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Final words on authenticity and integrity

A panel discussion at EXPP made it clear that further clarification is needed to make it clear what the EU Commission means with equal treatment of paper and e-invoicing. The VAT directive states that business controls are sufficient. Now people ask what does that mean? What kind of business controls?

The best way to fend off scare mongering - is to keep messages very simple. "If you send or receive paper invoices today and plan to start using e-invoices you can continue using the same business controls as before."

This also goes for e-mail invoices - even if all efforts should be made to move away from PDFs as they are not really enabling the automation of process the whole exercise is all about.

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Bo Harald

Bo Harald

Chairman/Founding member, board member

Transmeri, Demos, Real Time Economy Program,MyData

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04 Nov 2008

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Helsinki Region

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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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