YouGov recently conducted research on e-invoicing adoption and perceptions in the UK and released their findings this week. They found 36% of UK respondents would take up e-invoicing if there was a standard approach to this type of technology.
I have been involved in e-invoicing for many years and I can tell you that e-invoicing is very difficult. It seems every country has e-invoicing mandates and requirements that change yearly. In addition, all seem to have penalties for failure to be compliant and require an increasing amount of real-time B2B data exchanges with tax authorities. Just take a look at all the various dynamic requirements for e-invoicing in Latin America (Mexico, Brazil, Argentina).
As a former EDI Manager, I know my employers would not have been willing to continually expand my budget to support each countries' increasingly complex e-invoicing environment. My only remedy, which I would have been very happy to accept, would be to find a global e-invoicing service provider. As an SAP user I would have looked at the SAP Information Interchange first since this service provider is sold and supported by SAP.
************************************************
Kevin R Benedict Independent e-Invoicing/EDI Consultant, Analyst and Blogger
Join the SAP EDI and SAP Information Interchange group on Linkedin:
http://www.linkedin.com/groups?about=&gid=2884582&trk=anet_ug_grppro
*Full Disclosure: I am an independent consultant that has worked with and for many of the companies mentioned.
I saw a demo from adobe where a manager can approve an invoice outside the system and also put his digital signature.
ReplyDeletewww.sapsecuritytrainer.com