FATCA, CDOT and LATAM cross-border requirements: Building blocks toward comprehensive common reporting standard

The global focus on curbing tax fraud is shifting into high gear, as reporting deadlines under the OECD’s new Common Reporting Standard draw nearer. Three separate requirements, in particular, are paving the way for a more comprehensive global initiative set to take effect next year: FATCA, CDOT and FEI.

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Webinar: 5 reasons why e-invoicing is a winning strategy

September 5th, 2016 by in Electronic Invoicing, Events

The reasons not to move to e-invoicing continue to be eroded by business, technical, social, political, and environmental factors. You can overcome overcome the makeshift paradigm of PDFs by joining Corcentric for their webinar ‘5 Reasons E-invoicing is a Winning Strategy’.

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INFOGRAPHIC: A day in the life of an AP specialist – before and after AP automation

September 5th, 2016 by in Invoice Automation, Publications

As you all probably know, we really really love infographics. In fact, we love them so much that we post them even if they’re not from our sponsors or independent content contributors. This time we found a this nice little infographic from HelpSystems.

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30 years of EDI development by Data Interchange

September 5th, 2016 by in Uncategorized

Ewan Friend, Managing Director of Data Interchange: “EDI technology has changed dramatically over the last 30 years and will continue to do so. Over the next few years, we expect to see developments that will recognise the link between e-invoicing and PEPPOL (Pan European Public Procurement Online).”

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EDICOM takes part in German e-invoicing event FeRD

September 5th, 2016 by in Electronic Invoicing, Europe, Events

September 8 is the date set for the 3rd edition of FeRD in Berlin, Germany’s biggest e-billing forum. Organized by the Federal Ministry of Economics and Technology (BMWi), it brings international experts together to discuss the future of e-invoicing in Germany.

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Boeing needs more cash; puts the squeeze on its suppliers

September 1st, 2016 by in Credit Management, Payment, Purchase-to-pay

The way to do it? Telling its vendors it will take longer to pay bills. Boeing claims these measures are were necessary to compete when airlines want more capable planes at lower prices. And this is not the first time…

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7 Reasons Why P2P Automation is really a No Brainer

Are you still on the fence about getting a purchase to pay system? That’s understandable. Sometimes it helps just to take a step back and simplify things. Here are 7 reasons why purchase to pay automation is really a no brainer.

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EDICOM expands connectivity in Switzerland through an agreement with Swisscom

August 31st, 2016 by in Cooperation, Electronic Invoicing, Europe

The cooperation is not limited to the e-invoicing document or the B2G scope. The alliance with Swisscom will also serve to improve EDI connections in the B2B area, while optimizing trade and logistic relationships for the clients of both parties, with the fluid exchange of all types of EDI transactions.

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Data Interchange migrates 250 Visteon suppliers to its Dinet Integration Network

August 31st, 2016 by in Interoperability

Approaching Data Interchange with a fixed closure date, Visteon needed to replace its existing legacy system with a reliable and cost effective solution that would facilitate the transfer of 250 suppliers to a brand new system in as little as 12 weeks.

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Invoice automation case study: Bilderberg

Bilderberg implemented AP automation with e-invoicing to reduce costs & increase efficiency.“In short, costs have been reduced, and efficiency has gone through the roof!”– Stéphanie van der Stelt, Manager Finance Accounting & Control.

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