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Eiichiro Yanagawa will be speaking on "E-Invoicing in Japan: Innovation Opportunities from a Treasurer’s Perspective."
Competition and co-creation between financial institutions and fintechs—which see the systemic changes surrounding e-invoicing as a new business opportunity—is expected to shift from ‘digitization’ (defensive DX, replacing existing operations from analog to digital) to ‘digitalization’ (offensive DX, using digital technology to change business models and create new value propositions).
Over the next decade, the winners of SME financial services will look different from today’s banks. Rather than the banking products themselves, simpler accounting workflows, smarter financial data analysis, and practical financial and non-financial advice will be required. In other words, a customer-centric approach will be needed to incorporate banking products and services into a broader range of SME services.
Planned Presentation Agenda:
- Why is e-invoicing an opportunity for innovation?
- Where are the opportunities for innovation around corporate-to-bank connectivity?
- How should we act on e-invoicing innovation?
This session will be in Japanese.
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