Improving process efficiency is an essential part of digital transformation. Process automation is the crucial…
Blog
Our insights.
Category:
Finance Automation
Technologies at the Forefront of Digital Transformation in 2020
In 2020, we’re seeing less talk of businesses’ need to adapt to the digital world.…
Finance Automation
Transform your AP process into a Touchless Experience
The story began with the paper invoices that you receive day by day. They became…
Finance Automation
Coupa and Tungsten AP Essentials: Purchase-to-Pay automation
In our last blog, we told you about our partnership with Coupa and the main…
Finance Automation
Business Spend Management: Full visibility, better control
Organizations mainly focus on the sales side of the company. After all, the more you…
Dynatos
Dynatos named Top Performing Tungsten Partner 2019
UTRECHT – Dynatos, a leading strategic partner in optimizing financial business processes, has been named…
Finance Automation
Routty; the link for e-delivery
We already told you how we think e-invoicing will become the new standard in finance.…
Finance Automation
The best way to lower the processing cost of an invoice? E-invoicing!
Did you know that each year, we send 550 billion invoices globally? And is it…
Latest e-invoicing updates
Country
European Regulations
EU directive on electronic VAT certificates: opportunities for digital invoicing businesses
The EU has taken another step toward digitizing VAT processes. The Council has approved a directive replacing paper VAT certificates with an electronic alternative on December 20, 2024. This could…
Germany
FAQs about the German e-invoicing mandate
Starting January 1, 2025, Germany will require mandatory e-invoicing for domestic B2B transactions. This shift, introduced through the Growth Opportunities Act, simplifies business processes and fosters digital transformation. Here are…
France, Germany
Factur-x 1.07.2 and ZUGFeRD 2.3.2: aligning Franco-German e-invoicing standards
On November 15, 2024, an essential milestone in the evolution of e-invoicing standards took effect with the release of Factur-X 1.07.2 and ZUGFeRD 2.3.2. This hybrid standard, offering both human-readable…
European Regulations
ViDA package approved during ECOFIN meeting
The EU Finance Ministers at ECOFIN reached a milestone agreement to modernize VAT with the VAT in the Digital Age (ViDA) package during the November 5th, 2024, meeting. This legislative…
Latvia
Second reading of Latvia’s e-invoicing law solidifies 2025 mandate
As Latvia takes concrete steps to establish mandatory e-invoicing, the second reading of amendments to the Accounting Law clarifies the initiative. These changes, which align with European standards, focus on…
France
France supports businesses with mandatory e-invoicing rollout
The French government has confirmed its support for businesses transitioning to mandatory e-invoicing. This initiative is designed to modernize invoicing practices nationwide and ensure smooth collaboration between companies and the…
Poland
KSeF test environment faces limitations due to high demand
To ensure smooth testing for all users, Poland’s National e-Invoicing System (KSeF) has implemented temporary restrictions. These limitations address the increased demand on the test server, which has led to…
Saudi Arabia
Saudi-Arabia announces criteria for Wave 16 of e-invoicing integration phase
ZATCA (Zakat, Tax, and Customs Authority) has announced the criteria for selecting the businesses targeted in the Sixteenth Wave of the e-invoicing integration phase. This wave will impact taxpayers whose…
Estonia
Estonia’s e-invoicing law: what you need to know before 2025
Estonia is moving forward with new legislation on e-invoicing. On 18 September 2024, the Parliament approved amendments to the Accounting Act. The changes make e-invoicing mandatory for taxpayers registered in…
United Kingdom
HMRC launches e-invoicing consultation to improve UK tax system
The UK government has introduced a series of reforms to improve the country’s tax system and address critical economic challenges. Chancellor Reeves outlined the changes, which focus on enhancing efficiency,…