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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Italy’s e-invoicing mandate, Trustweaver will help you remain compliant

The Italian e-invoicing mandate resembles the status in many Latin American and other emerging economies: the invoice must be submitted to an online government platform before it is considered as issued for tax purposes.

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SupplyOn choses CloudTrade’s patented e-invoicing technology to serve 60,000 global customers!

January 31st, 2018 by in Cooperation, Electronic Invoicing

Among SupplyOn’s 60,000 customers are international brands including Airbus, BMW Group, BorgWarner, Bosch, Continental, DEUTZ, Kautex Textron, Liebherr, Safran, Schaeffler, Schindler, Siemens, Thales, and ZF.

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VAT Number Validation and the VAT Information Exchange System (VIES)

January 24th, 2018 by in Compliance, Europe

SNI? ?VIES? solution is an SAP Add-on? is integrated with the European commission database and able you to verify any VAT number online directly from SAP.

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Top three challenges of SAP-based e-invoicing and VAT reporting

As tax authorities in Latin America, and now Europe, adopt new e-invoicing and e-accounting initiatives, companies are realizing that SAP is not equipped to support the unique needs from country to country.

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