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Bo Harald

e-Invoicing leap in Russia

“Future of E-Invoicing in Russia” took place in Moscow recently. The following was reported: “· Necessary legal aspects must be prepared for e-Invoicing during the first half of 2010 (Russian governme...

16 Mar 2010
Innovation in Financial Services
Bo Harald

SWIFT - new dimensions in supply chain services

SWIFT magazine painting a wider picture. Only a question of time before TSU and e-invoicing services find each others. It is plain to see that a payment guarantee following on approval of an invoice c...

14 Mar 2010
Innovation in Financial Services
Bo Harald

All Finnish enterprises signed up for e-invoicing?

Statistics from the banking sector reveals that 129 000 enterprises were signed up last year. Adding a couple of additional months of brisk selling – and those signed up by a good number of non-bank s...

11 Mar 2010
Innovation in Financial Services
Bo Harald

Automating away a 1 billion cost in Finland?

The ministry of Employment and the Economy has published an extensive study on cost of administrative burden. Some quotes (my emphasis): "The aim of the study was to chart statutory information ...

04 Mar 2010
Innovation in Financial Services
Bo Harald

Leading telco in Finland showing the e-invoicing way

Transparent, honest and just pricing gives consumers a chance to act in their own interest. Lower costs for service providers will sooner rather than later lead to improved cost – benefit. To the exte...

02 Mar 2010
Innovation in Financial Services
Bo Harald

It is not dematerialization

At the early stage of e-invoicing it was referred to as “dematerialization”. The benefits were seen as coming from not sending paper mail – but electronic mail. Now it has become very clear that the r...

02 Mar 2010
Innovation in Financial Services
Bo Harald

New high quality report from Deutsche Bank

New report (will be translated to English soon) going deeper into the e-invoicing theme http://www.dbresearch.com/PROD/DBR_INTERNET_DE-PROD/PROD0000000000253980.pdf Deutsche Bank is certainly doing th...

21 Feb 2010
Innovation in Financial Services
Bo Harald

Have banks given up?

Have banks given up trying to be good citizens? Sometimes you get that feeling - and also understanding that the avalanche of generalizing populistic condemning can lead to a give-up feeling even in t...

13 Feb 2010
Innovation in Financial Services
Bo Harald

Cutting administrative costs in half

Innovations always take time. Also in the case of e-invoicing. A few observations: - e-banking took time - and typically some actors lost faith (did not jump on the bandwagon or went passive) halfway ...

07 Feb 2010
Innovation in Financial Services
Bo Harald

e-banking high up

What are Internet users doing on the net? A new study (Redera) produced the following for Finland: - looking for information 97% - e-banking 95% - custome...

27 Jan 2010
Innovation in Financial Services
Bo Harald

Innovations do not come from outer space

Innovations do not come from outer space - technology often comes - at least from space. There is a long way for new technology to become an invention, then give birth to a business idea which has th...

23 Jan 2010
Innovation in Financial Services
Bo Harald

Pyramid upside down - finally

When we started e-banking back in -82 we saw it as a pyramid. A very broad base where customers do their everyday banking on PCs - checking balances, paying bills, getting notifications on direct debi...

17 Jan 2010
Innovation in Financial Services

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