Latest opinions that Bo Harald has shared on Finextra

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Bo Harald

Chairman/Founding member, board member

Trust Infra for Real Time Economy Prgrm & MyData,

Member since

04 Nov 2008

Location

Helsinki Region

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Bo's opinions

Are you the last Mohican?

Are you the last Mohican? The last one still sending our accepting paper or PDF invoices? In your private and/or corporate role? The last one using cash in a shop? The last one writing or accepting cheques? If so - stop to think how unproportionally expensive it is for your supplier, customer, shop etc. To have to count and take cash to the bank, ...

02 November 2016 Electronic invoicing

Protecting costs - NOT consumers

Posted this in 2008 - edited now Had a discussion last week with a representative of a consumer organization at a conference in Brussels. It did strike me - again - how little interest these organizations have to further cost cutting in enterprises - in this case by moving to e-invoicing. The cost of paper invoicing to the consumer segment in EU ca...

01 November 2016 /payments Electronic invoicing

Choose the broadest staircase

My experience from being a part of payments, e-banking, mobile, e-id etc development work has been that one should start with services that "all people" (Ms Same Guy in her private, entreprenaur and employee roles) use "all the time". Then use the same tool (habit, trust, investment etc created) for services needed less frequent...

01 November 2016 Innovation in Financial Services

Real Time Taxation

The Real Time Economy program in Finland listed 1. the national income register, 2. automated real time accounting, 3. automated VAT reporting and 4. XBRL general ledger standard as top priorities. All of them have moved forward considerably and continue to progress. The national income register stands to be launched in 2019. What is it and what w...

31 October 2016 Innovation in Financial Services

Half planned is well done

I continue to come across digitalisation projects where there is too much emphasis on planning - leading to slow progress and lack of flexibility once started. Sometimes people refer to the wisdom from housebuilding where "Well planned is half done." This is certainly the case there - my own experience also. But in the digital world we sh...

08 September 2016 Innovation in Financial Services

New work - a renaissance in humaneness..

On the road to a fascinating and much better future of work and private life my take would include the following main milestones: Moores law making computing expontially more efficient, cheaper and smaller Corporate and public sector legacy moving to cloud computing environment – connecting to other data and service ecosystems more easily Intern...

28 August 2016 Innovation in Financial Services

Payment statistics out - strong growth in innovative services

Bank of Finland payment statistics 2015 out - better late than never.. (anybody seen similar figures from other countries - and better if compared to population, number of enterprises and GDP..)? http://www.suomenpankki.fi/en/tilastot/maksuliiketilastot/Pages/taulukot.aspx Quick picks: - slow economy reflected in volumes - cash on its way out - do...

05 August 2016 /payments Innovation in Financial Services

Up and down - from the e-invoice

Just back from the Exchange conference I keep pondering how we can get a shared view of how to automate administrative processes. Today - especially in the US - it still is large enterprise driven procurement that drives e-invoicing. How can this evolve into a good solution for SMEs = send to all from your own e-bank or other solution instead of ...

14 June 2016 /payments Electronic invoicing

Nudging is not enough

When making innovation happen - getting the next individual to move to something better (digital) - we need to look at the full toolbox. The starting point is that too many citizens continue behaving against their own interest - be it unhealthy, expensive (often hidden costs), inconvenient, CO2-producing etc practises. The moral entitlement for mov...

27 April 2016 /retail Innovation in Financial Services

Nobody promised you a Rose Garden..

Nobody promised you a rose garden25 September 2010 | 6200 views | 0 I went to a book publishing party yesterday. Wonderful book about interior design and life by extraordinary personality. Lots of cultural types around and good food. And as I am kind of known as Mr. e-Invoicing the accountant present came up to me with his story – which went l...

26 April 2016 /payments Electronic invoicing

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