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Webinar
Examining Form 1099-MISC
October 25, 2011
Presented by John Foertschbeck, CPA
Lynda Foertschbeck, IRSCompliance, Inc.
Earns 1.5 CPEs & 1.5 CEUs
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e-Invoicing Benchmarks
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Analysis has begun on The Accounts Payable Network's recent automation benchmark survey. Preliminary results indicate that the future of electronic invoicing is bright, even if paper still dominates the present.
This issue features data from TAPN's latest benchmark survey as well as other resources to help your department learn more about electronic invoicing. If you have not already, now may be the time to start making the switch or expand your existing program.
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| Patrick Harbin – Editor
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The State of e-Invoicing |
Two-thirds of all organizations state that most of their invoices arrive on paper. However, use of e-invoicing has grown steadily during the last several years and looks to keep growing.
See The State of Electronic Invoicing on TAPC.
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e-Invoicing Users |
The following statistics from TAPN's soon-to-be published automation benchmark survey reveal which organizations are successfully implementing e-invoicing:
- Sixty-three percent of organizations with 35,000+ employees have implemented e-invoicing
- Organizations with more than 10,000 employees receive 15 percent of their invoices electronically
- Twenty-five percent of organizations that use e-invoicing have enrolled 50 percent or more of their vendors.
All organizations that participated in the survey - as well as all TAPN members - will receive a copy of the results soon. For more on electronic invoicing, check out the TAPN Video Education Seminar, Electronic Invoice Presentment and Payment, featuring David Hay. Earns 1 CEU.
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Just for Fun! |
Have you ever seen a great movie trailer, only to find out that the final film doesn't live up to the advertising? While most people would just be slightly annoyed, one woman decided to take the matter to court. See Woman Sues 'Drive' Movie, Theater over Misleading Trailer.
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