Mobile Strategies, Cloud Computing and the Role of Speed and Agility

Grazed from Sys Con Media. Author: Kevin Benedict.

In our world of near ubiquitous connectivity the competitive arena in many industries has moved from the physical to the digital, and from the tempo-of-old, to the tempo-of-the-new. The word tempo means the rate or pace of activity (aka. business operations). Any IT decision that gets made today should consider how different options and choices will impact today’s and future’s tempo of operations. Can and will the solution you choose support tomorrow’s required tempo of business?

In many countries in Latin America new and emerging e-invoicing requirements have been passed by national tax authorities. In some countries today, the seller of a product needs to electronically record an sale/invoice (in real-time) with the tax authority before a product can be delivered. The tax authority issues a real-time unique transaction code to be attached to the invoice number. Once the product is delivered the buyer electronically acknowledges receipt (in real-time) with the national tax authority and the process is closed and documented with the tax authority. If a product is found to be sold and delivered outside of this real-time electronic reporting system, stiff penalties will be applied…

These e-invoicing systems are designed to document and make visible transactions in real-time for tax collection purposes. This process requires an entirely new and faster tempo than most companies are currently prepared to support. This is but one example of how the tempo of business is being impacted by digital transformations…

Read more from the source @ http://www.sys-con.com/node/2860297