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Advisory
6 Hacks for Business Growth
Automate wherever you can rather than spend resources on performing the same task repeatedly. “Time…
Finance Automation
How workflows contribute to excellent Customer Service
Have you ever been one of those customers who ask for a particular service and…
Finance Automation
The New Role of Procurement
Over the years, procurement has evolved from just being the “buying” department to an internal…
Finance Automation
It’s time to transform your accounting approach!
I wonder why accountants still suffer each month-end closing. Are the tools from the 21st…
Finance Automation
Receiving XML invoices through PEPPOL
It gets easier and easier to implement XML invoices in your current financial processes. Receive…
Advisory
Business Process Optimization: how to do a quick scan yourself
Efficiency, cost reduction, and customer satisfaction are common goals. However, managers often avoid implementing these…
Press release
Dynatos expands operations to Iberia
Dynatos, Cronos Group’s Financial Process Optimization competence center, has opened a new office in Madrid…
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,…