IBM IBM Sterling e-Invoicing

Electronic invoicing (e-invoicing) helps with the benefits of B2B (business to business) and B2G (business to government) automation while achieving higher legal certainty and reduced costs for Value Added Tax (VAT) compliance. IBM Sterling e-Invoicing automates business processes and tax compliance as part of a service that uses global integration standards to support both Buyer and Supplier compliance. IBM Sterling e-Invoicing also maintains conformity with tax regulations for multiple countries.

Sterling eInvoicing helps you adapt to the complex, ever-changing business and technical regulations that are associated with international electronic invoicing, and to be able to reclaim VAT funds.

Sterling eInvoicing provides the following benefits.

• It eliminates the need to support multiple solutions across different geographical locations.
• It improves operational efficiencies and contains costs by automating both buyer and supplier electronic invoice processes in compliance with country-specific tax regulations.
• It provides compliant archiving options that include a local, in-country archive when needed.
• It provides electronic visibility of invoice data and compliance information to internal business owners and external tax authorities.
• It reduces corporate risk and exposure by complying with electronic invoicing and tax regulations of countries in every geographic region.

Sterling eInvoicing enables companies to develop a global, cross-organizational view of electronic invoice tax compliance. This view helps regional departments like CFO, Accounts Payable, Account Receivable, IT, Purchasing, Legal, and Sales to support uniform technical and business processes in accordance with corporate objectives.

The following supported services are available through Sterling eInvoicing.

• Invoice Signing
• Invoice Validation
• Archive and Audit Services