Technology Seamless UI upgrade: experience a smarter, more intuitive Invoicing solution After two years of intensive work, the time has finally come: SupplyOn Invoicing has been completely redesigned. Since mid-2024, all users have been working on the new user interface. This measure was a decisive step towards user-friendliness and technical modernization. What sets the new interface apart? And what were the key success factors for its…
SCM Insights Growth Opportunity Act: Germany goes eInvoicing On March 22, 2024, the Growth Opportunities Act was passed by the Bundestag and Bundesrat in Germany. With the introduction of this law, the federal government aims to boost Germany’s attractiveness as a business center.Part of the Growth Opportunities Act is the introduction of mandatory eInvoicing in Germany. Domestic invoicing is to be digitized through…
SCM Insights Maximum transparency with Payment Status Overview In many companies, the accounting department often runs out of time to concentrate on value-adding activities. Instead, a lot of effort is invested in processing incoming inquiries. Time that is not spent on important tasks. Accounts Payable specialists are well trained and often solve complex financial issues. In most cases, the supplier requests are just…
SCM Insights Invoicing in China: how to successfully transform to Fully Digitized eFapiao Companies that want to do business in China and work with local suppliers through their local office quickly realize that invoicing is much more complex than in Western Europe or North America. It’s time-consuming, labor-intensive and has many unique requirements. In the future, this complex process will be completely digitized—and somewhat simplified.Fapiao & Golden Tax:…
SCM Insights Are you ready for Invoice Clearance in France? In recent years, an increasing number of countries have introduced so-called invoice clearance procedures. Before electronic invoices can be sent to the recipient, they must be checked and approved by a central government agency. The primary concern is the correct reporting of tax data. These clearance models are usually referred to as Continuous Transaction Controls…
SCM Insights Six best practice steps for maintaining tax compliance Does the e-business solution that supports your business-to-business transactions ensure that your e-invoices remain tax compliant, everywhere, always?Change in tax legislation is constantAn e-business solution that must comply with multiple countries’ tax requirements has to address the problem of ongoing change. Otherwise, how can a business efficiently deal with the tsunami of new real-time and…