The Engine Driving Your Digital Transformation
The Indian government is rolling out a new mandatory e-invoice reporting system becoming effective on 1st of April 2020. It is based on the new Invoice Reporting Portal (IRP) for the registration of domestic B2B and B2G invoice transactions and export invoices. […]
Has the race to mandatory business-to-business (B2B) e-invoicing in Europe just begun? Following Italy’s new B2B mandate, France now plans to extend the current business-to-government (B2G) e-invoicing mandate to B2B e-invoices until the beginning of 2025. […]
Italy mandates e-ordering for suppliers of the national healthcare system, referred to as SSN (Servizio Sanitario Nazionale). For e-ordering the NSO platform “Nodo di Smistamento degli Ordini di acquisto delle amministrazioni pubbliche (NSO)”, known from the Emilia-Romagna region, is mandatory to be used by 1st of February 2020 (initial deadline was 1st of October 2019). […]
E-Invoicing has been in use in Scandinavia since the 1990’s – largely driven by process simplifications and cost efficiency. Thus Scandinavia can be regarded as the pioneer in e-Invoicing in Europe and is now clearly Europe’s leading region with an e-invoicing rate of over 40% on all invoices.1 In Scandinavia a provider model was the […]
What is MTD? MTD is a UK government initiative to make tax administration easier and more effective. On the one hand VAT registered businesses must keep their records digitally. On the other hand they have to submit their VAT return information quarterly to the UK tax authority HMRC (Her Majesty’s Revenue and Customs) via MTD […]
PEPPOL is the main driver for E-Procurement by public authorities in the EU. PEPPOL or individual country-specific procedures are becoming more and more relevant for public sector suppliers. What is PEPPOL? PEPPOL stands for Pan-European Public Procurement OnLine. Its objectives are to use open standards to accelerate a fully electronically supported public tender and procurement […]
E-Invoicing has existed in Switzerland for more than two decades. It began with sending electronic invoices to private recipients (business-to-consumer ‘B2C’). This development was driven above all by banks and large companies. In Switzerland service providers are familiar with sending electronic invoices to B2C customers. The high acceptance levels among end consumers has been promoted, […]
What is SII? From 1st July, 2018, the Spanish tax authority (AEAT) mandates the use of the new version 1.1 of the SII system for the immediate transfer of VAT related information. The former version 1.0 will coexist until 20th July, 2018. The SII system for the immediate transfer of information on turnover-related information receives […]
What is SdI? Since 2015, invoices generated for all business transactions with Italy’s public administrative authorities must be created and signed in electronic form (electronic invoicing, or E-invoicing for short) and transmitted via the data exchange system called ‘Sistema di Interscambio’ (SdI). As a result of this regulation, almost three million electronic invoices covering public […]
What are CFDI-Invoices? In Mexico, since 2011 most electronic invoices (E-Invoicing) have to be created in CFDI format. CFDI stands for “Comprobante Fiscal Digital por Internet” – means a digital fiscal document via Internet (Invoice). The CFDI invoice must, on the one hand, include the signature of the exhibitor and on the other hand, the […]