Digital Transformation

Digital Transformation:
what is the impact in the enterprise ?

Built on the new available ICT technologies (in memory computing, users experience, optimizing tools, predictive analysis, Internet of Things etc.), the digital transformation represents the new edge of the business interaction between enterprise and enterprise and between enterprise and consumer (B2B e B2C), it enables new business models and it supports complex planning and execution processes simplifying access and usability.

As a matter of facts, the adoption of digital technologies requires a review of traditional enterprise processes, it introduces internal and inter-company standardizations and best practices which stimulate innovative approach to business and to operations management.

There are many fields where digital technologies enable transformation and new business opportunities, even if digital transformation implies a change not only in technology but also in enterprise organization and culture.

The impact in our companies is progressive but unavoidable, driven by IT innovation and by global competition, but also driven by binding legislation of those countries which, to simplify and to control the flows at the source, facilitate, support and then require by law digital transformation in specific processes.

After the success of the dematerialization of paper and of the compliant electronic archive and conservation of documents, now the digital transformation is touching the administrative intercompany flows, the electronic invoicing and the fiscal compliance.

Electronic invoicing is the process of standard automatic sending, receiving and processing of invoice within the global Order to Cash and Procurement to Pay integrated processes, providing an easier control and a higher reliability of data.

The benefit is not only in paper and mailing cost saving, but it is mainly in the complete automation and integration between the commercial parties, from the invoice shipment to the cash.

In the Italian market the companies which will embrace the telematic transmission of invoice data, both in sending and in receiving (FeB2B) earlier than March 31th 2017, will benefit of several incentives like less fiscal obligations (Spesometro, Black List), priority in VAT reimbursement, no VAT accounting recording for small companies.

For companies interested to proceed with the digital transformation starting from documents dematerialization and processes simplification, ETHICA Consulting group, through its affiliated companies and specialized partners, can provide a complete and secure solution IT of electronic invoicing and of compliant document conservation.

In particular, within SAP platform, ICM.S, Altevie, Espedia and Fast Start can customize SAP core system to deliver, to receive and to manage electronic documents, integrating extended document management systems whenever required ( i.e SAP DMS and SAP Open Text).

Within Microsoft platform, Altitudo and Concert can support the same electronic processes implementing the solutions in MS Azure platform and integrating the preferred external document management systems.

ETHICA Consulting group can then provide specific management consulting services to approach the digital transformation accessing the available fiscal incentives in different applications, like the electronic B2B invoicing, the electronic conservation and archive of documents, the electronic signature and contracting etc.

About the digital management of the business and of the enterprise assets, ETHICA group implements and support the most popular and the most advanced software platforms for the integrated relation with Clients and Vendors, for omni-channel B2B e B2C e-commerce solutions, for Internet of Things applications in Industry 4.0, for Product Life Cycle and Human Capital Management.