Archive for Standards

Now available: the English version of the ZUGFeRD hybrid e-invoice specs

January 13, 2015  |  Electronic Invoicing, Europe, Standards

ZUGFeRD 1.0 combines structured XML data and PDF/A as visualization to a hybrid electronic invoice. Both the structured XML file and the PDF visualization represent the complete invoice, and the receiver can choose what he processes, be it XML, PDF or both.

Read More

EU designates UBL2.1 as referable standard. But what does that mean?

November 12, 2014  |  Europe, Purchase-to-pay, Standards

The European Commission issued a decision on the identification of Universal Business Language version 2.1 for referencing in public procurement as Ken Holman mentioned in this LinkedIN discussion. Article 1 of the EC Decision states: "Universal Business Language version 2.1 developed by the Organization for the Advancement of Structured Information Standards is eligible for referencing in public procurement.". But what are the implications of this decision? We have the answers!

Read More

Why not use BASDA eBis-XML or GS1 standards in Europe?

October 10, 2014  |  Adoption, Europe, Standards

In this column Bill Pugsley asks why a new European "standard" for e-invoicing is needed. This may take years to develop. Whereas the existing BASDA eBis-XML messaging standards have been around since the late 1990s? And the GS1 (Global Standard One) system of standards have been working successfully since the late 1970’s.

Read More

Recent developments on UBL standardisation [+free UBL conference]

October 8, 2014  |  Europe, Events, Standards

Things are moving in the European standardisation arena. Recently, the European MSP group has recommended to the EC that UBL be acknowledged as a European Standard. Also, UBL has been going through the paces for ISO standardization and some experts believe it also shouldn't be long before it is also an ISO/IEC standard. It is currently being scrutinised.

Read More

LEDES: The globally recognised legal industry EDI standard for eInvoicing

September 11, 2014  |  Electronic Invoicing, Standards

LEDES Ebiling Version 2.1 is more than just an ebilling standard. Today there are five ebilling standards, and others for the exchange of budgeting and timekeeper information. Another standard is under development for the exchange of IP matter information. Most importantly, the LEDES standards are a globally recognized industry-specific EDI standard for eInvoicing.

Read More

Ocean Freight Industry launches its own e-invoicing standards guidelines

The new guidelines from the Ocean Freight Industry EIPP Standards Advisory Board (SAB) focus on key handling processes and required data elements for invoice and credit note presentment, in order to help the ocean freight industry enhance e-invoicing efficiency and automation in global shipping. The newly released guidelines deal with: invoice processing, credit note processing and EDI messaging guidelines

Read More

Bitkom wants their members to adopt the ZUGFeRD e-invoicing standard

German ICT industry association Bitkom encourages their businesses members to adopt the ZUGFeRD standard for electronic invoicing, says Heise Online. Bitkom wants the EU to promote the take-up of ZUGFeRD.
ZUGFeRD is based on the XML-Format Cross Industry Invoice developed by the United Nations' CEFACT. These automated processable XML data can be embedded into human readable PDF/A-3- documents.

Read More
UPDATE: Towards a single standard for e-invoicing in EU public procurement. In 6 years. Wow

UPDATE: Towards a single standard for e-invoicing in EU public procurement. In 6 years. Wow

Commissioner for internal market and services Michel Barnier said the move to e-invoicing would “contribute to eliminating barriers to cross-border public procurement” and could generate savings of €2.3 billion per year across the EU. However as "it would take 3 years to deliver the standard and that would be followed by another 3 years to deploy it", this move to e-invoicing is way to late to help make the 2020 EU e-invoicing ambition a reality... It's time for mandatory EU e-invoicing.

Read More

SEPA Direct Debit standard requires consent for new and standing orders

January 31, 2014  |  Adoption, Europe, Payment, Standards

As of 1 August 2014, companies that charge for their services by standing order must meet the requirements concerning collection and safekeeping of the authorization stipulated in the SEPA regulations.
It is important to note that direct debits by standing order corresponding to new customers implemented without the necessary consent may be subject to return and refund during the 13 months following the unauthorized charge. The EDICOM electronic consent publishing service automates the process of generating, sending and electronic signature of the authorization document. Find out about their EDICOM SEPA Platform solution.

Read More

EDI: bright past, how about the future? A fenix in disguise?

EDI (Electronic Data Interchange) is a document standard that is typically used in supply chain for exchanging purchase orders, order confirmations and invoices. Another field is logistics, for example third party logistics providers (3PL) and transportation.
Despite of this wide usage, quite often during last decade it has been predicted that EDI will die. To be more specific - EDIFACT will die and XML based EDI standard will take its place. What are the trends and expected changes in the EDI-world? Is EDI a fenix in disquise? Itella Information shares their experience and predictions.

Read More