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A PDF is not an electronic invoice

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A Finextra member
A Finextra member 14 February, 2012, 21:27Be the first to give this comment the thumbs up 0 likes

Yes, structured is more efficient. However there are some facts and myths around PDF's that we have to debunk, as seen here:

http://eeiplatform.com/5092/discussion-7-facts-and-myths-about-pdf-invoices/

I even believe that there is a PDF printer on its way that can produce both PDF and ISO20022 (an UBL version is already available).

Perhaps the best of both worlds?

P.S. Thanks for referring to our site :-)

Bo Harald
Bo Harald - Transmeri, Demos, Real Time Economy Program,MyData - Helsinki Region 15 February, 2012, 09:30Be the first to give this comment the thumbs up 0 likes

As long as we can deliver and receive structured data - and of course using UNCEFACT CIIv2 content standards and ISO20022 message standards (for invoice, payment reference, payment as SEPA and wider, account statement, soon VAT reporting, factoring etc) an PDF somewhere in the middle does not disturb. But the endgame is naturally structured-out and structured-in - without any need for conversions or other extras.

 

Bo Harald

Bo Harald

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Transmeri, Demos, Real Time Economy Program,MyData

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This post is from a series of posts in the group:

Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.


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