Join this webinar for an interesting conversation with Bruno Koch, a leading expert in the e-invoicing industry. We will cover e-invoicing trends and discuss what the new e-invoicing standards mean in practice for organizations. As the author of the recognized Billentis report, Bruno Koch has a good vantage point to reflect on the present and future developments in the e-invoicing market.
11. Audience Poll
• What is the status of your digital readiness regarding compliance with the new EU regulations?
• 1) already implemented,
• 2) currently implementing,
• 3) haven’t started yet,
• 4) I don’t know
6.4.2018 OpusCapita / Karoliina Haikonen11
13. What is Driving the Trends in e-invoicing?
Legislation process
Global and consolidated
Business process
Local and fragmented
Efficiency
Cost per user
Cost per transaction
Public revenue
Visibility
Process Archive
Invoice lifecycle
Clearance (Real time controls,
ex: Lat-Am, Asia, Russia)
Post Audit (Audit years later,
ex: EU, Australia)
Two main legal approaches in the world
Issuing,
format, infrastructure
Archiving,
format,
14. MESSAGE FORMATS
ZUGFeRD X12
UBL Finvoice
EDIFACT ISO20022
UN CEFACT Fattura E
How Does E-invoicing Work?
Sales
Customer Satisfaction
Compliance
Cost
Supplier
Cost
Automation
Compliance
BuyerINFRASTRUCTURE
Peppol RosettaNET
Email Webservice
X400 National
IDENTIFICATION
DUNS IBAN
GLN VAT ID
ORG LEI
To whom? How?
Business process
What?
15. Trends and Developments in Infrastructure
Driven by strong
buyers or local
legislation
• Easy to manage and regulate
• Requirements per country influencing the way of
working in particular country
• Fragmented way of working
• Mainly support for B2G traffic
SUPPLIER
BUYERBUYER
SUPPLIER SUPPLIER
BUYER
Service
Provider
Service
Provider
Service
Provider
Four Corner
• 163 Certified Access Points,16 EU countries, plus Canada and USA
• 9 PEPPOL Authorities
• More than 100.000 entities receive PEPPOL BIS invoices
• 264 OpenPEPPOL members from 27 countries
Standardised interoperability
infrastructure supporting the whole
business process flow
Support for both - B2B and B2G traffic
SUPPLIER
BUYERBUYER
SUPPLIER SUPPLIER
BUYER
Service
Provider
Service
Provider
Three Corner
16. Trends and Developments in Standards
EN 16931-1 driven from Directive 2014/55
Electronic Public Procurement (CEN TC 440)
Locally driven standards – public
Sector mandated
EU - Spain, Italy, Slovenia etc
Lat-Am – Mexico, Chile, Brazil etc
Others - Australia etc
Industry standards
17. What do target to?Format – 2-3 global
standard syntaxes, different
country syntaxes will remain
Real-time economy –
Clearance process
Four corner model
Full enforcement
18. Audience Poll
• Do you use Peppol as part of your billing or supply chain network already today?
• Yes, I send invoices to my customers via Peppol network
• Yes, I receive invoices from my suppliers via Peppol network
• Yes, I do both – send and receive invoices via Peppol network
• No, I have not used Peppol network as of today
• What is Peppol?
6.4.2018 OpusCapita18
I mention by the way that these countries are of course using standards, yet or soon in line with the European Norm
Paper invoices with 160 years history; todays systems and processing focussed to this.
disrupt, re-engineer, structure in modular cloud components
RPA: automate repetitive and rule-based processes, which are usually performed by humans
Machine Learning: deal with judgement-based, complex processes and problem-solving
give machines access to data, and let them learn for themselves
recognize patterns, and build their own business rules using learning algorithms
Analytics:
Invoice content
Anomalies, e.g. items higher than the normal price, or price differences between identical products
Incorrect tax allocations
Tax compliance
Contract and policy compliance
Real-time spend analysis
Intelligently classified with drill-down options
Price fluctuations
Real-time and historical price variance analysis
Benchmarking, comparison with the industry average
Payment terms
DPO
Early payment discount rates
Business trends and predictive analytics
Detecting and avoiding fraudulent invoices
Pre-req is big data