e-invoicing

There are disparities, however, with the rules in the different Member States, particularly as far as e-invoicing is concerned.

Historically, the opportunities afforded to Member States in this area have involved disparate rules, in particular in the field of e-invoicing.

Thirdly, the introduction of a common set of rules for E-invoicing will also further the development of electronic commerce in Europe, not least as regards services provided by electronic means.

I believe that, at least as far as e-Invoicing is concerned, a high-level group was already created in 2008 which finalised a report and recommendations for the European Commission last November.

The intermediate goal is to reduce the invoice process cost by NT$7.4 billion by 2013, with an expected total savings of NT$120 billion once comprehensive e-invoicing becomes the norm.

Commissioner Tajani also made the commitment that during the subsequent period, he would come up with initiatives aimed at supporting e-Invoicing so that it would become widely adopted across all Member States.

The scope of Accounts Payable automation, with the increased inter-connectedness in the internet era, to included systems that handle inbound e-invoicing and the outbound settling of the invoice with the vendor.

It will allow you to file government returns (such as VAT and tax returns) online as well as potentially enhancing your business' ability to communicate online with customers for applications such as e-invoicing.

The greater harmonisation of the rules proposed by the European Commission and supported by the rapporteur is therefore good news for all European businesses, as e-invoicing will be more accessible to them and, in turn, their administrative burden will be reduced.

E-invoicing In order to improve the efficiency with which we process invoices, we have adopted electronic invoice receipt via the OB10 electronic invoice delivery network, which enables linkage between our suppliers' systems and our own accounts payable system via their e-hub.

(RO) I would like to mention the e-Government systems which have already been developed in different Member States to implement the following types of applications: payment of taxes via electronic means, as well as payment of VAT via electronic means, or initiatives such as e-Invoicing.