e.Invoice Center: Complex Regulations, Multiple Formats, One Simple Solution

TM e.Invoice Center TM Your business meets cross-border requirements. Now your invoices can, too. Automatically – On-Demand. TM Complex Regulations, Multiple Formats, One Simple Solution When the EU member states began implementing e-invoicing laws to meet the January 2004 deadline, they were free to set their own e-invoice security standards. The resulting diversity represents a challenge to electronic invoicing across the EU and beyond. This quickly becomes obvious to companies as they start to transition to national and international e-invoicing. Apart from legal variations, their channel of choice. This unified some time yet. We would like to there are also different e-invoice environment means that customers discuss with you how StreamServe formats that suit different needs. can smoothly migrate to electronic can deliver immediate gains by For example, some customers may delivery with no impact on your stream-lining the current paper require invoices that can be read processes. Changing a customer process while simultaneously with a browser; others might want preference from paper to electronic creating the long-term capability invoices submitted directly to their is as simple as flipping a switch. So you need to transition to electronic back-office systems or an e-invoicing the overall transition can be as rapid invoicing. Please contact us at the service provider. or as gradual as your customers nearest office, or visit us on the web prefer. at http://www.streamserve.com/ The simple answer to this 2008/einvoice-center to learn more. complexity, of course, is to have The solution requires minimal or no an invoicing solution that can take alteration to existing applications Multi-step business application care of it for you. StreamServe E-IC and systems because it accepts the process duplicated for every does just this. Using an no-demand required data through the output invoice variation and each solution, StreamServe automatically stream already in use. It also outputs separate output format. creates e-invoices that comply* to commonly used archiving systems with applicable EU regulations and/or the included StreamServe Each application requires separate and that accommodate customer document storage system. business process definitions, from preferences. So you can deliver data collection to document invoices in the preferred format and Lower Cost, Higher Efficiency distribution. This requires multiple not worry about a legal technicality Gartner Group estimates that resources, each with different interrupting your revenue stream. sending each paper invoice costs application- or system-specific about 5€. knowledge. One Streamlined Process for Paper E-invoicing can cost under 1€. Existing invoices delivered through and Electronic The unified StreamServe process print or electronically require Although electronic invoicing separate development, creation, also delivers noticeable savings will eventually become standard and management. for traditional paper invoices; for practice—the benefits are simply example, by reducing or eliminating Different skill-sets needed too great to ignore—traditional manual handling, and by printing depending on enterprise systems paper invoicing will predominate invoices in groups optimized for involved. for some time to come. the most efficient and cost-effective The StreamServe E-IC solution delivery. On average, ROI can be Change process is cumbersome, integrates a single, streamlined achieved in six to twelve months. and time- and resource- process into your existing workflow consuming. Invoices lack consistent The Bottom Line organization, look and feel, and to automatically produce both paper and electronic invoices in E-invoicing will inevitably replace brand image. the form and format that each paper as the standard form, customer prefers, delivered through although that is expected to take ”StreamServe has returned a staggering ROI: It has enabled us to modify documents in minutes rather than weeks, and reduce the size of an invoice from four pages to a page.” One streamlined process produces Electronic invoices traverse the StreamServe Clients all invoice variations and desired EU in the blink of an eye. Organizations such as Bravida, output formats But you and your customer can Copaco, Nesa, and TDC are already One master template drives all be in VAT trouble if the invoice using and enjoying the benefits desired variations (paper, electronic, does not meet legal requirements. of StreamServe EU-Invoicing. archival), simplifying development, StreamServe EU-Invoicing™ Other StreamServe clients include production, and maintenance. automatically creates and delivers leading global companies such as country-compliant electronic Bayer, BMW, China Light & Power, StreamServe automatically invoices. The same streamlined Circuit City, Coca-Cola Enterprises, generates electronic format process can also significantly DaimlerChrysler Bank, ING and preferred by the customer, including cut costs associated with paper Postbank. correct digital signature and other invoicing. compliance elements required by EU countries. About StreamServe ”StreamServe has returned a Creating or modifying invoices StreamServe™ Enterprise Document staggering ROI: It has enabled us requires substantially fewer Presentment (EDP) software enables to modify documents in minutes resources and effort. Invoices the world’s leading companies to rather than weeks,and reduce delivered via paper or human- communicate effectively with their the size of an invoice from four readable formats, such as PDF, share customers, partners and suppliers pages to a page. We can also consistent appearance. through the automated creation deliverinvoices to suit each client’s and presentment of documents needs, while promoting our brand Invoices reinforce firm’s brand in any format and channel. consistently across Europe. As a identity, including color, logos, StreamServe’s EDP solutions enable result, StreamServe has been a real taglines, etc. Dynamically more than 4,400 customers in 130 strategic asset for us on a number of generated, the invoices can also countries to present a full range levels.” include division, subsidiary, or other of interactive, electronic and print- identifying brand elements specific based documents generated by Matt Pemberton, to the customer or account. enterprise applications.