IBM Sterling eInvoicing

Electronic invoicing (e-invoicing) allows you to reap the benefits of B2B (business to business) and B2G (business to government) automation while at the same time achieving higher legal certainty and lower costs to guarantee Value Added Tax (VAT) compliance. IBM Sterling eInvoicing automates business processes and tax compliance as part of a service that uses global integration standards to support both Buyer and Supplier compliance, while also maintaining conformity with tax regulations for multiple countries.

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

IBM Sterling eInvoicing provides the following additional benefits:

  • Reduces corporate risk and exposure by complying with electronic invoicing and tax regulations of countries in every geographic region.
  • Improves operational efficiencies and contains costs by automating both buyer and supplier electronic invoice processes in compliance with country specific tax regulations.
  • Eliminates the need to support multiple solutions across different geographies.
  • Provides electronic visibility of invoice data and compliance information to internal business owners and external tax authorities.
  • Provides compliant archiving options including local in-country archive when required.

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

The following supported services are available through IBM Sterling eInvoicing :

  • Invoice Signing
  • Invoice Validation
  • Archive and Audit Services