Glossary

The term contract management describes a procedure for the administration of contracts by a company. Ideally, a digital contract management solution supports ... Mehr

The words Purchase-to-Pay and Procure-to-Pay are often used synonymously. Both come from the English-speaking world. But what does Purchase-to-Pay mean? ... Mehr

Incoming invoices - everyone knows and pays them. But what is such a document anyway? ... Mehr

A software development kit provides the tools for software developers. ... Mehr

Another acronym: API. What does it stand for, what can you do with it and how does it help? What does an application programming interface (API) do? ... Mehr

Alongside PaaS and SaaS in the area of Cloud computing, is another business model called IaaS. The abbreviation stands for Infrastructure as a Service and means leasing a complete ... Mehr

Platform as a Service (PaaS) refers to a developer platform in the Cloud. The goal of this sort of platform is to provide a development environment for a variety of purposes. ... Mehr

Software as a Service (SaaS) is generally understood as a software and IT infrastructure operated by an external IT provider in a Cloud. ... Mehr

E-procurement refers to electronic purchasing by companies. The goal is to provide a user-friendly system which significantly supports the first half of the procurement process, from the purchase requisition to delivery of goods and invoice receipt. ... Mehr

The acronym comes from information technology and stands for “write once, read many.” Strictly speaking, WORM protection is a type of data protection. ... Mehr

Cloud computing means providing IT infrastructure. ... Mehr

The abbreviation EDI stands for electronic data interchange. In other words, it is about the electronic exchange of data. EDI is primarily used in the exchange and transmission of electronic business documents. ... Mehr

What do the abbreviation and term HMI devices mean? HMI stands for human machine interfaces. So it’s about interfaces. ... Mehr

The digital signature pursues and achieves two goals – the example here of a sent email makes them clear: ... Mehr

The XRechnung specifies a digital format for digital invoicing. The XRechnung format was initially brought into being with the EU Directive 2014/55/EU, which then took form in German law with the E-Invoice Law of April 4, 2017 (BGBl. I p. 770). ... Mehr

The acronym ZUGFeRD stands for Zentraler User Guide des Forums elektronische Rechnung Deutschland (Central User Guide of the Forum for Electronic Invoicing Germany). ZUGFeRD represents the specification of an electronic invoice format. ... Mehr

Enterprise information management (EIM) represents a further development of enterprise content management. ... Mehr

Enterprise content management (ECM) describes all methods, tools, and technologies for the creation, processing, management, and storage of content and documents in electronic systems. ... Mehr

The document management system (DMS) comprises the database-supported management of all possible documents which are in an electronic form. ... Mehr

The term Content Services involves a further development of the concept of enterprise content management (ECM). ... Mehr

The European General Data Protection Regulation (GDPR) controls the processing, storage and transmission of personal data. ... Mehr

Data Governance is a central control for the continual monitoring the quality of the master data in the company. ... Mehr

An archive is generally understood to be a place for the storage of information for the future. In reference to electronic archives, this means providing a system which ensures three key points. ... Mehr

A single source truth (SSOT) is a central data platform in companies which is accessed by all other systems in principle. ... Mehr