We were struck by something very interesting while doing research for an article on Taiwanese e-invoicing. Apparently, Taiwan has a uniform invoice lottery. It is a from of state lottery managed by the Ministry of Finance (MOF). The primary goal is to prevent tax evasion by businesses. What a great idea…
Read MoreDriven by the success of their online billing services, the Uttar Pradesh Power Corporation Limited (UPPCL) decided to soon open another set of online payment facilities at 168 centres across India. Officials say that 168 more centres would be added in a phased manner to the already existing 32 centres
Read MoreThe guidelines are necessary as data showed that the number of e-invoices had increased by 40% in 2009 from 2005. In the past, the cost of handling an invoice was about €30 (US$39.70). After the e-invoice system is implemented, the savings are expected to reach up to 80%
Read MoreZain Bahrain, a telecommunications operator in (surprise, surprise) Bahrain, announced the launch of a new e-invoice service for its customers
Read MoreIn 2000 the Taiwanese Ministry of Finance (MOF) launched its plan to promote electronic invoices. “We now have an e-invoice integration platform on the internet, where all transaction information is saved and can be retrieved,” said Su Chun-jung, director-general of the Financial Data Centre
Read MoreThe Thai Revenue Department has issued a regulation that allows approved VAT registrants to raise and send tax electronic invoices and receipts to their customers. Also, there will be no requirement to print out and deliver those documents in hard copy
Read MoreProgressSoft and EbpSource have announced a Partnership , to bring advanced E-billing and payment capabilities to Middle East banks and billers. Cape Town goes live with SAP electronic billing system, providing tailored e-billing services. And more: Striata and Tricubes partner to secure nationwide Malaysian eBilling initiative myemail.my
Read MoreThe platform provides transaction brokering between buyers and suppliers, enabling invoices to be delivered, received and processed electronically as easily as an email. This streamlines accounting processes by cutting out paper documents
Read MoreAn extremely innovative solution from ISIS Papyrus for the China Trust Bank. With it the China Trust Bank has achieved an adoption degree of 24% within 3 months now sending 60,000 emails per day on average. The e-statement is completely personalized and contains customized video marketing messages. The click-rate on the marketing messages will be monitored daily and marketing messages can be exchanged per run
Read MoreThe Vietnamese General Department of Taxation (GDT) encourages businesses to use e-invoicing and plans to take part in a pilot project to facilitate their application
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