Archive for Europe

Are (near) real time reporting e-invoicing controls a threat to e-invoicing adoption?

October 16, 2017  |  Compliance, Electronic Invoicing, Europe

Alicja Kwiatkowski, Legal Counsel, TrustWeaver published an interesting article, called: "EU VAT invoicing controls: What the unfolding policy mix tells us about the future?"

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E-Invoicing and the great electronic signature swindle

E-Invoicing and the great electronic signature swindle

October 9, 2017  |  Compliance, Electronic Invoicing, Europe

The EU Directive clearly states that there is no requirement for e-signatures to be used on e-invoicing, and further CEN guidance provides clear explanations on compliance without technology; and yet there is still so much confusion surrounding e-invoicing and the need for electronic signatures. Why?

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A breakthrough for e-documents in the Nordics

In 2017 we have seen a breakthrough for different e-documents in the Nordic countries. Not only is e-invoicing becoming more popular, but also e-orders and other e-documents are in high demand.

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Sovos continues expansion with the acquisition of FiscalReps

By acquiring FiscalReps, Sovos can better prepare insurers for the digital future of tax compliance and reporting as it expands its European operations to support its global clients.

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E-Invoicing Standard EN-16931 Launch Event

The event is to celebrate the official publication of the standard and to provide a platform for the public and private sector to exchange views and expertise with regard to approaches for the implementation

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New TrustWeaver service unlocks savings in French invoice scanning processes

October 2, 2017  |  Compliance, Europe, Invoice Automation

Up until March 2017, it wasn’t illegal for French businesses to scan paper invoices from suppliers. However, with the entry into force of a new secondary law, there are now clear conditions and processes to digitise paper invoices.

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Europe achieves 75 per cent interoperability

October 2, 2017  |  Europe, Interoperability

The report also studied the implementation of national interoperability frameworks. Spain leads the way (100%) with the National Interoperability Scheme. Next up are Denmark (88%), The Netherlands (87%) and Luxembourg (85%).

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The 4th EESPA annual survey results are in: >1,6 billion B2B/B2G/B2C e-invoices processed!

The 4th EESPA annual survey results are in: >1,6 billion B2B/B2G/B2C e-invoices processed!

1 615 million electronic invoices were processed and delivered in 2016 by members of the European E-Invoicing Service Providers Association (EESPA). This represented a significant growth of 29 per cent over 2015 volumes of 1 252 million. This year for the first time EESPA asked the question ‘what is the average value of an invoice processed by your firm?’. The figure derived from the relative limited range of responses was EUR 5868. On this basis, the total value of the reported invoices processed was EUR 9 477 billion.

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Turkish Revenue Department to mandate E-invoice Archiving

September 26, 2017  |  Asia, Compliance, Electronic Invoicing, Europe

The Turkish Revenue Department (G?B) has published a draft communiqué related to e-Archive Invoice application, and it is expected to become compulsory.

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Govein initiative calls for third e-Invoicing project in the health sector

September 22, 2017  |  Adoption, Electronic Invoicing, Europe

Two approved projects started up in 2016 and the first one is already in its final phase. For the public bodies taking part, the implementations are practically ready to go live in October.

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