Asite Secure Invoicing

UK collaboration vendor Asite has released another application to support online trading (see news release).

Asite Secure Invoicing (ASI) is an e-invoicing solution that reduces the time and cost of processing invoices by at least 60%, Asite says.

This adds a further product to its portfolio, which is now spread over three areas: collaboration, sourcing and trading. According to Asite’s recent results announcement (see post), volumes through its trading platform increased by 34% last year, but it doesn’t give any breakdown by solution set.

Therefore, when comparing Asite’s turnover with its competitors in the construction collaboration technology market, we must assume that the figure includes revenues from its trading and sourcing services, as well as collaboration revenues.

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  1. […] in 2003 to £1.354m last year (see recent post; Asite’s turnover also includes revenues from other products so collaboration revenues will be even lower when compared to collaboration-only vendors). From […]

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