Next to the SimplerInvoicing initiative, the Netherlands has witnessed yet another initiative to stimulate the uptake of e-invoicing using UBL. Translated into proper English, it is called the “UBL Chain Test.” I participate this project, and so are already 63 other organisations since the start early December 2014!
The goal is to facilitate the majority of the providers of bookkeeping software and related services to make it possible for them to help companies and public organisations to create, send, receive and process UBL e-invoices.
The Heineken story is quite impressive. In addition to all the great things you know about the brand, Heineken has achieved great success in their finance department over the past few years with a combination of accounts payable automation and e-invoicing.
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Whitworths made the decision to change EDI providers when it became clear that integrating its incumbent EDI solution with its new ERP system would be costly and require considerable internal resource.
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The US Office of Management and Budget is developing new guidance that would strongly encourage agencies to use only the Invoice Processing Platform (IPP) for electronic transactions.
The US Office of Management and Budget (OMB) is circulating a ‘Comply or Explain’ draft memo that wouldn’t quite mandate the use of the IPP, but it would require agencies to justify why they wouldn’t use the IPP. Federal CFOs currently are commenting on the draft guidance.
Medius is selling its Microsoft Dynamics ERP consulting business, Medius Dynamics AB, to Danish IT group EG in order to put a sharper focus on its objective to be the leader in cloud-based AP invoice automation.
Read MoreThe enhancements provide finance and procurement departments with a fully comprehensive solution that delivers greater control and management of all business revenue and expenditure, giving complete oversight of the entire P2P process.
Read MoreTradeshift wants to fundamentally change the way business works. From the smallest independent contractor to the biggest corporations on earth, Tradeshift is working on connecting the dots to create a new cloud-based framework that supersedes everything that came before.
Everything Tradeshift does is centered around creating value over profit maximization, transparency and knowledge sharing, collaboration over command and control and last but not least: empowering the individual over micro-managed processes.
![When will the trade finance world see the future? [Opinion]](https://eeiplatform.com/files/wp-content/themes/bigfeature_parent/library/timthumb/timthumb/wp-content/blogs-dir/1/files/no-thank-you1_w_528_zc_1_a_c.jpg)
Companies are moving into open account trade relations. Banks’ role is limited to money transfer and fees made, in letter of credit methods are now gone. Apparently with the Bank Payments Obligation, SWIFT has once again thought to have found a cure (after its failed TSU product) to recapture the dying trade income.
Read MoreOrbit UK is a leading provider of B2B EDI solutions for the insurance sector and won a significant multi-year contract from LV= to provide a fully managed EDI solution. LV= uses EDI to exchange time and business critical insurance policies and other documents between itself and its broker partners.
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Basware is the first e-invoicing service provider that has a made a connection with the new Belgian B2G e-invoicing platform, called Mercurius. And not long ago, Electrabel was the first to send an advanced structured e-invoice (compared to PDF) to the Belgian government via the Mercurius platform.
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