By admin on August 12, 2009
A business lobbying group has welcomed European Commission VAT plans to apply the same rules to paper and electronic invoices which will make invoicing cheaper and easier.
Posted in Awareness, Recent News | Tagged adoption, e-invoicing, European Commission, VAT
By admin on July 14, 2009
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 [...]
Posted in Publications | Tagged e-invoicing, European, European Commission, VAT
By FDE on June 8, 2009
Research by Forrester has shown that each manually processed invoice can cost a company as much as €100. Yet the European Union’s drive to promote electronic invoice presentation and payment (EIPP) has not borne fruit. So what can be done to help EIPP take off? MasterCard’s Laurent Vreven has the answers.
FDE: How do you [...]
Posted in Electronic Invoicing, Members and Partners, Presentations | Tagged accounts payable, advantages, bank, e-invoicing, European, savings, VAT
By FDE on May 20, 2009
Gianfranco Tabasso, a member of the EC’s experts group on e-invoicing and co-ordinator of CAST, stresses the importance of working capital management improvement programmes and its relationship with e-invoicing, and the automation of the financial supply chain (FSC).
When times are hard liquidity becomes the top priority for companies. Unfortunately, the current crisis in the capital [...]
Posted in Electronic Invoicing, Members and Partners, Publications | Tagged authenticity, best practice, CEN, e-invoicing, EEI Platform, Expert Group, integrity, interoperability, savings, SEPA, VAT
By OB10 on April 29, 2009
Lufthansa is reducing costs and paper consumption with OB10 e-Invoicing in its accounting department.
Lufthansa has announced that it is implementing electronic invoicing with OB10, the world’s leading e-Invoicing network. The objective is to use the OB10 service to generate tax-compliant invoices, thereby reducing invoice management costs both in Germany and internationally.
“OB10 is an international operation [...]
Posted in Members and Partners, Recent News | Tagged advantages, B2B, e-invoicing, EEI Platform, guidelines, partners, savings, VAT
By OB10 on March 24, 2009
Logica and OB10 extend partnership to help customers accelerate millions of Euros in savings every year.
Logica, a leading IT and business services company, today announces an extension to its partnership with OB10, the largest global electronic invoicing (e-invoicing) network. The new interoperation agreement brings together the scale, geographic spread and full tax compliance from two [...]
Posted in Awareness, Members and Partners, Recent News | Tagged Accounting, accounts payable, e-invoicing, EDI, EEI Platform, initiative, partners, savings, VAT
By admin on March 20, 2009
The Semantic Interoperability Centre Europe’s repository of interoperability assets has passed an important milestone. Two new core components were provided by the French Ministry of Budget’s General Directorate for State Modernisation (DGME), pushing the number of available solutions into the triple digits.
The 100th asset is a specification of “Financial Institution” in France. It is used [...]
Posted in Recent News | Tagged administration, CEN, EDI, European, European Commission, initiative, interoperability, UBL, VAT
By OB10 on March 13, 2009
Organisations across all industries are feeling the impact of the current economic downturn and looking for ways to cut costs and increase efficiencies without disruption to their productivity. Ideal solutions should be implemented swiftly; leveraging earlier IT investments and not requiring large capital investments.
According to the European Commission, businesses across Europe can save up to [...]
Posted in Awareness, Members and Partners | Tagged Accounting, e-invoicing, EDI, EEI Platform, European Commission, new members, VAT
By admin on March 5, 2009
Stefan Foryszewski is co-founder & senior vice president at OB10.
The banking industry is rarely out of the headlines at the moment. Every aspect of how banks conduct their affairs is coming under scrutiny as a result of the credit crunch and the ensuing global recession.
Some of this activity is right and proper – and more [...]
Posted in Awareness, Members and Partners, Publications | Tagged Accounting, adoption, e-invoicing, EDI, ERP, European Commission, online banking, savings, VAT
By admin on March 3, 2009
E-invoicing has not taken off as fast as its proponents might have hoped, but the economic climate might give their efforts new impetus.
The European Commission estimates that the potential cost savings of e-invoicing in the business-to-business sector will be €238 billion. The European Association for Corporate Treasurers puts the figure at €243 billion. According to [...]
Posted in Awareness, Publications | Tagged adoption, CEN, digital signature, e-invoicing, ERP, European Commission, Expert Group, interoperability, savings, SEPA, UBL, VAT
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