Archive for Standards

EU E-invoicing Standard gets unanimous approval, with 4 BIG adoption barriers

The European Commission mandated the European Committee for Standardisation (CEN) to define the European E-invoicing European standard. Following intense deliberations, CEN announced that the invoice model and its syntaxes received unanimous approval. However massive adoption of the new standard, is no easy task.

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Break: only UBL and CII remain as mandatory EU B2G e-invoicing syntaxes!

At a recent plenary meeting in Barcelona, CEN/TC 434 unanimously agreed to endorse UBL and CII as the syntaxes complying with the forthcoming EN and to be listed in a specific CEN Technical Specification (TS).
Once the EN and TS are published by CEN and referenced in the Official Journal of the European Union (OJEU), contracting authorities and entities in the EU will have to receive and process electronic invoices which comply with the EN and any of the two syntaxes, in accordance with the provisions of Article 7 of Directive 2014/55/EU.

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EDICOM leads European project to promote e-invoicing in public health

DICOM will set up a multi-syntax solution for each of the participants, enabling them to process invoices in several standards. This platform will also comply with the European semantic interoperability specifications. The doors are open for interested parties to participate!

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EESPA + OpenPEPPOL Position Paper: reduce the amount of syntaxes

EESPA and OpenPEPPOL are very concerned by the provision in the Directive 2014/55/EU that all 300.000+ EU public sector contracting authorities will need to be able to receive electronic invoices expressed in any of a list of up to four syntaxes to be recommended by CEN TC 434 for a European core invoice standard. They propose 2 syntaxes.

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UBL 2.1 is now an ISO/IEC standaard. Big boost for e-invoicing!

Universal Business Language (UBL) has been available for over ten years now, and is becoming a predominant NEXTGEN format for electronic invoicing. In Europe and many other countries, the aim is that e-invoices will increasingly be distributed in UBL (sometimes in combination with PDF).
More and more governments, providers of accounting software and e-invoicing service providers support UBL. And now UBL 2.1 has officially been adopted as an international ISO / IEC standard. A major step towards UBL e-invoicing!

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Colombia Mandates Electronic Invoicing for 2016

January 8, 2016  |  Compliance, Latin America, Standards

The much anticipated news regarding Colombia electronic invoicing has arrived. On November 24, 2015, the Colombia DIAN (tax authority) announced in Decree 2242 that electronic invoicing is mandated for specified companies starting this January 2016.

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OpusCapita loves working with standards. And this why…

September 18, 2015  |  Standards, Supply Chain Finance

Standards help them to focus in deploying their end-to-end solutions for purchase-to-pay and order-to-cash processes for the best possible user experience and process benefits, for customers all over the world.

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Modus Selects Kewill to Accelerate Time-to-Revenue

September 7, 2015  |  Compliance, Europe, Financial software, Standards

Kewill MessageBroker, the state-of-the-art EDI solution by Kewill, will ensure speed and accuracy in the transaction of critical policy data with their brokers.

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NACHA Unveils handy ISO 20022 Mapping Guide

NACHA’s ISO 20022 Mapping Guide & Tool, standardizes the practice of mapping ISO 20022 formatted payment messages to corresponding NACHA file formats and can be used by financial institutions to easily and consistently translate ISO 20022 payment instructions into ACH formats.

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Anachron successfully renews its ISAE 3402 Type II certification

It illustrates Anachron's commitment to, and capability in, providing class-leading outsourcing solutions within the Order2Cash space, from e-Invoicing to e-Payments, Contract Signing, Document Management and more. The audit covered the 2014 calendar year for all services.

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