22 October 2017
Bo Harald

Good for society at large

Bo Harald - ZEF, Transmeri, Real Time Economy Program

347Posts 1,311,077Views 256Comments

It is not the invoice...

11 July 2009  |  2112 views  |  0

Slap any number of digital signatures on an electronic invoice and still you cannot guarantee any integrity and authenticity. The legal harmonization debate in EU is unfortunately still wrongly focusing on this one document.

The answer is in the holistic business process - when the (any form of) invoice has arrived and VAT auditors understandably from time to time want to check that less and less fraud is taking place (which will happen with migration to the e-version) - the supporting elements like order, delivery and payment documents related to it need to be checked. As simple as that - as well documented in the Code of Practise adopted by the EC Expert Group on e-Invoicing.

Additional supplementary tools will be used by some enterprises to improve processes - but technology neutrality should be the base for the much needed pan-EU harmonization.


Comments: (0)

Comment on this story (membership required)

Latest posts from Bo

Banks are the enablers for mass market e-invocing

14 September 2017  |  6161 views  |  0 comments | recomends Recommends 0 TagsPaymentsInnovationGroupElectronic invoicing

e-banking 3.0

10 July 2017  |  4834 views  |  0 comments | recomends Recommends 0 TagsMobile & onlineInnovationGroupDigital Banking Trends

Demise of cash

05 July 2017  |  9006 views  |  0 comments | recomends Recommends 0 TagsCardsInnovationGroupDigital Banking Trends

Bank e-id service rules the waves

04 July 2017  |  5861 views  |  0 comments | recomends Recommends 0 TagsRetail bankingInnovationGroupDigital Banking Trends

Real Time Economy for EU - How?

20 March 2017  |  4825 views  |  0 comments | recomends Recommends 0 TagsMobile & onlineInnovationGroupFintech innovation and startups

Bo's profile

job title Chairman/Founding member
location Helsinki Region
member since 2008
Summary profile See full profile »
Independent advisor and board professional

Bo's expertise

Member since 2008
338 posts256 comments

Who's commenting on Bo's posts