Category Archives: Industry News
A Look Ahead: e-Invoicing & e-Payments to Scale Your Business!

e-Invoicing is becoming an integral advantage to transform the growth potential of any business. The manual processes can no longer keep up, the companies today are increasingly implementing automated invoice processing to scale their financial operations, optimize invoice management and enhance the cash flow. The business and the Government recognize the financial gains of going […]

electronic invoicing
e-Invoicing, the reality for every organization by 2024

The recent report by Billentis states that the size of the global e-invoicing and adjacent market in 2017 is Euro 3.3 billion that will reach approximately to Euro 16.1 billion in 2024. Asia and Latin America are expected to achieve the highest annual growth rates. The countries like Europe and North America see the benefits […]

e-invoicing in italyy
Why does Italy want to step up to the use of e-Invoicing?

The Italian minister of Economic Affairs Pier Carlo Padaon convened Italy’s top tax collection officials to place new measures to recover a staggering EUR 6 billion in revenue and hoping to close a VAT gap. The plan behind e-invoicing transactions in the private sector is to fight all types of VAT fraud and also by […]

Set-Up e-Payment services for your business

The transition from manual and paper-based process to automated payment solutions drives cost reductions and optimize working capital. It may be hard to imagine the world without manual paper checks, but the finance professionals are working to make that happen. The movement towards electronic payments has empowered AP departments to move from an operational role […]

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e-Invoicing: Challenges & Best Practices in Global terms

Globalization led to the expansion of markets and legislative changes around the world. The companies are increasingly interconnected for a secure and reliable communications that allow them to engage in e-Invoicing worldwide. This results to implement mandatory e-Invoicing solutions in almost all regions. Read more: EDICOM: Challenges of International e-Invoicing e-Invoicing solutions enhance fiscal control, […]

electronic invoicing
Electronic invoicing in Australia: Recent Update !

Australia’s first end-to-end electronic invoicing experiment performed with the collaboration of Commonwealth Bank, MessageXchange, and Telstra with the leadership from Digital business council. The experiment includes the: – Use of the ISO approved OASIS universal business language (UBL) XML specification for messaging and eBMS 3.0 standard for transport. – Involves the movement of UBL e-invoices […]

E-Invoicing in colombia
e-Invoicing in Colombia

According to the Colombia e-Invoicing Pilot Program, it is expected that majority of the taxpayers will implement e-Invoicing in Colombia by 2018. The e-Invoicing program concluded on social and economic benefits that will boost competitiveness and growth of the economy. Colombia mandates electronic Invoicing The program includes 57 volunteer companies of diverse industries and sizes […]

Recent B2G e-Invoicing Trends in Europe

By November 27, 2018, The EU member states are obliged to implement European e-Invoicing between the public sector and its suppliers. If the journey towards the widespread implementation of B2G e-invoicing trends in Europe, the economic savings are reported to reach up to 2.3 billion Euros throughout the European Union. Here is the list of […]

Electronic Payments and Online Invoicing Security Concerns

More than one-third of financial professionals proved the growing risks of fraud and cyber-attacks. Heading into 2017, corporate treasury and finance professionals cite protecting assets, securing transactions and cybersecurity as top priorities. According to the recent survey of 350 financial professionals have heightened awareness of the growing risks of fraud and cyber attacks. The transition […]

RazorPay launch ‘recurring payments’ for SaaS businesses!

Razorpay, an online payment platform, has announced the launch of its flexible payment solution known as ‘recurring payments’ that opens the market for SaaS businesses. Now, SaaS businesses can accept recurring payments from India and abroad. Here are a few benefits listed for ‘recurring payments” features: – The recurring payment feature auto-debits transactions from customer’s […]