{"id":55823,"date":"2019-02-19T08:00:17","date_gmt":"2019-02-19T07:00:17","guid":{"rendered":"http:\/\/e3mag.com\/?p=55823"},"modified":"2025-07-31T16:16:55","modified_gmt":"2025-07-31T14:16:55","slug":"e-invoicing-digitalization","status":"publish","type":"post","link":"https:\/\/e3mag.com\/en\/e-invoicing-als-einstieg-ins-digitale-unternehmen\/","title":{"rendered":"E-Invoicing\u2014Compatibility and Digitalization"},"content":{"rendered":"

If companies choose e-invoicing as their starting point for digitalization, it\u2019s easy to lose sight of which new developments, formats and platforms are relevant for their own organization. For companies who work with or are public institutions, the question of relevancy becomes obsolete as national legislation dictates formats and regulations. To only know about formats, however, is not enough. In a global context, e-invoicing also entails efficient processes, cost savings and a company\u2019s agility.<\/p>\n

Finding an e-invoicing solution is only a small part of a company\u2019s overall digitalisation strategy. The goal should always be a flexible system easily adaptable to new requirements. A suitable invoicing solution tackles national and global challenges and can help boost a company\u2019s digital strategy.<\/p>

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\"Armin-Pabst\"<\/h3>\n

E-invoice formats as a means to an end<\/h3>\n

Electronic invoices can be edited easily. Consequently, invoice processes\u2014meaning sending as well as receiving\u2014can be automated. Here, the goal should be the optimization of processes, as manual, analog procedures are slow and time-consuming. For electronic information to be processed optimally, a suitable digital infrastructure is necessary.<\/p>\n

Practical examples show that companies who process their invoices digitally save time and money. Lawmakers have noticed this development and are enforcing the practice in public institutions.<\/p>\n

EU directive 2014\/55 is responsible for the European norm EN16931. This norm is the foundation for an electronic, unified, easy-to-process format. Because of different fiscal requirements regarding billing and invoice processing, this norm also has the possibility of a Core Invoice Usage Specification (CIUS). CIUS makes it possible for members of the EU and interested parties to adapt processes to their specific requirements.<\/p>\n

Governments can \u201cpressure\u201d their business partners into benefiting from digitalisation\u2014and they are doing just that: In Germany, for example, the electronic billing for suppliers of public institutions will be mandatory from November 2020 onward.<\/p>\n

Prepare for e-invoicing<\/h3>\n

To be prepared in the digital era is not just nice, but rather indispensable. For companies to be able to plan ahead step by step, they should ask themselves the following questions:<\/p>\n