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. Fried

OMG! An inconvience fee for both paper bills AND online bill payment??

More and more companies are forcing their customers towards online bills. Because your suppliers themselves can save so much by discarding paper invoices. And if you still wish to receive one, you now suddenly have to pay for it. Big time! As if you are the cause that a

EDI: bright past, how about the future? A fenix in disguise?

EDI (Electronic Data Interchange) is a document standard that is typically used in supply chain for exchanging purchase orders, order confirmations and invoices. Another field is logistics, for example third party logistics providers (3PL) and transportation. Despite o

Basware and MasterCard launch e-payment: getting paid sooner as well as a longer payment due date

It is probably one of THE most important trends in e-invoicing: getting your invoice paid sooner upon approval, whereas you buyer's payment term is extended in the meantime. Not so long ago Tradeshift started a similar initiative with CapitalAid. And now Basware and Mas

Be aware! The end of the Portuguese SAFT-PT grace period is near

On 15th October 2013, the grace period extended by the Portuguese customs and tax authorities to businesses for implementation of the new electronic model for the control of goods movements in Portuguese territories comes to an end. After 15 October 2013, the tax admini

How e-mail and online billing made US Postal financially unsustainable [disruptive]

Twelve years ago, 2001 marked the all-time peak in first-class mail volume. At the time, U.S. mail volume was greater than ever, but there was concern that the online revolution might reverse that trend quite soon. But Susan Brennan, te U.S. Postal spokeswoman at the ti

About

The E-invoicing Platform (formerly known as EEI Platform) is the independent platform for professionals around electronic invoicing and invoice processing. ;height:389px" 1. Background of e-invoicing E-invoicing and invoice automation promise to unlock major ben

Electronic invoicing in Kazakhstan as from July 2014

Late 2011 we already wrote about e-invoicing in Kazakhstan. At that time the Deputy Chairman of the Tax Committee Argyn Kipshakov said that Kazakhstan was to switch to electronic invoicing as from 1 July 2012. But that has been postponed to July 2014. As from October 20

eBilling efficiencies in the Auto and Workers’ Compensation Markets [Survey]

The workers’ compensation industry has been moving towards eBilling technology, including alignment with the Accredited Standards Committee (ASC) X12 electronic standard healthcare standard transactions over the past several years. The recent upgrade on January 1, 2012

Basware and BravoSolution present Global Source-to-Pay Solution

Where BravoSolution offers spend analysis, eSourcing, contract management and vendor management solutions, Basware focusses on the automation of procurement and accounts payable processes. And by combining both technologies and process expertise, the partnership can ext