Archive for Standards

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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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.

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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!

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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.

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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.

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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.

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