Payment systems users warn of risks of SEPA failure

July 22nd, 2009 by in Adoption, Publications

In a critical paper on the Sepa Direct Debit scheme the Payment Systems End User Committee (PS-EUC), says businesses have little incentive to switch to the new payments instrument.

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Presentations CEN/ISSS workshop Brussels June 18th

July 21st, 2009 by in Adoption, Events, Publications

At June 18th 2009, the CEN/ISSS E-invoice Phase II held an open meeting in Brussels. The purpose of this meeting was to present the public with the more or less final results based on the objectives of this Phase II workshop:

An adoption programme for increased electronic invoicing in European business processes.

1. Compliance of electronic invoice […]

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Blog: Sneak preview of Electronic Invoicing

July 20th, 2009 by in Adoption, Publications

Recently Richard Smits, member of the project group Electronic Invoicing within Exact Software, wrote the following in his blog “The advantages of Electronic Invoicing”:

“Since a few weeks we are sending all invoices to our Exact Online customers digitally. The monthly invoices are sent from our own Exact Globe environment to the digital mailboxes in Exact Online. With […]

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Document European Commission: A European Economic Recovery Plan

July 16th, 2009 by in Adoption, Publications

This document was produced by the European Commission and aims at the economic crisis.

The plan rests on two pillars: The first pillar is a major injection of purchasing power into the economy, to boost demand and stimulate confidence. The second pillar rests on the need to direct short-term action to reinforce Europe’s competitiveness in the […]

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The mid-term report of the Expert Group on e-invoicing

July 15th, 2009 by in Adoption, Publications

Most of the respondents welcomed the report and endorsed the vision of proposing a framework which facilitates the provision of integrated e-invoicing solutions at EU level.

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Document Tieto: The future of e-invoicing

July 15th, 2009 by in Adoption, Electronic Invoicing, Publications

Tieto, one of Europe’s leading e-invoicing vendors has, in corporation with Gartner Research, produced a document about the future of e-invoicing in Europe. In this document, specialists and representatives of EU Working Group for e-invoicing, the Tieto Board and the banking world speak out their opinion on the future of e-invoicing and the challenges that have to be […]

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Document: 'Code of Practice on Electronic Invoicing in Europe'

July 14th, 2009 by in Publications



This Code of Practice on Electronic Invoicing in Europe is recommended for implementation when and if the amended Directive on VAT as proposed by the European Commission on 28 January 2009 comes into effect.

Trading parties, solution providers and tax authorities need legal certainty, a key element for a proper functioning of the Internal Market and […]

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Spanish biotechnological company PROJECH selects 20/20 vision Europe

July 1st, 2009 by in Uncategorized

The Spanish subsidiary of 20/20 vision Europe optimizes the budget to pay processes of Spanish organizations. One of the most promising biotechnological companies in Spain, Projech in Madrid, has selected 20/20 vision to optimize their processes. An integrated procurement solution is a requirement to handle the expected explosive growth of Projech.

At Projech, motivated biometrics develop […]

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Dutch banks introduce national Iban and BIC conversion system

June 29th, 2009 by in Adoption, Publications

The Netherlands Bankers’ Association (NVB) is preparing for the introduction of the Single Euro Payments Area (Sepa) with the introduction of a new nationwide Iban (International Bank Account Number) and BIC (Bank Identifier Code) look-up service for all Dutch citizens and corporates.

The introduction of the new tool is expected to speed compliance with Sepa by […]

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Electronic Tax Filing At The European Union

June 26th, 2009 by in Adoption, Publications

Traditionally, tax returns were filed using paper forms. With the increasing number of taxpayers and complexities arising in taxation, it has become impossible to maintain records on paper. The current preference is for electronic means of record keeping and tax filing. In this day of Internet and E-commerce, every state stresses E-filing of tax. An […]

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