E-invoicing and Cost Reduction: A Case Study of Multinational Corporations DOI Open Access
Ahmad Y. A. Bani Ahmad

Journal of Information Systems Engineering & Management, Journal Year: 2024, Volume and Issue: 9(2), P. 25009 - 25009

Published: April 23, 2024

Digital invoicing, or electronic invoicing (E-invoicing), has emerged as an important driver of corporate digital transformations that directly impact the bottom line. Top multinational corporations (MNCs) have rolled out E-invoicing systems and are reaping benefits in terms significant cost savings. Doing away with manual by automating preparation, distribution, processing, delivered a wide range reductions: Invoices processed at up to 90% less than paper invoices; for resolving exceptions disputes dropped much 70% duplicate payments now stand around 0.2% lower, example. In addition, extended payment become source operating cash flow, thanks faster invoice approval payment; MNCs' working capital been optimized through early-payment discounts deliver additional Compliance also improved, ensuring tax compliance dramatically reducing fraud, which already saved MNCs millions dollars fines penalties. Efficiency, transparency, sustainability, money; tall order any solution, yet one is delivering. With dawn age, expect see delivering even greater savings efficiencies globe.

Language: Английский

E-invoicing: A Catalyst for Digitalization and Sustainability DOI Creative Commons

Rok Bojanc,

Andreja Pucihar, Gregor Lenart

et al.

Organizacija, Journal Year: 2024, Volume and Issue: 57(1), P. 3 - 19

Published: Feb. 1, 2024

Abstract Background and Purpose Digitalization brings a wide range of opportunities for both digital sustainable transformation. One the first steps on this journey is digitization business documents digitalization processes. The European Commission has recognised advantages digitalization, particularly in context e-invoicing, which can contribute significantly to economic prosperity align with public policy goals such as deficit reduction development. Despite successful adoption e-invoicing sector, uptake business-to-business (B2B) transactions surprisingly low. This research focuses Slovenia, small country that imple-mented mandatory between enterprises sector 2015. Methods To investigate wider population, we designed an online survey, was conducted among 284 organizations Slovenia. collected data were analyzed using SPSS 28 software. sample t-test used evaluate importance identified advantages, barriers incentives usage. Further, ran inde-pendent identify statistically important differences ad-vantages, barriers, lower higher levels Results results showed recognize benefits well perceive them important. most are related environment, unawareness lack knowledge about how implement e-invoicing. Desired easier costs technical implementation, provided training education, including best practices, availability government grants other support measures state level, legislation, directory entities electronic document exchange service providers. Conclusion paper provides information decision-makers ad-min-istrations take appropriate further e-documents exploit better.

Language: Английский

Citations

1

Selection and Adoption of Water Purification Technologies in the Bottled Water Industry in India DOI Creative Commons
Aviram Sharma, Saradindu Bhaduri

Cleaner Water, Journal Year: 2024, Volume and Issue: unknown, P. 100039 - 100039

Published: Sept. 1, 2024

Language: Английский

Citations

1

Research on Small-Sample Credit Card Fraud Identification Based on Temporal Attention-Boundary-Enhanced Prototype Network DOI Creative Commons
Boyu Liu,

Licheng Wu,

Shengdong Mu

et al.

Mathematics, Journal Year: 2024, Volume and Issue: 12(24), P. 3894 - 3894

Published: Dec. 10, 2024

The Nielsen Report points out that credit card fraud caused business losses of USD 28.65 billion globally in 2019, with the US accounting for more than one-third high share, and insufficient identification has brought about a serious loss financial institutions’ ability to do business. In small sample data environments, traditional detection methods based on prototype network models struggle time-series features challenge identifying uncorrected distribution metric space. this paper, we propose method called Time-Series Attention-Boundary-Enhanced Prototype Network (TABEP), which strengthens temporal feature dependency between channels by incorporating attention module achieve channel fusion acquisition. Additionally, nearest-neighbor boundary is introduced after computation prototype-like model adjust overall space clarify representation boundaries model. Experimental results show TABEP achieves higher accuracy compared five existing baseline methods, better fits distribution, significantly improves performance. This study highlights effectiveness open innovation addressing complex security problems, great significance promoting technological advancement field security.

Language: Английский

Citations

1

The Effect of Cloud Tracking-Based Integrated Supply Chain Learning Devices on Critical Thinking Skills, Learning Behavior, Student Career Development with Variable Moderation Learning Media DOI Creative Commons
Buyung Adi Dharma, Madziatul Churiyah, I Nyoman Suputra

et al.

Revista de Gestão Social e Ambiental, Journal Year: 2024, Volume and Issue: 18(8), P. e06196 - e06196

Published: April 16, 2024

Purpose: In this context, integrated supply chain learning (ISCL) is defined as a approach that integrates resources from various parties. This research aims to examine the effect of using ISCL on students' critical thinking skills, behavior, career development, and will also consider moderating variables related media. Theoretical framework: current era globalization technological progress, need for learners equipped with relevant skills face challenges 21st century increasingly urgent. Critical adaptive development are three main aspects focus in preparing students be successful an ever-changing world. Method/design/approach: methodology adopts quantitative surveys data collection instrument. Results conclusion: The results show media has significant role mediating relationship between devices development. Research implications: implication importance integrating education curriculum prepare industry needs. Originality/value: broad positive impact improving system, strengthening links world industry, providing better opportunities achieve success work.

Language: Английский

Citations

0

E-invoicing and Cost Reduction: A Case Study of Multinational Corporations DOI Open Access
Ahmad Y. A. Bani Ahmad

Journal of Information Systems Engineering & Management, Journal Year: 2024, Volume and Issue: 9(2), P. 25009 - 25009

Published: April 23, 2024

Digital invoicing, or electronic invoicing (E-invoicing), has emerged as an important driver of corporate digital transformations that directly impact the bottom line. Top multinational corporations (MNCs) have rolled out E-invoicing systems and are reaping benefits in terms significant cost savings. Doing away with manual by automating preparation, distribution, processing, delivered a wide range reductions: Invoices processed at up to 90% less than paper invoices; for resolving exceptions disputes dropped much 70% duplicate payments now stand around 0.2% lower, example. In addition, extended payment become source operating cash flow, thanks faster invoice approval payment; MNCs' working capital been optimized through early-payment discounts deliver additional Compliance also improved, ensuring tax compliance dramatically reducing fraud, which already saved MNCs millions dollars fines penalties. Efficiency, transparency, sustainability, money; tall order any solution, yet one is delivering. With dawn age, expect see delivering even greater savings efficiencies globe.

Language: Английский

Citations

0