Unlike large enterprises, midsize businesses are being asked to accomplish these critical activities with limited IT budget or small IT staff – or a combination of both. If you are facing similar challenges and growth opportunities, join us on Wednesday, March 30th, at 4:00 pm CET (central European time) for a live webinar that will examine cost effective data integration approaches, methodologies, and technologies. This presentation will explore a range of available data integration and management solution offerings – from on-premise software you can run yourself to fully managed B2B integration and business process management where we do the work for you – including the business case, enabling technologies, and best practices.

Richard van der Hoek, European Manager IT with O’Neill, and Hans Mellenbergh, eSolutions Consultant with Liaison, will share their views on setting a course towards a more agile, efficient, and cost effective approach to data integration that will allow your business to scale on-demand, and at the same time significantly reduce costs.

Moderator:
- Christopher Hale, Vice President of Global Product Marketing at Liaison Technologies

More information an registration

This article is from E-invoicing Platform. Read the original post at: Webinar enterprise data integration for the mid-market.

The importance of the CEN/ISSS Workshop deliverables
The Adobe whitepaper shows once again the importance of the deliverables of the CEN/ISSS Workshop deliverables. At this point the Workshop is in its second phase, having delivered at least one groundbreaking deliverable: the Draft Good Practice Guidelines. These guidelines are available here, here and soon on www.cenfiscalesguidelines.com Some groups with other interests on e-invoicing do not quite agree with these Guidelines. But we arguably can not ignore the fact that this is a serious attempt to remove one of the major barriers on e-invoicing: uncertainty on e-invoicing.

Intelligent PDF: removing barriers?
The intelligent PDF approach presented by Adobe could also serve as a mean to remove a barrier to e-invoicing: adoption in a B2B environment.

E-invoicing is acknowledged to be an unstoppable innovation across and outside Europe. Taking a leap in the future, full scale e-invoicing would mean that the vast majority of organisation is not only sending e-invoices, but also –and this very important– receiving e-invoicing.

One of the results from a major survey conducted by e-business watch showed that most of the companies prefer to receive e-invoices per e-mail in PDF. This is not the answer that some of the BSP would like to hear. But it clearly shows that receivers are in need of control over the inbound e-invoice.

The intelligent PDF approach of Adobe does just that. It combines the humanly interpretable PDF with a for computer systems readable XML format. So now we can receive and read the PDF invoice and having established the perception of control over the e-invoice, we can now extract and import the XML data into our financial software.

This enables e-invoicing between business partners regardless of size, sector, business processes and accounting software. If in fact the intelligent PDF approach guarantees compliance with the respective national VAT legislation, it would also be usable in cross border e-invoicing.

Intelligence in authenticity and integrity?
Interestingly enough, the Adobe intelligent PDF whitepaper mentions the possibility to sign the PDF document. So the PDF document is the format that is being used for formal validation. The invoice’s XML data can be submitted for material validation against external documentation such as supplier contracts. E-invoices archived in PDF/A guarantee the fidelity of the invoice, while the use of XML ensures that invoice data can be transformed to any format required by auditing software.

Maybe it is also interesting to use the XML data for formal validation. This would implicate that not only the PDF document is signed, but also the XML file, for instance with XADES or XMLDSIG. Then, the XML feed can also be used for formal validation even when archived. Additionally it would be very interesting for SME’s to use the PDF document for material validation.

So, the Adobe intelligent PDF is more intelligent compared to the plain old PDF docyument. We can expect it to have an impact on removing the barrier of awareness, including the aspect of adoption by have the perception of being in control. And maybe the approach can be made even more intelligent by incorporating XML signing. This would be very interesting because then it would not matter which document is being used for formal validation: PDF or XML, or both. Creating ease of use (which will be explained in the next Featured Article).

Read the Adobe white paper here:

This article is from E-invoicing Platform. Read the original post at: Intelligent PDF: removing barriers?.

Further information:
OASIS Universal Business Language (UBL) TC
Download
Index of /ubl/os-UBL-2.0-update/mod/

Source: www.epractice.eu

This article is from E-invoicing Platform. Read the original post at: First release of OASIS UBL 2.0 IDD begins public review.

Read the entire article here:

This article is from E-invoicing Platform. Read the original post at: CEN / Adobe: Intelligent PDF and XML for legally valid electronic invoicing.

This article is from E-invoicing Platform. Read the original post at: Kofax acquires Swedish e-invoice software company OptiInvoice.

Microsoft’s treasury would like to migrate all of its financial messaging onto the XML-based standard, however the tardiness of banks and their own adoption of the standard for their treasury services, means that the project will be an “evolution” that will involve several phases, according to Ed Barrie, group manager, Treasury at Microsoft.

“The XML standard will give us more enriched data at a transactional level which we can put into specifically defined fields in our Enterprise Resource Planning systems,” says Barrie. “This will give us better STP and a single viewpoint for all of our payments information.

Microsoft’s treasury department handles global credit and collections, cash management and account opening and closing for the software giant covering 1100 bank accounts and 130 banking partners.

Microsoft is concentrating on its treasury statements primarily, before applying the ISO20022 standard to its payment flows. However the project’s success will be heavily dependant on the progress of its 130 banking partners.

“By next year we expect to have at least two banks converted and hope to have six or more,” says Barrie.

At least the ISO standard will not face unwelcome competition. According to Barrie, there will not be a rival standard to ISO20022. “It is the format that supports Sepa payments in Europe so that is driving adoption but it has mostly been on the bank to bank payments side. What we need to see is this adoption spread to the bank to customer side.”

Despite the slow progress, Barrie is confident that by next year’s Sibos event, there will have been some significant developments, helped by demonstrable evidence of the benefits of implementing ISO20022.

“We are now in the initial analysis stage but by next year we will see more tangible case studies that show a return on investment, the percentage of straight-through-processing and the level of cost involved.”

Source: Sibos Online

This article is from E-invoicing Platform. Read the original post at: Microsoft treasury pushes on with ISO20022 project as banks slow progress.