Archive for Featured Articles

The USA are preparing to select a technical e-invoicing standard

The USA are preparing to select a technical e-invoicing standard

Today, it is calculated that over 250 e-invoice service providers operate in the U.S. market. They create, send, and receive more than 15 different e-invoice formats and 40+ different subsets, creating a complex and diverse environment for electronic invoicing in the U.S. The “Catalog of Electronic Invoice Technical Standards” It should lay the foundation for the U.S. market on selecting an invoice standard to accelerate the adoption of electronic invoicing by U.S. businesses.

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Introducing our latest sponsor: Logo E-business

We are pleased to introduce to you our latest sponsor: Logo E-business. With Logo e-Business solutions, you can quickly and confidently manage your financial processes and data transfers with your e-Government processes, suppliers, users or other companies.

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Conference: “UBL E-invoicing, a daily practice” | 13 December 2017 | The Netherlands

On Wednesday 13 December 2017 a the second edition of the event “UBL E-invoicing, a daily practice” will take. This event is scheduled from 13:00 to 19:00, near the city of Utrecht in The Netherlands. It is expected that some 150 professionals will attend the event.

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Will Italy be the first with mandatory B2B e-invoicing in the EU?

As from 2019 all business to business transactions for the supply of goods and taxable services would have to be submitted through the Sistema di Interscambio: The clearance model!

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The 4th EESPA annual survey results are in: >1,6 billion B2B/B2G/B2C e-invoices processed!

The 4th EESPA annual survey results are in: >1,6 billion B2B/B2G/B2C e-invoices processed!

1 615 million electronic invoices were processed and delivered in 2016 by members of the European E-Invoicing Service Providers Association (EESPA). This represented a significant growth of 29 per cent over 2015 volumes of 1 252 million. This year for the first time EESPA asked the question ‘what is the average value of an invoice processed by your firm?’. The figure derived from the relative limited range of responses was EUR 5868. On this basis, the total value of the reported invoices processed was EUR 9 477 billion.

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Italy to launch CIUS-IT: the first CIUS based on e-invoice standard EN-16931 [UPDATE]

It will be interesting to see which countries will also implement EN-16931 together with a CIUS and how it will differ from this and other CIUS-es.  And that raises an other question: does your financial software allow for country specific invoice templates based on UBL? Is it CIUS-ready? This could become a big uh-oh for the successful adoption of e-invoicing in Europe.

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China introduces blockchain to increase tax revenues and e-invoicing efficiency

China introduces blockchain to increase tax revenues and e-invoicing efficiency

Recently, the Chinese government announced that it will utilize blockchain technology for social taxation, increased tax revenue and electronic invoicing. The blockchain network is currently in development  and will be fully operational in October of this year. The name of this blockchain will most likely be GACHAIN: Government Affairs BlockCHAIN

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The Q2 E-invoicing Yearbook 2017 is now available [Free download]

The Q2 E-invoicing Yearbook 2017 is now available [Free download]

In the second quarter of 2017 the E-invoicing Platform published 103 posts which we -for the purpose of the E-invoicing Yearbook- sorted into the following sections: - Featured providers - Opinions - Mandatory and compliant e-invoicing - Interoperability and standardisation (in Europe) - Case studies - News in general - Downloads, infographics and more - Beyond e-invoicing: innovative and new services - Acquisitions, mergers and funding - Around the globe This edition of the E-invoicing Yearbook has been developed with the support of: AcceptEasy, B2B Router, Basware, BuzonE, Cegedim, CloudTrade, Comarch, Corcentric, D Soft, Data Interchange, Edicom, EESPA, eFinans, First B2B, FIT Solutions, Invoiceware International, ISProjects, Order2Cash, Palette, Pagero, ProQuro, SNI, S4FN, Taulia, TIE Kinetix, TrueCommerce, Trustweaver, UBL Ready, Ventia, WorkFlowWise. 

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My suggestion for the CEF Telecom 2017-3 call for proposals on e-invoicing

Doesn't it feel a bit weird that EU community money (!) was spent on a new standard that is aimed be used by everyone, mandated (!) in the EU, but that is not freely available (!) because CEN holds the IP rights (!), and meanwhile there is €4 million available to promote adoption of this standard?

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First UBL+PDF demo invoices based on the EN 16931-1 E-invoicing Standard now available!

To support organisations that have to or want to implement this new EN 16931 standard, UBL Ready set out to develop demo reference files based on the UBL syntax and fully compliant with EN 19631. These files are now publicly available. The demo invoices are available in both UBL and PDF format with an explanation on the structure and calculation of the invoice.

UBL Ready currently provides the following demo files:

1. An extensive e-invoice with multiple VAT rates, discounts and surcharges – UBL + PDF

2. The extensive e-invoice, with additional UBL elements allowed by EN 16931 (though not necessary) – UBL + PDF

3. Credit note based on the extensive e-invoice – UBL + PDF

UBL Ready is currently working on other demo e-invoice files based on EN 16931, as well as working on a conversion guideline for those that already implemented UBL2.1/2.0.

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