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Are you ready for the Chorus Pro mandate in France? Download this White Paper

The B2G e-invoicing on-boarding process in France kicked off last January with the Chorus Pro model. However, to date only 70,000 public entities and 214 large companies have adapted to this mandatory new system. From now on, the AIFE considers that over 1 million suppliers to the government still have to migrate. Next up are 4700 medium-sized companies obliged to take the plunge by January 1, 2018.

The regulation considers “intermediate” companies to be all those with 250 to 5000 employees and a billing turnover between 1.5 and 2 million.

Of course, the biggest surge will take place between 2019 and 2020 when SMEs and micro-enterprises will have to adapt, respectively. By then, the French executive expects that roughly 95 million invoices will be issued electronically each year This should achieve savings of €710 million per annum.

Download this White Paper on Facture Demat to find out all the details on this system.

Read the full post here

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