"The Payoff" is for you wherever you are in the e-commerce supply chain. While the first installment of this weekly column emphasized what happens when a consumer walks into a bricks-and-mortar outlet, that's far from the only time payment needs to be convenient, efficient, and secure. This week, let's look at a piece of what happens when retailers pay their suppliers.
- Written by ec-bp Partner
- Category: Technology
2012 will be a watershed year for new business models worldwide. Three technologies will dominate the innovation scene and shape economies for decades to come. These three technologies are mobile computing, social media, and "big data for small decision support". All three while in high growth mode today will become paramount to existence for any business big or small, private or public, government or NGO. Underlying these 3 are 2 foundational pieces that enable everything - "Cloud Computing" & " Ecommerce".
- Written by Julie Bodine
- Category: Technology
Buzz, hype and popularity are often followed by tons of information. Some of that information could be plain wrong, baseless or myth-ridden. Cloud computing is here to stay and is already a huge reality. Yet, we know that you might have lots of unanswered questions. We know that for small business owners, these unanswered questions lead to apprehension, needless worry, and uncertainty, which will hurt business sooner or later. Consider these common myths you should be wary of along with corresponding truth:
The Cloud is with us and it is real! We have all heard something about it; accepted it; rejected it; or are still thinking about it. In some respects it is the old “outsourcing” debate all over again. Outsourcing is “good” because it focuses the company on its core competencies. Outsourcing is “bad” because the company loses control over vital operations. Accepting and utilizing the Cloud is just another of the revolutionary changes (PC, smart phone, etc.) that we have encountered over the last few years.
It’s hard enough keeping track of EDI messages, standards, deadlines and systems requirements for different countries’ tax authority. And requirements change quickly, so if you’re a growing company, the cost of supporting those requirements gets expensive. The challenge with e-invoicing is that traditional technology approaches have not worked to streamline what is an inter-company process, according to industry observers.