Yesterday, we posted a blog about the e-commerce catch-22 and shared the first step in increasing your ROI. Today we'll share the second step.
Step 2: Replace Paper Billing with E-Invoicing
Once you’ve started to receive and manage your orders online, your next step should be to replace paper billing with some form of e-invoicing.
What will it give you?
How do you do it?
Ariba offers multiple e-invoicing options, from easy-to-use direct entry and PO-Flip™ to total invoice automation through integration. You can find basic definitions of each method—along with guidelines to help you choose the best one for your business—by reading this article on e-invoicing. To set up your e-invoicing preferences, go to the administration navigator tab in your Ariba Network account and click “Electronic Invoicing” under “Network Settings.” You can also read detailed information about e-invoicing under “Invoices, Payments and Remittances” in the “Product Documentation” tab of the Help section in your Ariba Network account.
In the Next Blog We'll Cover Step 3: Measure Your Results