Archive for Government

Tungsten helps catch out false invoice claims in London borough

December 29, 2015  |  Compliance, Electronic Invoicing, Government

The London Borough of Bexley has successfully foiled a number of fraud attempts. The local authority processes its invoices using the electronic invoicing platform provided by Tungsten Network, which means fraudulent invoices that might otherwise be paid out on are rejected.

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EDICOM Expert Analysis: B2G eInvoicing in Switzerland [download]

Are you ready for this technological leap? Edicom is. And they are here to help you. This handbook reviews the most important technical and legal aspects of the Swiss administration’s new e-invoicing model.

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Spanish Public Administration already received close to 5 million e-invoices this year

Spanish Public Administration already received close to 5 million e-invoices this year

EDICOM announced that from January to October this year, 4,630,681 e-invoices were submitted via FACe, the general point of entry to the Spanish public administrations. The data from the Ministry of Finance and Public Administration (MINHAP) shows evidence of the gradual consolidation of this technology in Spanish companies.

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China to expand its e-invoicing(e-billing) system NATIONWIDE!

December 14, 2015  |  Adoption, Asia, Electronic Invoicing, Government

China is going to extend its electronic invoice system to nationwide coverage in 2016 to better regulate taxation of online businesses. That is what the Economic Information Daily has reported. The e-invoices will serve as an equivalent to paper ones that provide proof of transactions and taxation.

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Ecuador E-Invoicing Requirements Move Process Offline

Due to complaints that online government approval of e-invoices slowed down shipments and supply chain processes, Ecuador revered its approval model – now providing a 24-hour buffer for companies to submit e-invoices. Here’s what companies operating in Ecuador need to know.

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Edicom connects its B2B2G e-invoicing solution to the Swiss public sector

This new agreement reinforces the EDICOM Public Administrations HUB. Through it, users are guaranteed connectivity with public agencies worldwide. This makes it easier for multinationals to adapt to this increasingly widespread global system.

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PEPPOL made mandatory for Swedish central government agencies as of 2018

ESV has adopted the regulations for e-procurement in Swedish central government agencies. The mayor change is a requirement that by November 2018 all government agencies shall be able to use the PEPPOL network for their ordering and invoicing processes. The regulation issued by ESV explicitely states that central government agencies shall have the capability to use the PEPPOL network and be registered as recipients for different PEPPOL BIS messages in a Service Metadata Publisher (SMP). This is an important step to increase adoption of PEPPOL in Sweden and it will facilitate on-boarding of suppliers to government.

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E-invoicing in Spain – an update on the implementation

By the beginning of year 2015, there were still four Autonomous Communities that did not comply with all the requirements of this law. Either they were not yet connected to the General State Administration (FACe) or to other connectors.

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Brazil 2016 SPED Requirements: Block K (Bloco K) Adds Complex Inventory and Production Reports

Not only do companies need to update their cost accounting practices – many of which currently lack the detailed information needed – they also have to ensure their reports and processes adhere to each variation in local requirements.

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The rise of business-to-government compliance: Insights from PricewaterhouseCoopers

September 22, 2015  |  Electronic Invoicing, Government, Latin America

The big picture? Improved visibility into all financial transactions and increased automation help companies pave the way to the Holy Grail of cost savings and risk mitigation. The LATAM B2G e-invoicing mandates are helping to speed up this.

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