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Cloud computing driving adoption of e-invoices among SMBs

Cloud computing driving adoption of e-invoices among SMBs

By CFO Innovation Asia Staff | Dec 7, 2011

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The e-invoicing trend is being embraced by more small and mid-sized companies, with help from affordable, web-based solutions that are placing control in the hands of their users.

According to PayStream's most recent eResearch report Electronic Invoice Management: The Cloud's Silver Lining, two-thirds of accounts payable professionals polled have either implemented or are considering an e-Invoicing solution.

Other factors including aggressive supplier recruitment, enhanced reporting, and emerging cash management capabilities are breaking down adoption barriers and accelerating the migration from paper to electronic invoices.

 

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CFO Innovation Asia Staff

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