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Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Save 50-75bn with e-procurement

Deutsche Bank report: “There is huge savings potential – but beware of outlandish claims. A conservative back-of-the-envelope calculation suggests that a full switch to e-procurement may save between EUR 50 to 75 bn on public procurement in the EU per year. On top of that are increases in transparency and public accountability which are arguably t...

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Not a 966bn business case?

We have learned that there are doubts about some of the assumptions in the PWC report in the EC Green Paper on VAT collection released on the December 2nd 2010. As it is obvious that the next important Single Market step is harmonization of VAT collection it is important to get all facts on the table – and then choose the best and probably also the...

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Equal treatment and EU-harmonization in Poland

http://eeiplatform.com/3764/poland-no-longer-requires-qualified-signature-or-edi-with-e-invoicing/

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Look at what it adds up to

I had a meeting recently where an analysis was presented that a small enterprise could save 12 working days a year in the area of automating administrative processes (based on migration to e-invoicing). One participant said that this is not of any use as the SME cannot get rid of a part of a person. I protested - rather vehemently for the followin...

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Look into this Treasure Chest

We have been working some time on opening the lid to a true European Treasure Chest. The lid is migration to structured business messages – and the key – e-invoicing - is held by every enterprise and consumer (or rather human user in employee and private role). As often happens in innovation processes the real value of what can be achieved opens...

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Cash not in favour in Finland

Cash is as we know expensive (50bn cost to merchants according to EU study) and an invitation to robberies, theft, counterfeit, drug dealing, prostitution, gambling, tax evasion - you name it. It also puts considerable strain on the environment. Luckily the trends move towards avoiding using it:

/payments /retail

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

What did you watch?

Decent figure for this - mostly still up-to-date video: https://www.finextra.com/fullfeature.asp?id=1020 and 3,5 minute animation: http://boharald.blogspot.com/2011/01/e-invoicing-happening-video.html

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

What did you read?

I posted the list below on 30.12.2010 and checked growth in selected page views today (3.1.2011) On EU: Questions European Tax Payers should ask: now 6516 views + 36! https://www.finextra.com/blogs/fullblog.aspx?blogid=2815 A digital Single Market – why and how?: now 2081 + 26, https://www.finextra.com/blogs/fullblog.aspx?blogid=4497 T...

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

What did I write?

Looking back – some of the most viewed posts: On EU: Questions European Tax Payers should ask: https://www.finextra.com/blogs/fullblog.aspx?blogid=2815 A digital Single Market – why and how?: https://www.finextra.com/blogs/fullblog.aspx?blogid=4497 The future of Direct Debit – e-invoicing with standing order: https://www.finextra.com/blogs/full...

/payments Innovation in Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

ISO-standard for e-invoicing getting support

Support for implementation of first global ISO-standard is starting to appear - also in Russia. And by SWIFT: http://viewer.zmags.com/publication/f9ecbbbc#/f9ecbbbc/1 It so makes sense for countries that have not yet created dominating local standards to go directly for the global one (we are all heading for it anyway). Why waste time – a lot of t...

/payments Innovation in Financial Services

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