Project Report on Business Value of Electronic Invoicing in FairyLand


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Total Pages = 67
Format – DOCX
Synopsis – Yes
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Suitable for Distance Learning management program.

This synopsis and project report is suitable for amity distance learning courses, nmims, ignou mba bba courses, scdl distance courses, isbm,imt cdl courses and others university/institute courses.




Chapter 1           INTRODUCTION

The business values of an invoice system can increase with the use of electronic distribution. This is done by an analysis of what business value an implementation of an electronic invoice system could lead to. Established theories in the area are put together and an empirical study is performed in order to illuminate important aspects and present new angles of incidence…contd.


The study objective is the business value that may increase when transitioning from manually sent invoices (by fax, phone, or e-mail) to electronic invoicing. This transition can contribute not only to increased cash flow and better invoice survey but also decreased administrative time and cost.


A presentation of business value, e-commerce, Electronic Data Interchange and electronic invoicing is made. This is followed by a presentation of Electronic Invoice Presentment and Payment, direct debit, and finally laws and directives. The information presented in this chapter is secondary data, collected in a desk research.


A general presentation of research approaches, research design, data collection and analysis is made. This is followed by a presentation of the used report and study procedure and possible sources of error.


 Source material can be divided into secondary and primary. Secondary data is an interpretation of objects and things that have occurred and are based on primary data. This kind of research is often known as desk research. Primary data means collecting data from the original source and is discovered during the period of the project. An inquiry based solely on primary data hardly exists, while absolute desk research is more common…contd.


 Electronic invoicing is becoming more common in the B2B market. Wall Fargo has successfully connected to electronic invoicing and the next step would be to do the same with their customers. A successful implementation of electronic invoicing to customers would make Wall Fargo a market leader.


In the case of Wall Fargo there are no technical obstacles in their system that prevents an implementation of electronic invoicing. The preferable solution is based on EDI, directly linking the ERP system at Wall Fargo with the customers ERP system…contd.


Wall Fargo should use the AMTrix system and StreamServe for the EDI solutions depends on the system costs and on other features that the systems may offer. The costs for implementation and maintaining of the systems may vary…contd.


The most obvious business value that comes from implementation of electronic invoicing is gain in time and cost…contd.


Articles and Books

Anachron B.V (2002). The Need for Online Invoice Management. (Version 1.0)

[Web document] URL: (Information —» Whitepapers)

Council Directive 2001/115/EC (2002). Official Journal of the European Communities, L015, 17/01/2001, pp 24-28. [Web document] URL:

Council for Electronic Billing and Payment (2001). Business-to-Business EIPP: Presentment Models and Payment Options Part One: Presentment models.

[Web document] URL:

Cronk, C. M. & Fitzgerald E. P. (1999). “Understanding IS Business Value:” derivation of dimensions, Logistics Information Management, Vol. 12, pp 40-49.

Dalton, G. (1999). Billing’s Unfulfilled Potential. Information Week (September 13, 1999).

DeJong, J. (2001). Manage Your Invoices Over the Internet. PC World (April 2001), p 144.

Gamble, R. (2004). What’s That You Say? Paying Bills Quickly Really Pays Off? Treasury & Risk Management (July/August 2004).

Greenemeier, L. (2001). Online billing takes the slow track. Information Week (June 25, 2001), p 144.

Hallikainen, P. (2003). Evaluation of Information System Investments, (Diss.). Helsinki School of Economics.

Hannon, D. (2004). Owens Coming plans to go 80% paperless by end-2004. Purchasing Magazine Online, (1/15/2004).

Haschka, J. M. (2002). Will EIPP Ever Kill the Wholesale Lockbox Business? E-commerce & technology, (January/February 2002), pp 27-31.

Irani, Z. (2002). Information Systems Evaluation: navigating through the problem domain. Information & Management, Vol. 40, pp 11-24.

Korper, S. & Ellis, J. (2001). The E-Commerce Book, Building The Empire {T edition). USA, San Diego CA: Academic Press.

Lawrence, E., Corbitt, B., Fisher, J., Lawrence, J. & Tidwell, A. (2000). Internet Commerce digital models for business (2n edition). Singapore: John Wiley & Sons Australia Ltd.

Lawrence, E. & Wenninger, J. (1999). Paying Electronic Bills Electronically. Current Issues in Economics and Finance, Vol. 5, (No 1)

Lee, S. C, Pak, B. Y. & Lee,H. G. (2003). Business Value of B2B Electronic Commerce, the critical role of intern-firm collaboration. Electronic Commerce Research and Applications.

Levy, M. (2001). Thriving in the Internet Age Through E-Commerce Management. USA, Indiana: New Riders Publishing.

Lindberg, M., Pessi, K. & Planten, A. (red.) (2003) IT Management. Sweden, Goteborg: Institutionen for Informatik Handelshogskolan, Goteborgs Universitet

Low, J. (2000) The value creation index. Journal of Intellectual Capital, Vol. 1, (No 3), pp 252-262

Mearian, L. (2001). Research points to sharp rise in number of e-billing users. Computerworld, Vo I. 35, (Issue 49), p 8.

Merriam, S.B. & Nilsson, B. (1994). Fallstudien som forskningsmetod. Sweden, Lund: Studentlitteratur.

Mclvor, R. & Humphreys, P. (2004). The implications of electronic B2B intermediaries for the buyer-supplier interface. InternationalJournal of Operations & Production Management, Vol. 24, (No 3) pp 241-269.

Odelberg, L. (2003 a). New demands connected to EC Directive for mandatory information for invoices. [Web document] URL: Only available internally

Odelberg, L. (2003b). Value Added Tax, VAT. [Web document] URL: Only available internally

Patel, J. (2000). B-to-B E-Billing Heats Up. Information Week (October 23, 2000), p 246.

Reyes-Stolker, J. (2004). A defining moment for EIPP. [Web document] URL:

http ://www. citibank, com/cashtradetreasury/homepage/about/newsroom/files/eippforepay


Rombel, A. (2004). Online Business Invoicing Gathers Pace – Offerings get more sophisticated and better integrated with financing. Global Finance (January 2004), pp 35-36.

Sawhney, M. (2003). Fundamentals of Value – To achieve a value mind-set, focus relentlessly on customers. CIO Magazine, Vol. July:l.

Schaeffer, M. S. & Prescott, J. (2004). Implementing EIPP: What Your Dept. Needs to Know to Get Started. IOMA ‘s Report on Managing Accounts Payable, (Issue 03-04), pp. 10-13

Scheier, R. L. (2003). The Price Of E-Payment. Computerworld, Vol. 37, (Issue 21), pp 25-26.

Simmons, P. (1996) Quality Outcomes: Determining Business Value. IEEE Software, (January), pp 25-32.

Study Finds EIPP Saves $7.15 Per Invoice, (2002). Financial Executive’s News (July 2002), pi5.

Trombly, M. (2002). Cost Savings and Collaboration Drive B2B E-Payments. Computerworld, Vol. 36, (Issue 42), p 41.

Unger, R. (2002). The Council for Electronic Billing and Payment. Electronic Payments Journal, Vol. 1, (Issue 7).

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