Esker’s Accounts Receivable Solution Helps Companies Meet Requirements of the European Directive on E-Invoicing in Public Procurement
Sydney, Australia — January 12, 2015 — Esker, a worldwide leader in document process automation solutions, is pleased to announce the launch of an enhanced service which will help companies comply with mandates for e-invoicing when working with public authorities throughout Europe. Following the April 2014 directive on e-invoicing and public procurement (2014/55/EU), vendors will be obligated to send e-invoices to public administrations in all European countries by 2020. This directive will deliver significant savings for the country governments and advance the e-invoicing market.
Esker’s Accounts Receivable automation solution is capable of processing the different e-invoice formats used throughout Europe (e.g., Facturae in Spain, Fattura-PA in Italy and EDI UBL in France), as well as communicating with the platforms of each public administration to send e-invoices and receive error notifications.
Since January 1, 2012, suppliers have had the option of sending e-invoices to French government ministries. The new directive eliminates this choice for the public sector (including local authorities and public institutions), making e-invoicing mandatory by 2017 for large accounts and 2020 for small to midsized businesses. Similarly, in Spain and Italy, all invoices sent to public sector must be e-invoices — by January 2015 in Spain and March 2015 in Italy.
“Esker is a key player in the document process automation market, sending 25 million invoices annually for 11,000 customers worldwide,” said Eric Bussy, Director of Marketing and Product Management at Esker. “Our Accounts Receivable automation solution has been developed to meet the specific einvoicing needs of companies working with the public sector, and we are well prepared to accompany them in their move to e-invoicing.”
About Esker
Esker is a worldwide leader in document process automation solutions. Addressing all types of business processes from accounts payable and accounts receivable to order processing and procurement, Esker cloud computing solutions enable companies to automate the reception, processing and sending of any business document with one platform. Esker helps over 80,000 companies across the world to reduce the use of paper and eliminate manual processes while improving their productivity, efficiency and environmental impact.
Esker has global headquarters in Lyon, France, U.S. headquarters in Madison, Wisconsin, and ANZ headquarters in Sydney (since 1997). Over 1,800 companies in Australia and New Zealand rely on Esker solutions to run their businesses. For more information, visit www.esker.com.au, follow us at twitter.com/eskeranz and read our blog on www.blog.esker.com.au.