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Focus on eInvoicing Goal 2006:

Regional business case in South-Karelia by Technology Centre Kareltek. Focus on eInvoicing Goal 2006: 1,2 M€ Investment in eInvoicing will improve competitiveness by 50 M€ per year and it will be the first step to digitialize the hole procurement. Regional business dirvers.

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Focus on eInvoicing Goal 2006:

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  1. Regional business case in South-Karelia by Technology Centre Kareltek Focus on eInvoicing Goal 2006: 1,2 M€ Investment in eInvoicing will improve competitiveness by 50 M€ per year and it will be the first step to digitialize the hole procurement

  2. Regional businessdirvers Technology Centre Kareltek with 85 Companies 800 employees Lappeenranta University of Technology with 5.000 Students South-Karelia Region with 110.000 inhabitants and 5.500 companies

  3. HOW to Raise Penetration 2007-2008 2009-2010 2004-2006 2002-2003 > > > > Digital Control of Networks eDocs + PDM eBusiness for SMEs eBusiness Networks Inter-Company eDOCS & eProcesses Internal Applications and Processes Product Managementand Publication Network Management Customer • CRM • Customer Service • Sales • Marketing • ERP • Office Environment • Management • Personnel • SCM • Supply • Production • Deliveries • Offers • Orders • Order Confirmations • eInvoices • Cover Letters • Inventory Status • Product Documents • Planning • Production • Sales • After Sales • Spare Parts • Order – Delivery Chain • Activity on the net • Accurate Deliveries • Process Deviations • Process Status • Monitoring • Business Models • Controlled Orders • Project Business Retail Large Enterp eInvoice SME Supplier

  4. Stakeholders and benefits ePioneers Savings in handling costs SMEs Savings in handling costs eGovernment New business Banks & operators Accounting companies Automation ofbook keeping Service providers

  5. Case 1: Estimated Personnel Work Load of the Process of Financial Management (3 737 man years) of Finland’s State Treasury 50 %

  6. Impact on one invoice Sales Invoice Purchase Invoice Sales Invoice Purchase Invoice Sources: Procountor 2004; Elma 2004; Kareltek 2004

  7. Regional focus on top invoicers Top 10% companies send 50% of the invoices Top 20% companies send 80% of the invoices

  8. Interoberability Connectivity table updated constantly (15.4.2005)

  9. Test Results Overall Success Ratio of Interoperable eInvoicing Services- Technology is not a problem - The problem is usability

  10. eInvoicing services provided by banks growing rapidly 2004 2005

  11. Results: Amount of companies starting to use eInvoicing in South-Karelia Source: Pulli Hennariina, LUT research 2005

  12. Results: Source: Pulli Hennariina, LUT research 2005

  13. IMPACT POTENTIAL IN FINLAND Rough idea of eInvoices used in each sector Source: Kari Korpela variation +/- 10%

  14. Lessons to learn • follow the money, start where there is biggest input to B2B and B2G competitiveness • SME´s needs to have easy and cost-effective service • Build up the demand, make the timing at the same time with all stakeholders • connectivity needs to be in a high level • standardize the usability

  15. Thank you Technology Centre Kareltek Inc eMail: Kari.Korpela@kareltek.fi Mob: +358 400 266230

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