*This article was published in French, on February 18th, 2022, in the French journal Entreprendre.
DocProcess, a Romanian technology company with offices in France and worldwide, is launching a new brand positioning and a new visual identity as part of a global expansion strategy. Interview with Liviu Apolozan, founder of DocProcess.
With an established presence in Romania, France, Belgium and Luxembourg, DocProcess is now ready for the next phase of expansion rollout as it aims to reach beyond Europe and win new customers. in the United States and the APAC region.
Applications built with the help of the DocProcess platform help companies increase their returns by allowing them to take control of their end-to-end business processes, together with their partners. By having full control and visibility over processes, which include contract management, buy-to-pay, order-to-pay, logistics, and more, businesses can move faster, while saving time. and money. The DocProcess platform is customizable and compatible with more than 200 different accounting and ERP software.
The 2022 objective will be to become a major and essential player in the field of business process automation and profitability solutions.
The e-Invoicing market was estimated at EUR 4.3 billion in 2019 and is expected to reach EUR 18 billion by 2025 due to the growing number of governments in various countries that are starting to impose this type of law in both the public and private sectors. In France, where DocProcess has been present via a local agency since 2019, the electronic invoice has already been mandatory since January 1, 2020 for the B2G relationship. It is planned to impose e-invoicing obligations in several stages in the coming years, with the ultimate aim of making e-invoicing compulsory for all types of businesses, including small and medium-sized enterprises and micro-enterprises. , from January 1, 2026.
DocProcess automation solutions are used by more than 3,500 companies, from multinationals such as Carrefour, Cora, Lactalis, Mondelez, Strauss, Saint-Gobain, eMAG to E-Boda, Altex and Flanco.
Can you introduce DocProcess in a few words?
Liviu Apolozan: DocProcess is a French SaaS software publisher offering Business Ecosystem Automation solutions. Founded in 2005 with the desire to meet the digitization needs of companies, DocProcess allows them to optimize and automate their processes while ensuring digital continuity with their ecosystem (customers, suppliers, partners).
The DocProcess platform offers a variety of solutions to meet the specific needs of each company: Procure-to-Pay electronic invoicing, Order-to-Cash, logistics, contract management, cash optimization, e-catalog, document management and archiving electronic.
Today, DocProcess supports nearly 3,500 customers in the digital transformation of their ecosystem, providing them with visibility over all of their activities, thus reducing their costs and allowing them to focus on their core business.
What is the current state of digitalization of financial systems in France?
In France, initiatives to digitize the finance function are still weak. According to a BearingPoint study, French CFOs have the worst perception of their level of digital maturity with an average of 4.6/10, a figure that demonstrates the progress needed to be made.
Even if the health crisis has led or even forced organizations to rethink the place of digital within their processes, the digitization of the finance function still constitutes a challenge for them today.
They will however have to rethink their automation projects quickly since from 2026 all companies subject to VAT established in France will be subject to the dematerialization of invoices. With the evolution of the legislation in force, digital transformation is no longer an option but must now be an integral part of the finance function.
What are the benefits of developing a digital transformation strategy?
The implementation of a digitalization strategy can be perceived by companies as complex. However, this is an opportunity for them and their teams to focus on high value-added tasks. A recent study by the consulting firm McKinsey reveals that beneficial effects have been observed in companies that have embarked on a strategy to digitize their finance function: nearly six out of ten companies report a positive or very positive return on investment from investments made during of the past year.
In addition, we are seeing the rise of technology such as AI which, within the finance function, will limit human errors (late payments, discount opportunities, etc.). It saves time for financial directors who can focus on analysis and strategic decision-making, allowing the company to gain in competitiveness.
Finally, automation is not only the basis of electronic invoicing, but a transformer of the accounting function and P2P processes in general. It also affects the relationship of companies with their business partner ecosystems (suppliers, customers, other partners) by generating new opportunities for all actors, improving processes and ensuring legal compliance.
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