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 […]
Read more »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 […]
Read more »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 […]
Read more »The Billing Standard for Bank Services (BSB) is increasingly successful. General Electric and TWIST were awarded the 2008 Adam Smith Awards in the category Bank Relationship Management.
GE and TWIST won the award for the development of the BSB standard and their role in the successful implementation by Danske Bank and Barclays Bank. These awards are […]
Read more »About one month ago, it was distributed a draft of the conclusions of the EC electronic invoice experts regarding future regulation needs to push development and disemination of electronic invoices.
I was disappointed to find that one of the conclusions implies that electronic signature is seen as a barrier for further development of the electronic invoice, […]
Read more »Basware, the leading provider of financial process automation software, today announced that one of the largest global medical products companies has chosen the Basware Enterprise Purchase to Pay (EPP) solution. The solution will be implemented in the EMEA Region, covering some twenty countries, fifteen different languages and over 3,000 employees utilizing a Shared Services Centre approach […]
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The European Commission and the European Central Bank have welcomed a document published by the banking industry-backed European Payment Council that paves the way for a competitive single market for card payment card schemes by 2010.
The document, which takes the form of a Q&A, clarifies key aspects of compliance with the Sepa Cards Framework (SCF) […]
Source: Bo Harald: Blogger
It is evident - paper invoices will disappear from the business to business and business to government sectors and then later in practise also in the business to consumer/government to citizen area. The 5 mega-class reasons are exceptionally powerful and clear to see. Everyone will benefit - especially the consumers and tax payers.
It […]
Read more »It is evident - paper invoices will disappear from the business to business and business to government sectors and then later in practise also in the business to consumer/government to citizen area. The 5 mega-class reasons are exceptionally powerful and clear to see. Everyone will benefit - especially the consumers and tax payers.
It is only […]
Read more »Today’s business processes are to a large extent still paper-based, which results in inefficiencies as paper needs to be forwarded from one employee in a firm to the next either in the same firm or in another firm before it reaches its final destination.
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Source: Twist
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