speos e-Invoicing Solution provides expertise and cloud-based services to digitalize, run and maintain your AR processes wherever you operate in the world.
Why use e-Invoicing?
e-Invoicing is becoming increasingly popular to streamline the invoicing processes between suppliers and buyers.
It helps your company to improve your cashflow by enabling faster processing and payment of invoices.
e-Invoicing has already been integrated in the Belgian legislation for Government invoices and will be further extended for B2B invoices.
Major pitfalls of integrating e-Invoicing
Deploying an e-Invoicing solution within your company brings you many benefits, but also contains pitfalls if not prepared and integrated properly.
The adoption of electronic invoicing requires the automatic generation of invoices that comply with the tax rules that are in force at national and European level. Data integrity, authenticity of the origin and readability of data must be ensured at any time and across all your markets.
Integration with different partner infrastructures
Your business partners must be able to integrate it directly into their accounting systems. Integrating many partners with various systems, can be complex and time consuming.
An evolving legal framework
An increasing number of countries are adopting a CTC (Continuous Transaction Control) model. This means that all invoices must be reported in real-time (or near real-time) to the tax administrations where business partners are established. Whether you operate your business in one or many countries, your AR and AP will be impacted, and your organization needs to be prepared for using these frameworks.
You want to know more about how your company can streamline its AR processes?
Discover how our e-Invoicing Solution is tailored to meet the unique needs of your business.