How to start integrating digital invoice management into the online bank? Once you have decided that you will use invoice data as a data asset, the following questions will arise: 1. Do you want to use only invoice data generated by 3rd party software, or do you want...

Invoice related offerings for different customer segments Invoice data can be used for different use cases for different customer segments. The below figure summarizes the invoice related services for the different customer segments. The introduction of the figure is...

Form Your Ecosystem Strategy With E-invoicing “Digital firms are staking a claim on the opportunity. But ecosystems are an attractive play for any service business that can claim ownership of the primary customer relationship. Those that have the strongest...

How can banks increase customer value with e-invoicing? In this article we will focus on the value creation using invoice data and e-invoicing and will describe how the availability of invoice data can support the bank in creating customer value. When building up a...

Why e-invoicing is important and why invoice data is a data source banks must start using? Invoicing historically is outside the sight of a banker. Why is it then that it is worth for bankers to start thinking about it? There is one definite answer for it, the access...

What is e-invoicing? The global e-invoicing market E-invoicing was a double-digit growth market in the last couple years and is expected to grow from the 2024 market size of EUR 8 bn to EUR 22 bn in 2028 with a CAGR of 27.9%, as shown in the figure below: Figure 1:...

Accelerating India’s Financial Supply Chain: The Role of Invoice Data in Payments and Lending India’s financial supply chain is undergoing a digital revolution, driven by advancements in invoice data utilization, payment automation, and cash-flow-based lending. With...