Archive for Cooperation
As time goes by we can see that e-invoicing is evolving. After the Basware+MasterCard deal, the Tradeshift+CapitalAid deal, the Tungsten+OB10 deal, we now see the Visa+@UK deal. It displays a trend where e-invoicing now longer sits on itself, but becomes an integral part of larger business processes. Good news for e-invoicing adoption and innovation.Read More
Vertex has announced an alliance with Invoiceware International to provide multinational corporations with a more robust tax engine with electronic invoicing capability to support Brazilian tax compliance, as well as the day-to-day Nota Fiscal requirements. Vertex is a leading provider for corporate enterprise tax solutions.
“Multinationals continue to recognize that the real cost driver of tax and e-invoicing compliance in Brazil is the management of constant change. This partnership provides multinationals with an opportunity to grow their business in Brazil, while Vertex and Invoiceware ensure compliance with the evolving requirements ,” said Scott Lewin, President and CEO, Invoiceware International.
It is probably one of THE most important trends in e-invoicing: getting your invoice paid sooner upon approval, whereas you buyer's payment term is extended in the meantime. Not so long ago Tradeshift started a similar initiative with CapitalAid. And now Basware and MasterCard take the stand.
Initiatives like this one by MasterCard and Basware can really transform the way that companies do business with each other through this new single global payment solution. The result: immediate cost savings, efficiency gains, improved liquidity and less bankruptcies.