With the EU Parliament’s approval of a European standard for e-invoicing in public procurement, we got one step closer to the creation of a true digital single market in Europe. Now, it is time to accelerate the journey towards full digitisation, writes Martin Hurley in his article “Removing barriers to e-invoicing” at EurActiv.
Martin Hurley is the vice president and general manager of outsourcing services at Ricoh Europe, a technology company specialised in office equipment.
In 2013 the European Late Payment Directive came into effect. It allows EU companies to maximise their payments period to 30 days. Only with mutual consent can contracting parties increase the payment period to a maximum of 60 days.
Sounds nice. But in the B2B and B2SME sectors the Late Payments Directive seems to be all bark and no bite. What is going here?
In July 2014, after a decade of using electronic invoicing in Mexico, AMEXIPAC will host the First International Tax and Invoice Forum, where European and Latin American service providers, together with companies related to the field will be invited.
The announcement comes shortly before news came out that the number of issuers of electronic bills increased by 250 percent in the first two months of the year compared with the total of 2013. This is the result of the Mexican mandate that taxpayers with annual incomes up to 500 thousand pesos have to use e-invoices.
About the the First International Tax and Invoice Forum
With the use of electronic invoicing countries have seen remarkable advances in greater efficiency in the collection of taxes and auditing tasks. For taxpayers, it has resulted in safety benefits for their business transactions, administrative efficiency and significant savings by reducing human intervention in the process of payments to suppliers and delivery to customers.
This high-level meeting will be open to the exchange of ideas on best practices, experiences and opportunities of developing models that link technology to the management of electronic tax receipts. It is expected to have the assistance of representatives from nearly 50 countries and about 100 Mexican class companies, users of electronic invoicing.
Javier Vega Flores AMEXIPAC´s President:
“After 10 years’ experience of electronic invoicing, Mexico has managed to position itself as one of the most important cases of global success. We are pleased to invite colleagues from around the world to promote dialogue and feedback that will allow us to learn from the experiences of others, and share our progress.”
There is a very interesting LinkedIN discussion going on regarding interoperability in Europe. What to choose from with platforms in place like OpenPEPPOL, GS1, OpenPEPPOL, SimplerInvoicing, HubAlliance and so on? Or maybe you want to stick with the proprietary platform of the largest e-invoicing service provider(s)? And even though they are all promoting the same cause (interoperability), it sometimes seems as if their different -business- perspectives on interoperability are having an effect on the current interoperability uptake.
Read MoreBecause we love this infographic/poster/board game from Esker so much, we wanted to present it to you. It drills the e-invoicing compliance and decision making process down to a board game. All credits to Esker and the creative director of this neat little project! Check it out underneath or download the PDF, and give it a go.
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Commissioner for internal market and services Michel Barnier said the move to e-invoicing would “contribute to eliminating barriers to cross-border public procurement” and could generate savings of €2.3 billion per year across the EU. However as “it would take 3 years to deliver the standard and that would be followed by another 3 years to deploy it”, this move to e-invoicing is way to late to help make the 2020 EU e-invoicing ambition a reality… It’s time for mandatory EU e-invoicing.
Read MoreShortly after the UK announced the new rules on einvoicing, the Belgian VAT authorities issued Circular Letter 14/2014 of April 4, 2014. And it won’t come as a surprise that this new einvoicing rules neatly follow the EU Directive. So, the letter provides comments regarding the conditions of e-invoicing and guidelines regarding the implementation of e-invoicing and archiving.
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For four of the UK’s top eight temperature controlled logistics businesses, Atlas is there e-invoicing service providers. These four companies are: NFT, Culina Logistics, Yearsley Logistics and Grocontinental. And thanks to Atlas these four are achieving substantial cost and efficiency savings with Atlas’ secure e-invoicing service. And there is more!
Read MoreOpenPEPPOL is celebrating an important milestone as Ricoh Nederland B.V., a Dutch service provider currently setting up a PEPPOL Access Point, became the 100th new OpenPEPPOL member.
Growing faster than any other e-interoperability initiative in Europe (perhaps even globally), we thought it would be nice to write down some facts and figures on OpenPEPPOL.
In a matter of weeks Top Images Systems, announced several developments; showing its increasing footprint in AP automation, scanning and mobility. The first example is that Top Image Systems and OPEN SCAN Announce a mobile image processing partnership. Next Top Image Systems and Konica Minolta Business Solutions Spain announces that they were going to deploy their eighth joint project.
Finally Top Image Systems announced to have won a $342,000 Multi-ERP AP Automation deal at a leading European dairy producer.
