OpusCapita works for interoperability of e-invoicing

OCJ 1 2016 Interoperability 991

OpusCapita participates actively in developing the interoperability of e-invoicing ecosystem and driving the implementation of compliant public policies and harmonized standards. On the European level, one such forum is EESPA, the European E-invoicing Service Providers Association.

EESPA members process and deliver over half of all B2B, B2G and B2C electronic invoices in Europe, and OpusCapita’s volume of this is over 10%. With 200 million transactions in total annually, OpusCapita operates one of the leading electronic invoicing networks in the world.

“Ensuring common interoperability plays a significant part in the widespread adoption of electronic invoicing in Europe. Open, easy to access networks of service providers are a key to truly functioning financial supply chains and crucial especially for supplier activation,” says Ahti Allikas, Director, OpusCapita. Allikas is a member of the EESPA executive committee.

Electronic invoices become mandatory in B2G invoicing both in the European Union and in the United States in 2018, paving the way towards a real-time economy. It’s a step in the right direction, says Allikas, but believes that the progress in the B2B market will still mainly be driven by cost efficiency and evolving supply chain collaboration.

“The Nordic region has been and still is the forerunner in electronic invoicing. We have an exceptionally strong foothold in the Nordics, which gives our voice certain prominence in Europe and gives us a chance to influence the market.”

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Published in OpusCapita Journal 1/2016. Read the whole magazine here.