PayPal and OB10 team on e-invoicing

September 13th, 2008 by in Uncategorized

PayPal has teamed with electronic invoicing outfit OB10 to create an automated e-invoicing application for the UK business community.

Under the partnership, invoices sent by PDF will incorporate a PayPal button which the customer just clicks to arrange payment.

The payments can then be made by credit and debit cards, bank transfers or PayPal balance, meaning customers [...]

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Basware among five largest ePurchasing Vendors

September 12th, 2008 by in Uncategorized

Basware among five largest ePurchasing Vendors Globally according to Independent Research Firm  Independent Report Estimates ePurchasing Software Market Growth to Continue at above Average Rate

Basware Corporation, a leading provider of Enterprise Purchase to Pay solutions, was among the select companies evaluated in the September 2008 Holistic View: The ePurchasing Software Market report published by Forrester [...]

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European Commission and e-invoicing

September 9th, 2008 by in Uncategorized

What is e-Invoicing?
Electronic invoicing - e-Invoicing - is electronic transfer of invoicing information (billing and payment) between business partners (supplier and buyer).

More information on the current legislative environment for e-Invoicing:

- Council Directive 2006/112/EC on the common system of value added tax

- Council Directive 2001/115/EC on the conditions laid down for invoicing in respect of value [...]

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Oracle On Demand Now Integrates E-Invoicing and Imaging into Financial Solutions

September 7th, 2008 by in Uncategorized

Oracle On Demand customers can now rapidly extend their Oracle financials solutions to include the 170 MarkView Financial Suite, a set of products from 170 Systems that integrates unstructured content such as paper, faxes, spreadsheets, and e-mail into key finance processes, from accounts payable to asset management.

“Because our products are already deeply integrated with Oracle [...]

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Legal uncertainty hinders electronic invoicing, says EU task force

September 6th, 2008 by in Adoption, Electronic Invoicing

Electronic invoicing is underused across the EU due to technical complexity, legal uncertainty and operational constraints, according to a European Commission task force. A new e-invoicing framework could cut business supply chain costs by €243 billion, it claims.

Invoicing is central to the cash flow and liquidity of any trading organisation. Small improvements in efficiency can [...]

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Finland still lagging behind in consumer e-invoicing

September 5th, 2008 by in Adoption, Electronic Invoicing

Denmark holds lead in consumer and business e-invoicing
Finland has yet to make any headway with regard to switching to the e-invoicing of consumers, even though we are already one of the international leaders in business-to-business e-invoicing. According to an extensive Itella Information survey, Denmark holds the lead in both consumer and business e-invoicing. The survey [...]

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Co-operation between Basware and Expert Systems increases e-invoicing

September 4th, 2008 by in Electronic Invoicing

Basware and Expert Systems have entered into an agreement to further expand e-invoicing in Sweden. Customers of Expert Systems are now able to send e-invoices to all Basware customers and vice versa.
Customers of Expert Systems have previously been able to send e-invoices to other customers. As a result of the new e-invoicing operator connection between [...]

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E-invoicing could help firms through recession

September 3rd, 2008 by in Uncategorized

E-invoicing could help businesses cut costs as they brace themselves for recession.

The technology is moving to the mainstream as the European Commission pushes it as part of its drive to cut costs in supply chains.

The Corporate Action on Standards project, set up by the European Payments Council, said that e-invoicing allows companies to cut the [...]

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Corporates go live with RBS e-invoicing

September 2nd, 2008 by in Uncategorized

Three large businesses will this month start using a service that enables them to automate the distribution and payment of invoices.

The companies have signed up to use an e-invoicing service from Royal Bank of Scotland (RBS) which links into their ERP systems. The service replaces slow paper invoicing which relied on people and the postal [...]

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eInvoicing: VAT – Review of existing legislation on invoicing

September 1st, 2008 by in Featured Articles

The European Commission has launched an online consultation to ascertain the views of businesses on the review of the existing legislation on VAT invoicing. In particular, it focuses on matters in relation to VAT and eInvoicing. Interested parties are invited to submit their comments by 19 September 2008 at the latest.

The consultation is based on [...]

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