Regulations on electronic invoicing are evolving rapidly on an international scale. More and more countries are making the issuance of electronic invoices mandatory.
To date, there is no European and global reference standard: each country has its own regulations on invoice format, transmission methods and retention periods. This fragmented scenario creates complexity for companies operating in international markets.
ARXivar Invoice manages all stages of sending and receiving electronic invoices to/from private companies, end buyers and public administration.
The service is capable of dialoguing with centralized and decentralized systems allowing the validation, transmission and centralized signature*(Italy) of electronic invoices, being applied as a reference model for all states introducing mandatory electronic invoicing.
Able Tech’s international B2B/B2G e-invoicing service can manage:
The service is compliant for international electronic invoicing. The solution is scalable and flexible depending on the markets in which your companies operate
Invoice management processes are automated, reducing the manual workload
Direct integration to ERP management systems through web services or Web APIs common to all nations
Automates and normalizes the invoice processing process. Avoids the complexity of following different country roadmaps.
Regulations vary from country to country and often dovetail with international agreements. It is essential to know the specific regulations of each nation involved in the trade exchange. Don’t worry, we’ve got it covered. ARXivar Invoice simplifies the process of International Electronic Invoicing.
The issuing process may vary depending on the destination country and the interchange system used. In general, a specific electronic format must be adopted and the invoice must be transmitted through the prescribed channels. ARXivar Invoice centralizes and simplifies the issuance process
Mandatory electronic invoicing depends on each country’s tax regulations. Some states, such as Romania and Germany, have already introduced it, while others, such as Spain, Poland and France, will introduce it in the coming years, following the European regulatory roadmap. Able Tech is committed to monitoring the scenario at the European and International level.
Interoperability means the ability of different invoice exchange systems to communicate with each other, enabling the transmission of invoices between countries with different regulations and formats.