OB10 supports ZUGFeRD e-Invoice standard for greater adoption among German SMEs

March 26, 2013  |  Electronic Invoicing, Europe, Standards

ZUGFeRD has been developed by the German Federal Ministry of Economics and Technology (BMWi), the Federal Ministry of the Interior, and BITKOM, the Federal Association for Information Technology, Telecommunications and New Media, and includes input from OB10.

The standard will help more small-to-medium-sized enterprises benefit from electronic invoicing by sharing structured invoice data within a PDF invoice. ZUGFeRD ensures the file complies with legal requirements, and can be easily read and processed without manual intervention. A PDF invoice alone is as prone to errors and compliance failures as a paper invoice.

Using ZUGFeRD, OB10 is able to provide e-invoicing adoption to a growing number of German SMEs willing to start with e-invoicing and invoice automation.

Dr Donovan Pfaff, CEO, Bonpago and head of the working group: “The definition of the ZUGFeRD standard is a major contribution to the adoption of e-Invoicing in Europe. We focused on defining the processes and value-added services required to establish electronic documents in daily life. The group was very pleased to benefit from OB10’s experience.”

Markus Hornburg, Managing Director, OB10 Germany: “OB10 customers can already make use of the ZUGFeRD standard. ZUGFeRD, in conjunction with OB10, brings compliant, straight-through processing to PDF invoices, which are used by many SMEs. We are the first global service provider to support its development and are delighted to offer it to our network members.”

Related Posts

Comments are closed.