Electronic transactions help businesses embrace efficiency and sustainability

Electronic business transactions, like eOrdering and electronic invoicing, introduce automation and standardization, making order management and invoicing processes faster and more organized. 

By adopting these modern methods, businesses can save valuable time and resources while ensuring accuracy in their transactions, says Jan Andre Maeroe, Project Manager for NSG&B. 

Electronic catalogues - streamlining your business 

Electronic catalogues enable sellers and buyers to maintain control more easily over products, prices, and contractual agreements. Additionally, eCatalogues empower companies to attain good quality descriptions of goods and services. 

Catalogues benefit sellers by controlling deviations, ensuring compliance, and providing evidence of good quality. Buyers benefit from easier product searching, reduced costs, and improved order accuracy, says Maeroe. 

The compilations of product and service descriptions in eCatalogues play a vital role in streamlining operations and facilitating informed decision-making. 

Invoices linked to orders

Electronic transactions smooth business operations by facilitating accurate invoicing with correct rates, codes, and pricing details − leading to reduced errors and simplified audit processes. When invoices are linked to orders, it also strengthens financial responsibility and minimizes erroneous payments. 

As well as that, the efficiency of electronic transactions can provide faster payments, a boon for businesses. It allows for prompt identification and resolution of billing issues, fostering better relationships with customers and suppliers. Happy customers are more likely to return and recommend a business to others, Maeroe emphasises.

Good for business, good for environment

Going digital is not only good for business but also for the environment. Electronic transactions significantly reduce paper consumption, aligning businesses with sustainability goals and promoting eco-friendly practices. With access to environmental information at the product level, businesses can make responsible purchasing decisions that align with their corporate social responsibility initiatives.

Additionally, the system allows for the registration of environmental attributes for each product, enabling convenient monitoring of the company's ecological impact. Data can be shared with customers and streamline reporting to relevant authorities, says Maeroe.

Service provider help Nordic buyers and sellers

The power of electronic business transactions cannot be underestimated. These modern methods offer businesses a plethora of advantages. 

By embracing digital transformation, companies can save time, reduce costs, and enhance customer satisfaction, positioning themselves for success in a rapidly changing business landscape. And on nordicsmartgovernment.org we show the service providers that directly or indirectly cover these processes for Nordic buyers and sellers.

Service providers complient with Peppol

All service providers (eProcurement system providers) can be added to the list if they are compliant with Peppol BIS, using Peppol Network to send and receive transactions. 
- If, as a service provider, you want to be on the list, contact me and I will guide you through what is required. You can reach me at: janandre.maeroe@dfo.no

To digitalize your process, you should: 

1. Ensure your solution provider supports Peppol BIS standard format for transactions and facilitates national and cross-border communication via the Peppol network.If you need a solution, explore this list of capable solution providers for national and cross-border transactions.
2. As a supplier, it is vital to showcase your products and services, not only on your own website but also on your customers' platforms. Evaluate the capabilities of the solution and ask for assistance in utilizing Peppol BIS for order management and catalogue creation.
3. If your solution provider is interested in implementing Peppol BIS, they can request information from your Peppol authority.