Question & Answer
Question
IBM Sterling e-Invoicing
Answer
IBM Sterlinge-Invoicing
IBM? Sterlinge-Invoicing helps youadapt to the complex ever-changing business and technical regulationsassociated with international electronic invoicing and to be ableto reclaim Value Added Tax (VAT) funds. Sterling e-Invoicing automatesbusiness processes and tax compliance as part of an on-demand servicethat uses global integration standards to support both buyer and suppliercompliance while also maintaining conformity with tax regulationsfor multiple countries.
Sterling e-Invoicing providesthe following benefits:
- Reduces corporate risk and exposure by complying with electronicinvoicing tax regulations of multiple countries
- Improves operational efficiencies and contains costs by automatingboth buyer and supplier electronic invoice processes in compliancewith country specific tax regulations
- Eliminates the need to support multiple solutions across differentgeographies
- Increases visibility of invoice data and compliance informationto internal business owners and external tax authorities
Sterling e-Invoicing enablescompanies to develop a global cross-organizational view of electronicinvoice tax compliance that allows regional departments (CFO/AccountsPayable/Account Receivable IT Purchasing/Procurement Legal Salesand Tax) to support uniform technical and business processes in accordancewith corporate objectives.
Sterling e-Invoicing Services
Theservices provided by Sterling e-Invoicing include:
- Signature Services
Signature services can be purchased by aSupplier or by Buyers on behalf of their suppliers. Signature servicesprovide for the digital signing of an e-invoice and include checkingfor duplicate invoices.
- Validation Services
Validation services provide for the validationof signed invoices and include checking for duplicate invoices. Validationservices can be purchased by a Buyer or by Suppliers on behalf oftheir buyers.
- Archive Services
Archive services allow Sterling B2B CollaborationNetwork toarchive data on behalf of the buyer or supplier for extended periodsof time up to 11 years. Data retention requirements for e-invoicesvary by country.
- Audit Services including audit/re-validation services performedby an auditor
Audit services provide for the re-validation of ane-invoice by your company staff or by a tax auditor. Audit servicesare included as part of archive services.
Acceptable Connection Protocols
IBM customers are requiredto connect to Sterling B2B CollaborationNetwork usingcommunications protocols that ensure the integrity and authenticityof the supplier's invoice data ("first mile security and last milesecurity"). The supported protocols are:
- HTTP/S
- FTP/S
- SFTP
- FTP/PGP
- AS2
- Sterling Connect:Direct? Secure Plus
- FTP over VPN
- X.400
- OFTP
Supported Inbound Data Formats
The followingdata formats are supported for inbound invoice data.
EDI:
- ANSI X.12
- EDIFACT
Non-EDI:
- XML
- Fixed-length flat files
- Variable-length flat files (such as .csv files)
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Document Information
Modified date:
08 December 2018
UID
ibm10758415