There are plenty of EU rules and regulations to help us understand what constitutes a compliant electronic tax invoice. EDI as a means to exchange electronic invoices is long-established and proven since 1994, but in some countries there has been confusion around how EDI provides tax compliance. In the past, companies would run an EDI [...]
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For those of you to whom this delightful English slang word is unfamiliar it describes what happens when someone out bids you for a house, or indeed anything else. I’ve just been “Gazumped” in the B2B benefit stakes by a gentleman called Michael Brady. I was about to share with you a number of reasons [...]
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It probably goes without saying that electronic invoicing has been around for some time now, but for different reasons it is only just beginning to ‘cross the chasm’ and become a mainstream finance activity. With many European governments and large corporates adopting e-Invoicing in 2012, some even mandating, there is increasing momentum for companies to [...]
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The 2012 Billentis e-Invoicing / e-Billing market report will be released next week. Once again, GXS partnered this excellent report as an e-Invoicing solution provider. If you are interested in a pre-release copy, please feel free to email me at nigel.taylor@gxs.com. This year’s report continues with Billentis’ consistent advocacy for the compelling value of electronic [...]
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I attended IOMA’s 8th Annual Accounts Payable Automation & Operations Conference in New York City last week during which attendees from companies in various industries had the opportunity to hear the latest news about various technologies and methodologies for automating their AP departments. Here are a few of the key ideas that were discussed during [...]
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Sometimes we receive accidental contact requests through our website, and occasionally the request deserves attention and we just can’t help but want to solve the problem. Two weeks ago, as our team was filtering the requests and routing them to the correct recipient, they came across one that demanded attention: “I just want to avoid [...]
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How to implement electronic invoicing and comply with the different country requirements is a challenge. It isn’t easy for my customers to decide which technology solution is best to enable them to exchange invoices electronically, whilst maintaining adequate legal evidence to support the exchange. Electronic data interchange (EDI) and digital signatures have both been [...]
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During a recent GXS webinar with Samantha Cooke, EDI Manager at Ralph Lauren, we had many more questions to answer than time to answer them. An earlier post highlighted the top 10 questions asked about Ralph Lauren’s program. Below are the top 5 questions and answers about the IWF service that was key to the success [...]
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During a recent GXS webinar with Samantha Cooke, EDI Manager at Ralph Lauren, we had many more questions to answer than time to answer them. So, below are the top 10 questions and Samantha’s answers. You can listen to the webinar recording at the following link Ralph Lauren Case Study: Electronic Invoicing with 2,000+ Small- [...]
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This past weekend I shared my thoughts on the likely changes to global trade instruments in 2012. Whilst Bank Payment Obligations and Supply Chain Finance will be popular topics in 2012, I think the fastest growing area of the financial supply chain will continue to be e-invoicing. However, the growth (on a percentage basis) in the commercial sector may [...]
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