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E invoicing for the banking sector
This document discusses electronic invoicing for the banking sector. It describes how a EU Directive and member state legislations are shaping invoicing in 2010 regarding integrity, authenticity, and business processes. The document presents Isabel NV/SA's solution for electronic invoicing through banking that allows no lost documents, no manual data entry, absolute control, and automated reporting through financial portals. Corporates and SMEs expect their bank to help collect money in a cheaper and faster way with payment reference information. Invoicing through banking reuses existing infrastructure, security, processes, data exchange, and addresses to provide a cost efficient and short time-to-market solution that helps companies get paid and consumers pay.
E invoicing, the new vat legislative framework for electronic invoices
The document discusses the Spanish Tax Agency's perspective on the new VAT legislative framework for electronic invoices. It outlines how the Tax Agency has been accepting digitally signed tax returns and invoices from suppliers since 1998. It also details how the Tax Agency works with other groups to define standards like an XML format for electronic invoices. Both parties in a transaction need proof of authenticity, integrity, and legibility of electronic invoices according to the new regulations. Electronic invoices must be stored in a way that ensures the conditions for authenticity of origin and integrity of content.
EU Commission: reaping the benefits of e invoicing dec 2010
This document discusses the benefits of electronic invoicing (e-invoicing) in Europe and actions to promote its adoption. It notes that e-invoicing could generate annual savings of €240 billion by reducing costs and increasing automation. However, adoption rates remain low due to fragmented rules and a lack of interoperability between solutions. The document recommends establishing common e-invoicing standards, addressing legal barriers, and setting up forums to encourage cooperation among stakeholders toward the goal of making e-invoicing widespread by 2020.
Recommandé
E invoicing for the banking sector
This document discusses electronic invoicing for the banking sector. It describes how a EU Directive and member state legislations are shaping invoicing in 2010 regarding integrity, authenticity, and business processes. The document presents Isabel NV/SA's solution for electronic invoicing through banking that allows no lost documents, no manual data entry, absolute control, and automated reporting through financial portals. Corporates and SMEs expect their bank to help collect money in a cheaper and faster way with payment reference information. Invoicing through banking reuses existing infrastructure, security, processes, data exchange, and addresses to provide a cost efficient and short time-to-market solution that helps companies get paid and consumers pay.
E invoicing, the new vat legislative framework for electronic invoices
The document discusses the Spanish Tax Agency's perspective on the new VAT legislative framework for electronic invoices. It outlines how the Tax Agency has been accepting digitally signed tax returns and invoices from suppliers since 1998. It also details how the Tax Agency works with other groups to define standards like an XML format for electronic invoices. Both parties in a transaction need proof of authenticity, integrity, and legibility of electronic invoices according to the new regulations. Electronic invoices must be stored in a way that ensures the conditions for authenticity of origin and integrity of content.
EU Commission: reaping the benefits of e invoicing dec 2010
This document discusses the benefits of electronic invoicing (e-invoicing) in Europe and actions to promote its adoption. It notes that e-invoicing could generate annual savings of €240 billion by reducing costs and increasing automation. However, adoption rates remain low due to fragmented rules and a lack of interoperability between solutions. The document recommends establishing common e-invoicing standards, addressing legal barriers, and setting up forums to encourage cooperation among stakeholders toward the goal of making e-invoicing widespread by 2020.