EU Compliance for Electronic Invoices

The 2001/115/EC directive stipulates that electronic invoices be accepted as legally binding, provided that they fulfil specified security and authentication criteria. However, companies are required to comply with varying national implementations of the EU directive. The new solution enables companies to implement e-invoicing across all European Union member states, in a variety of message formats including XML, PDF, flat files and traditional EDI.

Applications

  • Invoice Processing
  • Data Capture and distribution in digital format
  • Query resolution in Customer Service/Accounts Department

Benefits

tpo sees e-Billing or e-Invoicing as a natural progression for Accounts Departments to implement in a similar way that electronic payments of salary have become the norm with the demise of the cheque over the last decade.

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