Are you a candidate for e-invoicing? Answer several questions below to benchmark and help your business case build out.
E-Invoicing Assessment
a) Domestic
What Geographies is your organization mostly exposed to?
Your organization is in a very good place for adoption of E-Invoicing. There should be great opportunities for efficient reconciliations as well as improved cash forecasting and working capital management along with potentials for Straight-Through-Processing.
Excellent Opportunity
Results
1
b) International
d) Over 10,000
c) 5,000 – 10,000
b) 1,000 – 5,000
a) Less than 1,000
How many payments per month does your organization have?
2
d) C2G
c) B2G
b) C2B
a) B2B
What type of payments best reflects your organization?
3
d) 76-100%
c) 51-75%
b) 26-50%
a) 0-25%
How likely is it that you can convince customers to use E-Invoicing?
4
d) None of the above barriers
c) Lack of business case
b) Lack of integration between electronic payments
and accounting systems
a) Shortage of IT resources
What is the most likely barrier for your organization to adopt E-Invoicing?
5
9-13 Points
Looking for next steps?
Download the AFP Guide
E-Invoicing & AP Automation: Streamlining Payments Operations
E-Invoicing & AP Automation: Streamlining Payments Operations
Download the AFP Guide
Looking for next steps?
There certainly are a number of opportunities for your organization to adopt E-Invoicing. Some of the barriers such as shortage of IT resources and convincing business partners to accept E-Invoicing should be addressed properly. For certain parts of your business there should be opportunities for improved cash forecasting and working capital management along with better reconciliation opportunities.
Potential Opportunity
5-8 Points
E-Invoicing & AP Automation: Streamlining Payments Operations
Download the AFP Guide
Looking for next steps?
Your organization probably lacks the sufficient number of payments conducted per month and/or are facing various barriers that would prevent adoption of E-Invoicing. However, there could be some areas where E-Invoicing may work such as for specific major business partners that your organization deals with on a regular basis. This could lead to improved cash forecasting and working capital management to some extent.
Low Opportunity
0-4 Points
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