Category: Uncategorized @en-gb

Electronic Invoicing in Ireland

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Renny Smith

In Ireland, the modernisation of VAT reporting is imminent, with expectations to mandate real-time reporting and e-invoicing for both business-to-business and business-to-government transactions. The Irish Department of Finance’s recent consultation hints at transformative changes in e-invoicing regulations. Mandatory e-invoicing for B2B and B2G transactions is under consideration, which have the potential to reshape Ireland’s financial […]

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Electronic Invoicing in Lithuania

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Renny Smith

In Lithuania, companies have long been required to send their invoices to public institutions electronically via via E. sąskaita. There are many advantages to introducing mandatory e-invoicing. For example, it promotes efficiency, transparency and accuracy in public procurement processes. Starting from July 1, 2024, all invoices to public institutions in Lithuania must be sent through […]

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TrueCommerce Achieves SAP Certification for EDI Integration with SAP S/4HANA Cloud Public Edition

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Renny Smith

By Ryan Tierney We are thrilled to announce that TrueCommerce has recently achieved certification for its electronic data interchange (EDI) solution by SAP, marking a significant milestone for our integration capabilities with SAP S/4HANA Cloud Public Edition. This certification is a testament to the robustness and reliability of our solutions and also reinforces our commitment […]

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Electronic Invoicing in Romania

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Renny Smith

Romania is in the process of implementing mandatory B2B e-invoicing. The implementation has already commenced, and from July 2024, companies will face fines if they do not comply with the new requirements. This is relevant for companies with subsidiaries in Romania.  Overview   In October 2023, the Romanian Ministry of Finance published new legislation requiring the […]

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E-Invoicing in Malaysia 

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Renny Smith

Important Information about the e-invoicing mandate in Malaysia  The Malaysian Government has announced that it will use PEPPOL for its future e-invoicing exchange model and implement a CTC mandate with a Pre-Clearance model.   In October 2023, the Inland Revenue Board of Malaysia (IRBM) announced that e-invoicing would be gradually implemented from 1 August 2024. […]

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TrueCommerce: A Leader in Multi-Enterprise Supply Chain Commerce Network

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Renny Smith

By Ryan Tierney  TrueCommerce was recently named a Leader in the IDC MarketScape: Worldwide Multi-Enterprise Supply Chain Commerce Network (MESCCN) 2023 Vendor Assessment* report. This IDC MarketScape study includes an evaluation of 14 vendors that met the strict criteria and broad competencies established by IDC for supply chain commerce networks. The report evaluates vendors based on […]

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TrueCommerce is Recognised as a Leading Advisor for E-Invoicing Implementation in Germany 

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Renny Smith

The future of B2B invoicing in Germany   TrueCommerce was recently featured in Germany’s top online magazine for technology and innovation, IT Zoom Germany. The publication delivers expert insights, industry news, and analysis on IT trends, software development, cybersecurity, and emerging technologies.  In Germany, the implementation of e-invoicing is set to become mandatory with the legislative […]

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TrueCommerce Recognised as a Leader in IDC MarketScape: Worldwide Multi-Enterprise Supply Chain Commerce Network for third time

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Renny Smith

By Ryan Tierney The need for robust, integrated solutions for supply chain management has never been greater. As businesses strive to navigate the complexities of global supply chains, having a reliable, efficient network that connects all facets of the supply chain ecosystem becomes paramount. This is where TrueCommerce shines. We believe our recent recognition as […]

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E-invoicing in Japan

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Renny Smith

E-invoicing, also known as electronic invoicing, is becoming increasingly important in Japan. With the introduction of Japan’s electronic invoicing standard in 2012, companies were encouraged to switch to electronic invoicing to increase efficiency and reduce paper costs.  There are many advantages of e-invoicing in Japan. Businesses can save time and resources by automating the manual […]

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What is the difference between CTC and Post Audit?

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Renny Smith

Exploring the Distinctions Between Continuous Transaction Control (CTC) and Post Audit In the corporate landscape with a global footprint, professionals often encounter frameworks such as Continuous Transaction Control (CTC) and Post Audit, particularly if their organisations maintain branches across diverse jurisdictions. Both CTC and Post Audit represent models that tax authorities in various countries can […]

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