Archive for Electronic Invoicing

AuthentiDate is now Exceet Secure Solutions!

The main focus of exceet Secure Solutions will be on electronics networking in the new business field M2M (Machine-to-Machine) and IoT (Internet of Things), including secure identification and access solutions as well as improved networking within organizations, e.g. via process optimization in the field of telematics.

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Basware processed over 80 million e-invoices and PO’s last year

Shortly after EESPA unveiled that their participants processed some 840 million electronic invoices, Basware came up with an estimate of their yearly volume of e-invoices and purchase orders. The past 12 months Basware processed over 80 milli0n e-invoices and PO’s. That means that Basware, on its own, accounts for almost 10% of the total EESPA volume.

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13 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.

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Basware delivers e-invoicing services in Denmark to global brewer

September 1, 2014  |  Electronic Invoicing, Europe

Basware has expanded its relationship with a major global brewer and signed an agreement for the delivery of e-invoicing services in Denmark. The agreement is an extension to the current e-invoice sending solution that provides a fully outsourced service including printing and activation services. The value of the agreement is EUR 600,000 over three years.

Esa Tihilä, CEO, Basware Corporation:

  • “Our customer sends more than 200,000 invoices around the globe annually and is outsourcing the sending of them to Basware to manage on their behalf, allowing the customer to concentrate on their core business.”
  • “Where necessary, we will print the invoices for their customers who cannot yet receive e-invoices and in the process enable even more of their customers to adopt and reap the benefits of e-invoicing quickly and easily and generate more value through their participation across the Basware Commerce Network.”
  • “We are pleased to continue our relationship with our customer and to further expand support to their financial operations and continue to improve their core financial processes.”

EDICOM expands in LATAM, opening its 8th office in Colombia

August 29, 2014  |  Electronic Invoicing, Latin America

As with e-invoicing in Latin America, EDICOM is rapidly expanding. After opening office is seven countries, the Bogotá office in Columbia is the eighth base of operations of the EDICOM Group. It also shows that EDICOM is firmly committed to internationalisation for over a decade now. This expansion will allow greater service provision to the company’s more than 13,000 clients.

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Use e-invoicing to protect yourself against invoice fraud

August 29, 2014  |  Compliance, Electronic Invoicing

Although there are no guaranteed ways of totally diminishing invoice fraud for your business, the implementation of e-invoicing is a positive step towards achieving this goal. The benefits of e-invoicing certainly outweigh traditional paper invoicing and provide many controls and rules to prevent fraud. Find out more on how you can safeguard yourself against invoice fraud, ‘avoiding the f word’

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KPMG globally launches the universal InvoiceSharing connector [video]

Today, KPMG officially launches the universal KPMG InvoiceSharing connector to the world. The last few months they have been working hard to create a standardised connector that allows all ERP system (but especially the bigger SAP’s en Oracle’s) to seamlessly connect with InvoiceSharing.
The universal KPMG Connector for InvoiceSharing allows for all invoices to be automatically processed in your ERP system.

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2.4 billion e-invoices sent in Mexico in the first half of 2014. Up 250%

In Mexico, taxpayers earning less than 500,000 pesos in 2012 had until March 31 of this year to migrate to electronic invoicing, while the rest of Mexico's taxpayers had until January 1 to do so.
As a result a staggering amount of 2.4 billion (2,400 million!!) electronic invoices were sent in Mexico in the first half year of 2014 alone. This very impressive compared to only 119 million e-invoices exchange during the entire 2011, according to the Mexican Tax Authority SAT.

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The second European Multi-Stakeholder E-invoicing Forum is a fact!

The second European Multi-Stakeholder E-invoicing Forum is a fact!

In 2010 the European Commission decide to set up the European Multi-Stakeholder Forum on Electronic Invoicing. The mandate for that forum was applicable until the end of 2013.
The Commission decided some two months ago there should be a second European e-invoicing forum building on the achievements of the first forum, previous activities, existing work and solutions.

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Medius shows strong first half year with 27 % growth

Sales are up in all segments for both existing and new customers. Some of the new customers are DT Group in Denmark, Quaker Chemical Corporation, MOM’s Organic Market, DTS, Dejana and Proterra in the US, Topro, Univern and Scanship in Norway, Dedicare, NTM, Granngården and Älvsbyhus in Sweden.

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