E-invoicing is becoming the core function in automating many business processes in the procure-to-pay space as suppliers come together to provide complete solutions:

• DataCash, a MasterCard Company delivering e-commerce solutions, has recently partnered with e-invoicing solution provider Cloud 9 Group which will integrate DataCash’s payment platform into its software, enabling merchants to collect their payments.
• Tungsten Network Inc, has conditionally agreed to acquire DocuSphere, a provider of accounts payable automation services, to add certified integration tools that cover over 80% of the ERP software used by Fortune 2000 companies to Tungsten’s services. It also provides Tungsten with increased control over the speed, cost, and quality of implementation with no need to rely on third parties or middleware providers
• several other suppliers are in the process of putting similar deals together.

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CTMfile take: We are seeing that e-invoicing on its own or accounts payables on is not enough, corporates are demanding a fully integrated service across the whole procure-to-pay space. However, this integrated service needs to include dynamic discounting - see.