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Microsoft corporate VP Bob Kelly’s profile in Forbes last week shows that even traditional tech giants are racing toward the cloud. Cutting-edge technologies continue to emerge to help SMBs streamline their business processes and drive costs down.

Here is a list of six cloud-based solutions that are disrupting SMB cost structures and should be on your radar:

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Haven’t moved your invoicing online yet? Here is a cool infographic highlighting how much money and resources are wasted through traditional paper invoicing.
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Electronic invoicing is on the agenda at most large organizations. However, those who have experienced e-invoicing and considered current solutions in the market know the difficulties of supplier adoption. Buyers are concerned that suppliers, especially smaller ones will resist requests to convert to electronic invoices because of the high transactional fees and IT investment.

Tradeshift
Tradeshift is a cloud-based social network for business and we take a different approach. Not only do we extend the adoption of e-invoicing by providing it free, but we also aim to grow the network by bringing more customers and suppliers together in real time. More »

So today I’m speaking on a panel at the SharedServices Link e-invoicing Europe 2011 conference in London. The panel includes members from our main competitors in the invoicing space. The topic is something I am passionate about: interoperability between different networks.

I’m pretty sure this discussion will lead to a lot of lip service from everyone saying they all see interoperability as an important goal, a little bit like when politicians meet and declare they all want world peace.

The reality, interoperability; the ability for customers of the different networks to talk together, is dependent on the business case of these networks for engaging in collaboration with the other market players and when you start to analyze that, the picture quickly becomes a bit more suspect.
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