Updated draft law on e-invoicing to the Swedish public sector

February 9th, 2018 by in Electronic Invoicing, Europe, Government, Standards

Effective 1 April 2019, all contracting entities shall exclusively receive and process electronic invoices. Also effective as of this date, all suppliers to contracting authorities shall exclusively send electronic invoices to the contracting authorities. And there’s more!

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EU Commission publishes proposal authorizing Italy to implement mandatory e-invoicing

February 9th, 2018 by in Compliance, Electronic Invoicing, Europe, Mandatory

The EU Commission proposes to decide that Italy is authorised to accept documents or messages only in electronic format as invoices if they are issued by taxable persons established in the Italian territory

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Update. A 3rd European Multi-Stakeholder Forum on E-invoicing is on its way

February 8th, 2018 by in Cooperation, Electronic Invoicing, Europe

Didn’t you hear? It was all over the news, the publication of the European Commission Decision C(2017) 5580 final of 14.8.2017 on the setting-up of the Third European Multi-Stakeholder Forum on Electronic Invoicing. And from looking at its tasks, it is a good thing that a major marketing and communications initiative was undertaken to make sure that each and every stakeholder became aware of the this third EMSFEI era. 

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GEP partners with TrustWeaver to offer globally compliant e-invoicing

February 6th, 2018 by in Compliance, Electronic Invoicing

As a result, GEP customers can be certain at any moment that the invoices they receive through GEP meet tax requirements in 59 countries for integrity, authenticity, real-time government ‘clearance’ and compliant archiving.

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Foriba to make new expansions to Europe, Latin America, Asia Pacific and Central Asia.

February 6th, 2018 by in Asia, Europe, Latin America

Whether the country has regulatory obligations or not, if a client in any country, uses the Foriba common platform, they would be in compliance with invoicing and audit format of the country that they are in service.

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A review of electronic invoicing methods: EDI/XML, Portal and PDF

February 6th, 2018 by in Adoption, Electronic Invoicing

In this review we outline the three main types of electronic invoicing methods and consider the strengths of each: the ease of installation, the on-boarding rates, data accuracy, and the costs involved to your business and your suppliers.

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Basware predicts the end of OCR

February 5th, 2018 by in Digitalisation, Electronic Invoicing

“That is why OCR is going to go away. Basware has a way to read those PDF invoices without using OCR, resulting in accurate, real time data at a fraction of the cost.”

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Basware sells its Financial Performance Solutions and Banking businesses

Basware Corporation has signed an agreement to sell its Financial Performance Solutions and Banking businesses to Verdane Capital, an active owner of technology-enabled growth companies in Northern Europe.

The combined sale price of the two businesses is approximately EUR 35.0 million, subject to certain adjustments. In 2017, the net sales of the business operations agreed to […]

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Paperless by Sovos product has achieved government certification for compliant e-invoicing in Colombia

The latest addition to the Sovos Intelligent Compliance Cloud safeguards companies doing business in Colombia from mounting risks and costs related to real-time reporting mandates.

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Tradeshift selects Trustweaver as strategic partner to enhance e-invoicing compliance

Through a seamless, cloud-based integration by TrustWeaver, Tradeshift guarantees a larger spectrum of its customers’ electronic invoices subjected to VAT requirements meet compliance regulations.

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