The mandatory B2G e-invoicing in Serbia will now kick off from 1st May 2022 — this is after Serbian authorities postponed the initial electronic invoice adoption slated for 1st January 2022.

Benefits of the E-invoicing Transformation in Serbia

Get ready for a massive transformation in e-invoicing 2022!

Poland had sent the application to be allowed to roll out mandatory countrywide e-invoicing to the commission on August 2, 2021. Following the approval, the Polish electronic invoicing mandate will take effect in 2023, ostensibly during the second quarter.

The European Commission has given Poland the go-ahead to introduce mandatory B2B electronic invoicing.

Electronic invoicing in Hungary is now a reality. The Hungarian tax authorities issued a directive that all B2C and B2B transactions be done in real-time, irrespective of the transaction amount. The Real-Time Information Reporting (RTIR) requirements took effect on 1st July 2020. Hungary is leveraging the NAV system to actualize the use of electronic invoices. For starters, NAV is an easily customizable Enterprise Resource Planning (ERP) that enables businesses to automate and connect tasks such as accounting, operations, stock management, purchasing, and sales.

Electronic invoicing in Hungary is now a reality. 

A few things you should know about e-invoicing in Singapore.

Only 21 percent of businesses in Singapore were using electronic invoicing as of 2019. The media and education sectors are at the forefront when it comes to adopting e-invoicing in Singapore. The Singapore government launched a nationwide e-invoicing network in collaboration with PEPPOL in 2019 to accelerate the adoption of electronic invoicing by the private sector. A channel created by the Singapore government for suppliers to submit e-invoices in January 2020 has since become the most preferred channel for suppliers.

This article takes a closer look at the Australian e-invoicing scene and what’s going on to make sure Australian businesses start to reap the benefits of electronic invoicing.

Peppol e-Invoicing in Japan is rapidly taking shape thanks to the adoption of the Peppol network at the government level. The transition, which began with the creation of the Digital Agency, will clear the way for digital transformation in Japan, facilitating a new culture of business document interchange and management.

Procure to Pay (P2P) is one of the most complex business processes. A typical P2P process spreads over several systems and operations. P2P is also super prone to fraud, inefficiencies, and money leakage. And the reason is simple. For one, the process involves massive cash flow. Essentially, this means that creating visibility into the entire process from vendor selection to final invoice generation and adjusting payments can be challenging.

Reducing the Risk of Fraud with P2P Automation

In this article, we explore ways through which businesses can prevent P2P fraud through automated controls.

Presence in the Serbian e-invoicing market (4 years) allowed us to perform early market research and improve our product based on client feedback based on the latest and best international e-invoicing standards. We also bring significant experience and a “know-how” approach based on participation and creating solutions in EU e-invoicing. The automated re-purchase and e-invoicing process designed by us will maximize efficiency and cost reduction and help you become more environmentally friendly by eliminating paper invoices.

The advantages of using Unimaze for Serbian e-invoicing in 21 bullet points

Why use Unimaze for Serbian e-invoicing? Our business solution will meet your demands and expectations regardless of the company's size or industry domain.

A full-time employee in the public sector can process about 24,500 paper invoices per year. This number increases to 43,000 for e-invoices.

Put differently; adopting e-invoicing in the public sector can increase its finance employees’ productivity by up to 50 percent!

Digital payments are transactions that happen through online or digital platforms. Examples include wire transfers, virtual cards, and digital wallets.Digital payments offer a secure, auditable, and automated way to transact

The new technology is already making inroads into the business world, and companies adopting e-invoicing are reaping big. Ditching paper invoices for e-invoices will offer even more value as the technology continues to mature.

Electronic invoicing or e-invoicing is the future of billing.

You’ve implemented e-invoicing. You’ve enacted Accounts Payable automation too. Still, there’s one missing part to make your digital payment ecosystem complete persuading you’re suppliers to adopt electronic invoicing. How can you persuade your sellers to implement electronic invoicing and ditch paper invoices once and for all? Well, show them the benefits. Organizations reluctant to adopt e-invoicing often cite the anticipated supplier’s hesitation to comply as the main reason to continue receiving/sending paper invoices.

How to Convince Your Suppliers to Adopt e-Invoicing

Persuade your sellers to implement electronic invoicing and ditch paper invoices once and for all.

Benefits of the E-invoicing Transformation in Serbia

Electronic Invoicing in Poland

E-Invoicing in Hungary

E-invoicing in Singapore

E-invoicing in Australia

Peppol in Japan

Reducing the Risk of Fraud with P2P Automation

Why e-invoicing in 21 bullet points

E-invoicing in the United Kingdom

Digital Payments

The Growing Trend of e-Invoicing

How to Convince Your Suppliers to Adopt e-Invoicing

News and articles

Benefits of the E-invoicing Transformation in Serbia

Electronic Invoicing in Poland

E-Invoicing in Hungary

E-invoicing in Singapore

E-invoicing in Australia

Peppol in Japan

Reducing the Risk of Fraud with P2P Automation

Why e-invoicing in 21 bullet points

E-invoicing in the United Kingdom

Digital Payments

The Growing Trend of e-Invoicing

How to Convince Your Suppliers to Adopt e-Invoicing