E-invoicing and Compliance: An International Perspective

Managing E-Invoicing Compliance on a Global Scale 

Organizations are increasingly expanding their supply chains internationally. While that can offer significant benefits, it also brings with it significant complexities, no more so than for Accounts Payable. It’s not just a matter of paying an invoice that may be in a foreign currency or language. Governments all over the world are increasingly inserting themselves in the invoicing process to ensure compliance with tax laws and reporting while implementing new and often-changing standards. 

IOFM teamed up with Tungsten, a Kofax company, to explore the different types of e-invoicing standards and what that means for AP. Adhering to the requirements of trading partners throughout the world is an enormously complex task, one that’s best managed by a specialized solution provider that onboards suppliers to e-invoicing and ensures compliance before the invoices ever reach you. 

For more information about how global trade impacts your AP organization and how to best manage compliance, download the free white paper, “E-Invoicing and Compliance: An International Perspective.”