Archive for Featured Articles

United States mandates all-electronic B2G invoicing in 2018

United States mandates all-electronic B2G invoicing in 2018

To address cash flow issues for businesses, particularly small businesses, the US Administration already took steps to facilitate accelerated payments to small businesses and small business subcontractors.
In the opinion of the ‘Executive Office of the President’ electronic invoicing can further these goals while also reducing administrative burden and costs to taxpayers. And therefore it is decided that in 2018 there will be all-electronic invoicing.

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[UPDATED] Argentina, Mexico and Brazil cooperate to exchange compliant international e-invoices

The program's objective is to establish an e-invoice information system between the three pilot administrations and once in place participation will be extended to other member countries of the Inter-American Center of Tax Administrations (CIAT).

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The EESPA annual survey results are in: almost 1 billion e-invoices processed!

986 million electronic invoices were processed and delivered to invoice receivers in 2014 by EESPA members. This represented a significant growth of 17 per cent over 2013 volumes of 840 million.
In summary: the 2014 figures reveal a rather less buoyant growth in B2B and B2G transactions processed than in the previous year. The B2C sector on the other hand showed very substantial growth and a growth of over 50% is very striking.

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We proudly present: Kewill – Our newest E-invoicing Platform sponsor!

A warm welcome to the E-invoicing Platform for Kewill. We hope that this sponsorship will aid Kewill to live up to its goal of delivering solutions that accelerate global trade and logistics.
And we are thankful that they allow us to carry out our ambition: to promote the best practices and adoption in electronic invoicing and invoice automation and distribute them to end-users.

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EC signs agreement with OpenPEPPOL for e-delivery. Not e-invoicing…

The EC wants a full functioning Digital Single Market. And that requires more interoperability between Member States and different sectors. This is why the EC is promoting the roll-out of essential digital services: eID, eDelivery, eSignature, eInvoicing and Automated Translation.

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Italian legislation: incentives to promote B2B e-invoicing adoption

Italian legislation: incentives to promote B2B e-invoicing adoption

In essence, those who decide to stop using paper will benefit from simplified administration and accounting requirements, with the exemption, for example, from the need to submit the spesometro (yearly list) and “blacklist” declaration. There will also be improvements in issues regarding VAT returns, which the Administration must implement within less than three months.

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D+H buys Fundtech for $1.25 billion in cash, expanding its reach in the USA

D+H buys Fundtech for $1.25 billion in cash, expanding its reach in the USA

With Fundtech D+H will now service eight of the top 10, and 32 of the world's top 50 banks, along with about 190 of the top 300 U.S. banks. Fundtech holds some 1,500 employees and 19 offices globally.

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WANTED: Free handy tools to create and send UBL Invoices + UBL Chain Test introduction

Next to the SimplerInvoicing initiative, the Netherlands has witnessed yet another initiative to stimulate the uptake of e-invoicing using UBL. Translated into proper English, it is called the “UBL Chain Test.” I participate this project, and so are already 63 other organisations since the start early December 2014!
The goal is to facilitate the majority of the providers of bookkeeping software and related services to make it possible for them to help companies and public organisations to create, send, receive and process UBL e-invoices.

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We introduce to you: Comarch! The latest sponsor of the E-invoicing Platform

We introduce to you: Comarch! The latest sponsor of the E-invoicing Platform

Comarch’s unique, transactional-based approach to engagement not only collects customer data from emerging channels such as social and mobile, but it also converts that data into purchases – providing comprehensive metrics throughout the process.
Comarch EDI e-Invoicing ensures compliance of the exchange of e-invoices in accordance with the law. Comarch is a member EESPA (European e-Invoicing Service Providers Association) and actively participates in the National Multilateral Forum for Electronic Invoicing.

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Introducing FIT Solutions: creator of world’s new ‘e-Transformation’ concept

We are glad to welcome yet another participant from Turkey. It shows once again that Turkey is at the forefront of e-invoicing, e-ledger, e-signatures, e-archiving and e-ticketing.
According to data from Turkish Information Technologies Industrialists Association, the e-Invoice market in Turkey is approximately worth 300 million dollars and Turkey is expecting a rapid and significant growth of market through ‘e-Transformation’. FIT Solutions is taking an active role in this process with their added value services.

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