eInvoicing: VAT – Review of existing legislation on invoicing

September 1st, 2008 by in Featured Articles

The European Commission has launched an online consultation to ascertain the views of businesses on the review of the existing legislation on VAT invoicing. In particular, it focuses on matters in relation to VAT and eInvoicing. Interested parties are invited to submit their comments by 19 September 2008 at the latest.

The consultation is based on […]

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Award TWIST and GE for Billing Standard

September 1st, 2008 by in Uncategorized

The Billing Standard for Bank Services (BSB) is increasingly successful. General Electric and TWIST were awarded the 2008 Adam Smith Awards in the category Bank Relationship Management.

GE and TWIST won the award for the development of the BSB standard and their role in the successful implementation by Danske Bank and Barclays Bank. These awards are […]

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Future trends in electronic invoicing

August 26th, 2008 by in Uncategorized

About one month ago, it was distributed a draft of the conclusions of the EC electronic invoice experts regarding future regulation needs to push development and disemination of electronic invoices.

I was disappointed to find that one of the conclusions implies that electronic signature is seen as a barrier for further development of the electronic invoice, […]

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Basware closes Million deal in the EMEA Region

August 26th, 2008 by in Uncategorized

Basware, the leading provider of financial process automation software, today announced that one of the largest global medical products companies has chosen the Basware Enterprise Purchase to Pay (EPP) solution. The solution will be implemented in the EMEA Region, covering some twenty countries, fifteen different languages and over 3,000 employees utilizing a Shared Services Centre approach […]

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European Payment Council clears up Sepa for Cards confusion

August 22nd, 2008 by in Uncategorized

 
The European Commission and the European Central Bank have welcomed a document published by the banking industry-backed European Payment Council that paves the way for a competitive single market for card payment card schemes by 2010.
The document, which takes the form of a Q&A, clarifies key aspects of compliance with the Sepa Cards Framework (SCF) […]

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Blogpost: Paper invoices have NO future

August 17th, 2008 by in Uncategorized

Source: Bo Harald: Blogger
 
It is evident – paper invoices will disappear from the business to business and business to government sectors and then later in practise also in the business to consumer/government to citizen area.  The 5 mega-class reasons are exceptionally powerful and clear to see. Everyone will benefit – especially the consumers and tax payers.

It […]

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Weblog: Paper invoices have NO future

August 17th, 2008 by in Electronic Invoicing, Publications

It is evident – paper invoices will disappear from the business to business and business to government sectors and then later in practise also in the business to consumer/government to citizen area. The 5 mega-class reasons are exceptionally powerful and clear to see. Everyone will benefit – especially the consumers and tax payers.

It is only […]

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A Control Framework for e-Invoicing

August 15th, 2008 by in Electronic Invoicing, Publications

Today’s business processes are to a large extent still paper-based, which results in inefficiencies as paper needs to be forwarded from one employee in a firm to the next either in the same firm or in another firm before it reaches its final destination.
 
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Source: Twist

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eInvoicing initiatives in Finland and in the EU

August 14th, 2008 by in Uncategorized

Electronic invoicing is currently being adopted in Finnish companies and in the public sector. This paper looks at electronic invoicing and reports the latest developments in the EUarena related to electronic invoicing. In addition, the study reports the findings from the case studies conducted during autumn 2007. These case studies focused on the implementation processes […]

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Basware amongst world's Top 100 vendors

August 14th, 2008 by in Uncategorized

Magazine Credits Basware’s Advanced Enterprise Purchase-to-Pay Solutions for Helping to Drive Supply Chain Innovation.

Basware, the leading provider of financial process automation software, announced today that it has been awarded inclusion in the seventh annual Supply & Demand Chain Executive 100, which appears in the August 2008 issue of the popular business magazine and features the […]

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