Financial processes are often treated as a typical secondary process. As a result, substantial optimization potential remains unexploited. Based on an empirical study, in this paper a generic financial chain is developed and used to identify areas for improvement. Especially the invoicing sub process offers great integration potential. 28% of all invoices are incorrect, mostly (83%) due to faul...

Objectives of the Study This study is aimed to present a clear picture of e-invoicing in China, by introducing the whole related process and work that have been carried out or are going to be done in the recent years. Also, it will explore Chinese individual’s attitude towards B2C e-invoicing and the factors that can affect individual’s intention to adoption. Based on those studies, useful sugg...

In this article, we examine the effects of the implementation of electronic invoicing on buyer-seller relationships. We apply the framework by Cannon and Perreault (1999) to analyze the changes in the relationship connectors between the two parties. Drawing on qualitative interview data from a single case study, we find that the implementation of electronic invoicing has a strong impact on the ...

In this paper, we propose to model the invoicing system using UML. The modelling process supporting our work is inspired form the Objectory method. This approach is based on the identiication of the system needs and on their implementation in the object-oriented paradigm. For the two cases, we start by determining the system func-tionalities and its interactions with the environment, and then w...

The use of Electronic Data Interchange (EDI) technologies can prove to be a strong, strategic initiative for many businesses. However, to leverage these potential benefits, organizations must be able to transform ineffective operating procedures and explore alternative implementations of EDI. The project reported here illustrates how a major Fortune 500 corporation was able to meet the challeng...

This paper explores the role of trade invoicing currencies in international spillover monetary policy. Using high-frequency measures Federal Reserve policy shocks, I show exchange rates, interest rates and equity returns countries with larger shares dollar-invoiced imports systematically respond more to US document similar transmission effects from ECB shocks euro-invoiced imports. rationalize ...

We explore the interplay between trade invoicing pa‹erns and the pricing of safe assets in di‚erent currencies. Our theory highlights the following points: 1) a currency’s role as a unit of account for invoicing decisions is complementary to its role as a safe store of value; 2) this complementarity can lead to the emergence of a single dominant currency in trade invoicing and global banking, e...

The paper analyzes the current state and perspectives of elec­tronic invoicing in Croatian companies. digital transition or more specif­ically, transformation processes affect all companies are cru­cial for increasing efficiency, innovation, overall growth econ­omies. Electronic invoicing, as one manifestations transfor­mation, brings about numerous economic benefits based on process auto­matio...

In this paper we present the speciication of an \invoicing system": two versions of it are shown. The rst does not take into account any interaction with the environment while the second considers it. The speciications are written in PoliS, a coordination language based on multiple tuple spaces. The operational semantics of PoliS allows the speciication of behavioral aspects of the systems enha...