A CEO perspective on the post invoice economy webinar
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Transcript of A CEO perspective on the post invoice economy webinar
Internal
A CEO’s Perspective on the Post-Invoice Economy
An OpusCapita webinarNovember 16, 2017
19.10.2017 Presentation name1
Internal
OpusCapita Today
A broad and
differentiating portfolio
•Product Information Mgmt
•Order-to-Cash
•Source-to-Pay
•Cash Management
•Business Network
SELL
MORE
BUY
EASIER
PAY
SMARTER
220 Millione-transactions
100 Billion Europayments annually
900,000Suppliers
40 MillionCatalog products
Business
Network
Internal
What do we mean with the terms: Cash Agile, New Paradigm and the Post-Invoice Economy
Post-Invoice Economy New Paradigm Cash Agile
• Convergence of
technologies
• Consumerization of B2B
• Legislation
• Transactional processes
offer less value
• Collaborative
opporunities increase
• New value drivers
emerge in Procurement
and Cash Management
• New emphasis on
collaborative supply
chains
Internal
BiC procurement departments
have 20% less overhead
ML and AI further improve
automation rates of AP & AR
Technology & Trends Converge to remove and
automate invoice processing for AP and AR
A Post-Invoice economy is born
A new paradigm is required
Cash agility emerges as the new paradigm
where procurement and cash management
are the new value drivers
Rules-based matching drive
invoice matching to between
60-90%
Consumerization of B2B
increases with expanded
use of VCNs (invoiceless)
Blockchain threatens to
remove invoices entirely with
the use of smart contracts
Self-billing, ERS, PO call-offs
all remove invoices entirely
BiC Procurement departments
can reduce cost of goods by up
to 9%)
Effective working cap mgnt can
deliver up to 36% APR with
early payment programs (DD)
A typical organization loses 5%
of revenues annually as a result
of fraud
Internal
Disruptions, new thinking, cash agilty – a CEO’s Perspective
Patrik Sallner
CEO, OpusCapita
Internal
Thank you and...
Download the whitepaper:
Cash Agile – a new paradigm
for the post-invoice economy