Revolutionising Retail Property with E-Billing: A Vision for the Future

Gary Marshall, host of 'That Retail Property Guy,' delves into the evolving landscape of the retail property sector as it transitions from traditional paper or imaged invoicing to proper e-billing systems. With countries like Germany, which has legally adopted B2B e-billing, leading the curve, the shift seems inevitable, whether by market pressures or governmental mandates. Gary highlights the inefficiencies and challenges of current digital formats, explaining why existing OCR and AI technologies still fall short. Could there be an industry-wide standardised e-billing platform to streamline processes between landlords and tenants, supported by automated verification and payment systems? This episode underscores the universal relevance of e-billing beyond retail property, affecting all business contracts and legal agreements.

00:00 Retail Property Insights

00:14 The Shift to E-Billing in Retail Property

01:13 Challenges with Current E-Billing Systems

02:17 The Inefficiency of OCR and Image Recognition

06:46 Exploring AI in E-Billing

07:22 The future - an Industry-Wide E-Billing Platform?

11:35 The German Model and Its Implications

12:52 Conclusion and Call to Action
DLPIPER paper on Germany’s e-billing practices

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