The Netsend Blog
The latest news and views in the world of e-invoicing/e-billing and document distribution technology.
Sending E-invoices with an ERP System
There’s no easy way to say this, ERP systems may be great for planning resources in an enterprise, but they are not typically designed to work as e-invoicing platforms. That’s not to say they can’t send electronic invoices, but the limitations on what can be sent, and...
How to Beat Postal Delays in a Pandemic
Postal delays appear to be yet another unpleasant characteristic of 2020. The vast majority of these delays can be attributed to process changes that have resulted from precautions to limit the spread of the coronavirus, such as social distancing. It’s not as if...
Where, Why, and How EDI Invoicing and e-Invoicing Go Wrong (and How to Fix It)
Electronic invoicing is often pitched as the panacea for invoice delivery challenges in the wake of the coronavirus pandemic. On the face of it, this makes sense. Electronic delivery avoids the need to have staff manually print documents, stuff envelopes, and run the...
Automated Invoicing – Improving Accounts Receivable Efficiency
Automated invoicing, or invoicing automation, is gaining popularity as businesses look for ways to free up accounts receivable staff to meet the challenges of a post-coronavirus world. Automation reaches every part of a modern business. It is an inherent benefit of...
Is Blockchain Still Relevant for Order-to-Cash and Procure-to-Pay?
Blockchain technology continues to make quite a lot of progress with many business implementations in supply chain, payment, digital asset, and identity management. This is largely due to B2B open source platforms like Ethereum or Hyperledger Fabric that are becoming...
Take Control of your Credit Control
Guest post by Declan Flood, the Credit Coach and Chief Executive of International Credit Management Training. Declan provides credit management education, and training to a broad range of businesses. Anyone not familiar with credit control or credit management may...
Leveraging e-Invoicing to Improve Cash Flow While Building Business Resilience
Being part of Corcentric means that we are now sharing the 15+ years of experience Netsend has in the e-billing/e-invoicing space with an even wider audience. Lee Allen, Managing Director at Netsend, and Senior Vice President of Order-to-Cash for EMEA at Corcentric,...
How Legacy Invoicing Processes Slow a Supplier’s Cash Flow
Cash flow is literally the lifeblood of any business; anything that slows down that flow will have a deleterious effect on the organisation. This is true in the best of times but becomes an even greater problem when disruption occurs…and there are few situations more...
Netsend, a Corcentric Company
After a busy start to 2020, helping clients adapt billing processes to prevent impact from the coronavirus lockdown, we felt it was now appropriate to take stock and talk a little more about our exciting plans for the future. 2019 was a transformative year for...
Net 30, Net 45, Net 90 – Credit Management in the Face of Increasing Payment Terms
Everyone wants to get paid as quickly as possible, but payment terms are a fine balancing act. In some industries, suppliers face lengthening average payment terms – not to mention the challenge of collecting to those terms in a timely fashion. Long payment terms were...
The Evolution of Invoicing: from Envelopes to Email, to EDI
There’s no doubt about it, we live in changing times. Unarguably, the biggest driver for change, in recent years, has been the need to meet the isolation and social distancing requirements relating to the coronavirus (COVID-19) pandemic. Businesses have been forced to...
Protecting Billing Cash Flow from the Coronavirus
Coronavirus, COVID-19, it’s hard to read a news post without some mention. A week ago, I would have felt cautious about appearing to be jumping on the bandwagon as this topic trends across every social media platform, search engine and newsstand. Globally. But...