Archive for Electronic Invoicing

12 E-invoicing and AP Automation bites you may have missed last month

We continuously collect news items that for some reason don't make it to a full post here at the E-invoicing Platform. News from the world of on e-invoicing, payments, invoice automation, order to cash, purchase to pay, compliance or e-procurement. And because we do want to give you the opportunity to get informed about what is going on all over the world, we provide you with this news flash.

Read More

EDICOM partners with TAXCOM to deliver its EDI ASP platform in Russia

November 17, 2014  |  Asia, Compliance, Electronic Invoicing

The partnership enables TAXCOM to distribute solutions EDICOM’s electronic data interchange solutions in service mode. The idea is direct integration of a client companies’ management systems with the ASP platform of EDICOM, without the need for costly investments in hardware and software.

Read More

2014: A stellar and eventful year for electronic invoicing?

November 14, 2014  |  Electronic Invoicing, Europe

In the field of electronic invoicing Charles Bryant is one of the thoughtful leaders. After his well read post on the arguments of implementing Latin American e-invoicing in Europe, he wrote a blog that catalogues in brief a number of significant developments and patterns as to why 2014 has been a stellar and eventful year for electronic invoicing in Europe.

Read More

Basware inks e-invoicing deal with Belgian technology federation Agoria

Basware has secured a new e-invoicing agreement with Belgian technology federation Agoria. To starting in January 2015 with broadcasting all invoices electronically. After that, the entire purchase invoice processing will be automated. The aim is to simplify administration and reduce costs, while improving member satisfaction.

Read More

Intermediairy results on mandatory B2G e-invoicing in Italy

As of June 6, 2014, B2G e-invoicing became mandatory for some public sectors in Italy, such as the Ministries, the Tax Agency and the state security forces. The deadline for full mandatory B2G e-invoicing in Italy is set for June 2015. The Polytechnic University of Milan Observatory did some intermediary research on the past three months on how things are going and they’ve come with these findings:

Read More

Chili believes e-invoicing to be an ally against tax fraud

Since November 1 this year, Chilean companies with annual revenues greater than 100,000 UF will be required to issue the Electronic Tax Document (DTE). And in 2018 mandatory e-invoicing will be in full effect in Chile. According to former SII Director, Alejandro Burr, Chili can raise roughly $600 million per annum due to the reduction in taks fraud and increased fiscal control.

Read More
Indonesia introduces VAT steered e-invoicing system. Mandatory in July 2016

Indonesia introduces VAT steered e-invoicing system. Mandatory in July 2016

Taxand Indonesia mentioned in a post that Indonesia has introduced a new VAT biased electronic invoicing system. This new system will be implemented in 3 stages. For the first phase, the Directorate General of Taxes (DGT) has identified 45 companies which will be required to issue electronic VAT invoices. These are mostly foreign investment companies, state-owned enterprises and publicly-listed companies.

Read More

CFDI download portals remain legal despite recent SAT ruling

On 5 October, the Mexican SAT announced a new non-binding criterion related with CFDI E-invoices. According to this ruling, it is improper to ask buyers to enter a particular website to get their receipt, since the seller is obliged to issue it directly. However both SAT and Amexipac have stated that CFDI portals for issuing and downloading invoices “are legal and authorized”.

Read More

TwoSides convinces 30 more companies to remove their “Go Paperless – Save Trees” claim

November 10, 2014  |  Digitalisation, Electronic Invoicing

We know Two Sides as the initiative that challenges the go green claims that companies use to promote their electronic services. TwoSides believes that these claims are misleading and in the past successfully engaged with 50 companies primarily in the banking, telecommunications and utilities industries. Today, another 30 leading North American companies have now committed to remove their “anti-paper”-based claims.

Read More

Invoiceware International hits 480 percent growth in Q4 compared to Q3

Invoiceware International announced a 480 percent quarter-over-quarter growth compared to Q3 2013. It signed 21 new deals this quarter alone and increased sales in all markets served – Mexico, Brazil, Chile, Argentina and Ecuador. And, adding to the momentum, Invoiceware International has expanded its fiscal reporting solutions, offering complete compliance support for eContabilidad mandates in Mexico.

Read More