According to the research, for a medium sized company handling 250,000-500,000 invoices per annum, nearly 80 people are required just to handle exceptions. That could amount to (at an average cost per FTE of $50,000) about $4 million per annum. Arguing why put any effort in to looking at P2P processes has been a challenge, […]
Finland: P2P Summit sponsor connecting buyers and sellers
Why build it from scratch if you can have the solution ready made? Pagero Finland Oy has signed an agreement with Suomen LVIS-Tietoverkko Oy which is owned by the largest HVAC (heating, ventilation and air conditioning) & electricity whole sellers in Finland. Pagero Finland Oy will deliver e-invoice services to the owners of Suomen LVIS-Tietoverkko […]
Sweden: After Summit report P2P Summit 2011
In March 2012 we will see the second P2P Summit in Sweden, an event that will run once every year in the spring. Following P2P Summit in September 2011 it was obvious that the urge to lower administration costs in both procurement and finance processes is still huge. EBG will not rest until the discussion […]