The EESPA annual survey results are in: >1 billion B2B, B2G and B2C e-invoices processed!

European e-invoicing service providers report a significant growth of 27% and over 1 ¼ billion processed e-invoices in 2015.

1 252 million electronic invoices were processed and delivered in 2015 by members of the European E-Invoicing Service Providers Association (EESPA), based on a set of survey results completed in July 2016. This represented a significant growth of 27 per cent over 2014 volumes of 985 million.

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Tungsten Network expands spend analytics offering, with new free-to-use platform

September 12th, 2016 by in Procurement, Purchase-to-pay

This resource will allow buyers to analyse their own invoice data, offering comparisons against past spending patterns, often uncovering significant opportunities to make savings.

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FATCA, CDOT and LATAM cross-border requirements: Building blocks toward comprehensive common reporting standard

September 12th, 2016 by in Compliance, Latin America

What started within individual countries to maximize tax revenues within their own borders has grown into regional – and now global – alliances to share information that will cut down on fraud at both the corporate and individual levels.

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e-Invoicing e-book: Crossing the Supplier Adoption Chasm

September 8th, 2016 by in Adoption, Electronic Invoicing, Publications

This e-book illustrates how to onboard suppliers with e-invoicing as part of a smart invoice project, and suggests a possible approach to achieve sustainable e-invoice adoption.

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TechCrunch: The EU’s new regulatory environment might help fintech flourish

If fintech companies want to be a better alternative, they need to gain the trust of the consumer.

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Data Interchange is ‘UK Government’s G-Cloud 8 framework’ compliant

September 8th, 2016 by in Digitalisation, Europe

….making its Digital Invoice, SmarterPay Cloud, DVLA vehicle keeper service and HMRC RTI submissions solutions available to purchase by public sector agencies of all sizes through the government’s Digital Marketplace.

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e-Invoicing and e-Archive Invoicing in Turkey, an update

e-Invoice system is a structure that circulates only among the registered users. The invoice recipient is required to be on the list of registered users of Revenue Administration (GIB) in order to be able to perform e-Invoice transmission.

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VAT Gap: Nearly EUR 160 billion lost in uncollected revenues in the EU in 2014

September 6th, 2016 by in Compliance, Europe, Featured Articles

A staggering €159.5 billion in Value Added Tax (VAT) revenues were lost across the EU in 2014 according to figures released by the European Commission today.

Compared to 2013, the 2014 VAT GAP has decreased by €2.5 billion but individual performances of Member States still vary enormously when it comes to VAT compliance. Some 18 Member States showed an improvement in their figures, while eight Member States failed to collect more VAT revenues than the year before.

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Infographic: A beginners guide on electronic invoicing in Europe

September 6th, 2016 by in Electronic Invoicing, Europe, Publications

In the coming years e-invoicing will become a key part of Europe’s, even the global digital economy. Big businesses and governments all over the world are already using it, and smaller businesses are not far behind. Zervant made an infographic about it.

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Pagero establishes Benelux operations in Amsterdam

September 6th, 2016 by in Electronic Invoicing, Europe

Pagero sets up Benelux offices in Amsterdam to meet the increased market demand in the region and as yet another step in our ongoing internationalization process. With a local presence Pagero is able to offer their local customers improved support.

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