Archive for Europe

25 Electronic Invoicing Providers sign Charter to ensure Free Interoperability, Roaming [updated]

25 companies specialized in the electronic invoicing operations gathered around GS1 France have officially signed the E-invoicing Interoperability Charter. This charter aims to reaffirm the free exchange of electronic invoices, especially when the electronic bill passes through two different operators.
The development of the E-invoicing Interoperability Charter began almost a year, as part of a working group composed of users GS1 France. It is the result of the will of GS1 member companies, publishers and operators of electronic invoicing solutions, to support the fast adoption of e-invoicing while adhering to legal electronic invoicing requirements.

Read More

Medius acquires Ascendo, adding 500 customers to its portfolio

Medius AB has acquired the assets and bankrupt’s estate of the Swedish procure-to-pay and invoice process provider Ascendo Systems AB. The deal covers Ascendo’s assets and Medius acquires Ascendo’s products, competence and customer base with more than 500 satisfied customers.
The acquisition is in line with Medius’ growth strategy and strengthens their position on the Swedish market.The business will be managed from Ascendo’s office in Östersund, from which solutions and customer relationships will continue to be supported, maintained and developed.

Read More

International e-invoicing for Coca-Cola through OB10

October 1, 2013  |  Electronic Invoicing, Europe

OB10 is selected by Coca-Cola Hellenic Bottling Company (HBC) to support its finance transformation goals. Active in 28 countries and one of the largest bottlers of The Coca-Cola Company products, Coca-Cola HBC is rolling out a range of OB10 services, including e-Invoicing, Invoice Archiving, Purchase Order Services and the Invoice Status Service for the benefit of the business and its suppliers.
Luke McKeever, CEO at OB10, says, "It is a pleasure to welcome Coca-Cola HBC to the OB10 network. We look forward to supporting its e-Invoicing journey and delivering the advantages of straight-through processing and invoice automation.

Read More

Not yet SEPA ready? Time for a plan B!

October 1, 2013  |  Compliance, Europe, Payment

Are you not ready yet for SEPA? Or just about to, but you don't know for sure to meet the 1 February deadline? Or maybe you haven't put SEPA on your agenda yet? Rest assured, you are not alone. A PWC SEPA Readiness Monitor shows that many companies like you face the same problems.
Many companies don't know if or when they are SEPA ready. However this doesn't change the deadline of 1 February 2014: if your company isn't ready by that date, there's a big chance that you won't be able to receive credit transfers or pay your bills. So, make sure to have a Plan B. Want to know how?

Read More

Italy loses EUR 1.1bln a year

October 1, 2013  |  Adoption, Electronic Invoicing, Europe

The delay in implementing the digital agenda costs Italy EUR 1 billion per month, according to estimates by the Digital Agenda Observatory of the School of Management of the Milan Polytechnic. It said adopting electronic invoicing for public administration could lead to a saving of EUR 1.1 billion per year, while the introduction of IT services in health care could generate savings of EUR 6.5 billion per year.

Read More

Poland plans to use PEPPOL for B2G electronic invoicing

Sebastian Christow, Director of Electronic Economy, Department of the Polish Ministry of Economy, revealed at the EXPP Summit that Poland is to adopt PEPPOL for B2G e-invoicing After Norway, Denmark, Sweden, France, Italy, Austria, Ireland, Poland is the next country to implement PEPPOL. Though the PEPPOL project ended last year, the results are now administered in the OpenPEPPOL community.


After one year of operation, the OpenPEPPOL Association counts almost 80 member organisations from the private and public sector across 17 countries, with over 60 Access Point providers.

Read More

Basware Alusta to deliver AP automation services for Tele2 in Norway

September 25, 2013  |  Electronic Invoicing, Europe

Basware will deliver AP Automation services to Tele2 Norge AS, a Norwegian provider of telecommunication services. The acquired services are powered by Alusta, Basware's unified cloud-based platform for Purchase-to-Pay. The specific Basware services to be delivered include Invoice Automation, Scan & Capture, Supplier Activation and Supplier Portal. The value of the agreement is approximately EUR 300,000 over the next three years. The services will be implemented during the second half of the year.

Read More

Will simplified e-invoicing help contain the EU shadow economy? An analysis

There probably is no such thing as coincidence. First, the European Commission published a report estimating €193 billion in VAT revenues (1.5% of GDP) were lost due to non-compliance or non-collection in 2011. Second, A.T. Kearney in association with Visa and Dr. Friedrich Schneider published there yearly report called "The Shadow Economy in Europe", which looks at the “legal business activities that are performed outside the reach of government authorities.”
Together both reports state that electronic invoicing could help governments to contain tax evasion and the shadow economy. Is that so?. let's take a thorough look at that.

Read More

The new EU e-procurement directive. Dead on arrival? About PEPPOL, SEPA and GSM

September 23, 2013  |  Europe, Government, Purchase-to-pay

In a series of posts Mikkel Hippe Brun from Tradeshift discusses the new EU B2G e-procurement and e-invoicing directive. Mikkel makes the comparison to the successful PEPPOL infrastructure and wonders why the draft directive on B2G e-procurement and e-invoicing calls for a blank slate – effectively ignoring the success and hard work of several member states in demonstrating a scalable solution for Europe.
Mikkel also takes a look at the success of the GSM standard in Europe and what it meant for the European telco industry. And between the lines you can read about the danger that just like SEPA, the EU gets stuck with a pan European system that throws away the efficiencies, first mover advantages and great lessons learned by the Nordics.

Read More

Formpipe chosen as vendor for 160mln Euro Danish public sector frame agreement

September 22, 2013  |  Digitalisation, Europe, Government

Formpipe has been chosen as vendor for the Danish SKI frame agreement regarding IT Solutions and Maintenance. SKI expects the agreement to be worth 1,2 billion Danish Krones, 160 million Euro. The entire SKI frame agreement consists of 18 sub-agreements. Formpipe decided to bid for three; Case and Document Management, Collaboration and Digital Self Service, and was top rated in all three of them.
SKI frame agreement is a central agreement, available for all public agencies, ministries, regions and municipalities enabling clients easier access to vendors and offerings. This agreement replaces the previous agreement that expired February 2012.

Read More