The US Department of Veterans Affairs (VA) has finalized actions to mandate electronic invoice submission from suppliers to the VA Financial Services Center (VAFSC). South-America style! The transition supports the requirements of the Improper Payment Elimination and Recovery Improvement Act signed by President Obama on January 10, 2013. The Federal Mandate is located in the Federal Registry at https://federalregister.gov/a/2012-28612. Thanks goodness for OB10!
Smooth e-invoicing
Since 2007, VAFSC has expanded electronic invoicing services through OB10, the electronic invoicing network. “Electronic invoicing is the leading technological solution that eliminates error-prone manual processing and prevents improper payments,” says Clint Loeser, VAFSC’s Director of Financial Operations. “Receiving e-Invoices from suppliers ensures a faster, more cost-effective and transparent payment process.” The VAFSC’s vendor-conversion plan will ensure a timely and smooth transition from paper to approved electronic invoice submission.
Cláudia Wada on