Leveraging e-Invoicing to Improve Cash Flow While Building Business Resilience
A conversation with Lee Allen, SVP, Order-to-Cash (EMEA) at Corcentric
e-Invoicing might have been thought of as a ‘nice to have’ element of procurement technology – that is until the whole world was suddenly working from home, virtually overnight. Now, companies that did not transform their invoicing processes to get away from paper are struggling, and those that had already done so are reaping the digital rewards.
Lee Allen, Senior Vice President of Order-to-Cash for EMEA at Corcentric, joined us to apply his extensive experience in B2B credit and trade finance to the challenges and opportunities of the present moment in business.
In this Corcentric Conversation, Lee talks about the value of e-Invoicing and the ROI companies can expect to realize once they streamline and digitally transform the associated processes:
- The process and visibility-based advantages companies can achieve when they digitally transform their e-Invoicing processes and integrate them with other internal processes and platforms.
- The barriers to adoption that have been problematic in the past, and whether we can expect those barriers to lessen in the post-pandemic world.
- The business case associated with improving the engagement between buyer and seller, including speed of payment, increased transparency, and future growth.
Thank you for listening. Be sure to tune in to our next Corcentric Conversation. Until next time!
About our Guest
Lee Allen is the Senior Vice President of Order-to-Cash for EMEA at Corcentric. Lee came to Corcentric as a founding Director of Netsend Limited, a company acquired by Corcentric in February 2019. Having over 25 years of sales and management experience in tech based B2B, Lee is an active contributor to the Credit Management profession. He speaks regularly at credit forums, trade fairs, and exhibitions, and produces thought leadership pieces for trade magazines and websites. He is a member of the International Credit and Trade Finance Association and holds non-executive Director positions with both the Association of International Credit Directors and the Association of Credit for Central and Eastern Europe.