presentment and payment, or EIPP, involves the automation of the entire invoice
-to-payment process that is time-consuming, expensive and highly inefficient.
As per the law, invoices
should not display "invoice
" or "bill"; rather, "tax invoice
" should be clearly displayed on it.
Alingss municipality~s goal is that all supplier invoices
shall constitute e-bills at the latest when any law requiring the public sector should only receive e-invoices
from suppliers enter into force in 2018.
We're championing the change that will help vendors by making it easy for customers on the other end of the invoice
and building an opt-out process around e-invoicing.
Consolidating all invoices
On- Line eliminates standalone systems and processes, streamlines approval workflows, ensures processing consistency, and provides greater visibility into invoice
status and information.
Electronically receiving and posting supplier invoices
using the cloud-based Invoices
On-Line AP portal enables the customer to significantly reduce average invoice
processing costs and supplier inquiries while accelerating invoice
The process works as follows: Once you have provided a service or product, you invoice
your customer and send a copy to the invoice
discounting company at the same time.
The survey finds that by moving from manual, paper-based invoice
processes to fully automated, electronic invoice
processing, businesses can achieve:
In addition, and of direct benefit to SMEs, is the option for member states to introduce a cash accounting scheme under which the tax becomes due only when the invoice