finextra member 27 December, 2011, 18:24Be the first to give this comment the thumbs up 0 likes

Great job as usual! I was trying to click on the PDF and couldn't get it to come up.  Can you resend or redo?

Bo Harald
Bo Harald - Transmeri, Demos, Real Time Economy Program,MyData - Helsinki Region 27 December, 2011, 20:09Be the first to give this comment the thumbs up 0 likes

I tried it. Worked fine. If you still have problems pls send e-mail address.

Bo

Bo Harald

Bo Harald

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Transmeri, Demos, Real Time Economy Program,MyData

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This post is from a series of posts in the group:

Innovation in Financial Services

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


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