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Accounts Payable
As electronic invoicing (e-invoicing) continues to sweep the globe, Germany is now proposing the implementation of an e-invoicing mandate for business-to-business (B2B) transactions, proposed to take effect in 2026.
Listen in as we discuss some of the main AP challenges and how the adoption of technology can guide AP teams to contribute to the overall organizational financial goals.
Mandatory e-invoicing reforms will require companies to transmit invoice statuses to their business partners as well as to the French tax authorities. The objective is to enable end-to-end follow-up of the invoice lifecycle for all stakeholders (sender, receiver and administration) and to facilitate the pre-filling of the VAT declaration
This blog discusses how Basware’s AI and ML technologies transform the role of AP.