Do you need to invoice businesses in US?
If you answered yes, you may need electronic invoice processing.
Transalis eInvoice™ is a trusted provider of digital invoice processing with companies in US
More and more countries, including US, 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 US.
- 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 US
eInvoicing with Transalis eInvoicing in US
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If you have any questions just get in touch. Our team of expert consultants are on hand to help with anything you need.
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US eInvoicing regulations
The United States has adopted a post-audit invoicing model. Over the years, the United States has launched various Governmental initiatives to increase adoption of true electronic invoices. These initiatives have primarily targeted the 19 million invoices processed by the Federal Government annually.
Today there is no clear timeline to mandate electronic invoicing. However, in July 2021 the Business Payment Coalition and the Federal Reserve announced the launch of the pilot project (e-Invoice Exchange Market Pilot) which aims to build an e-invoicing network for Business-to-Business (B2B) organizations all across the country.
More recently, in July 2023, the Business Payment Coalition has announced the successful completion at validation phase of e-remittance, and recommending moving towards a pilot phase supporting all electronic B2B payment methods.
Business-to-Government (B2G) electronic invoicing is being implemented gradually, with around 50% of all government invoices reported to have been processed electronically. The USA is seeing a strong trend toward electronic invoicing, something that Basware is following closely. We plan to deliver the best possible invoice services to B2B organizations in the United States.
The few electronic invoices that are exchanged in the United States are typically based on either cXML or EDI formats (ANSI X.12).