Business Payments Coalition launch DBNAlliance as common e-invoice network exchange entity A new not-for-profit entity, Digital Business Networks Alliance, has been launched by the Business Payments Coalition to establish a North America (Canada and the USA) common network for the electronic exchange of invoices between
Long standing data availability & accuracy challenges take on new imperative with the proliferation of VAT digitalisation and live transaction reporting The whirlwind of global e-invoicing and digital reporting mandates is upon us as governments demand live access to transactional data to validate and surface
E-invoicing and live digital reporting mandates mean VAT and GST must be calculated accurately in real-time to avoid blocked invoices, audits and potential losses. How to rise to the challenge The ‘luxury’ of a few weeks to retro-calculate transactional VAT or GST is coming to
Business have for decades been let-down by VAT automation. Systems adapted from US sales tax engines fail to deal with the granular demands of global VAT. This means complex and hugely expensive implementations out of reach for all by the largest of enterprises. Kid Misso,
How many missed the true benefits of VAT automation built on modern cloud technology Whilst some global VAT tech providers have migrated into the cloud to meet customer scale and flexibility expectations, they have typically avoided the opportunity to rebuild to the latest architectures. Aside
