Do you need to invoice businesses in UK?
If you answered yes, you may need electronic invoice processing.
Transalis eInvoice™ is a trusted provider of digital invoice processing with companies in UK
More and more countries, including UK, are looking for new ways to streamline their processes, eliminate tax avoidance and collect more VAT. Already across the EU, government and public sector organisations are required to use B2G eInvoice processing, and B2B suppliers are being encouraged do the same.
An eInvoice solution from Transalis will streamline your invoice processing with trading partners in UK.
- Reduce time spent on administrative tasks
- Improve accuracy and minimise disputes
- Remain compliant with complex cross-border regulatory and tax requirements
- Automate invoice validation
- Speed up the entire billing process
eInvoicing in UK
eInvoicing with Transalis eInvoicing in UK
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UK eInvoicing regulations
October 2 2020
UK e-invoicing legislation calls for stronger public sector supply chains
The UK has introduced new e-invoicing legislation requiring the public sector to receive and process supplier invoices electronically.
The UK government has implemented a statute to legally compel e-invoicing in all public procurement through “The Public Procurement (Electronic Invoices etc.) Regulations 2019.”
A Procurement Policy Note (PPN) from the Cabinet Office said: “Contracting authorities and other contracting entities (utilities) are now required to receive and process supplier invoices that comply with the technical e-invoicing standard developed under the Directive.”
The requirements were applied to the central government last year, whilst local government bodies and utilities were given until 18 April 2020 to comply “but were okay to voluntarily do so earlier,” according to the PPN.
“The regulations require contracting authorities and entities to include in their contracts an express term which obliges them to accept and process undisputed invoices that comply with the technical e-invoicing standard,” said the PPN.
“The Directive aims to address the use of varied e-invoicing formats across the member states through the introduction of a standard. These varied formats cause unnecessary complexity and additional operating costs for businesses, public contracting bodies and contracting entities.”
Whilst the legislation came into force at a time of unique challenge on public sector supply chains, the prior introduction of the Peppol infrastructure into the NHS helped early adopters ensure far more robust supply chains during the first wave peaks of COVID-19.