COVENTRY, England, April 23, 2024 (GLOBE NEWSWIRE) -- TrueCommerce, a global provider of supply chain and trading partner connectivity, integration and omnichannel solutions, today announced its global e-invoicing and Continuous Transaction Controls (CTC) solution that enables organisations to keep pace with the constantly changing legal requirements across the globe and support compliant electronic invoicing. TrueCommerce is a global market player supporting both e-invoicing and CTC and provides access to a comprehensive global EDI network as well as B2B eCommerce and ERP integration.
Due to the complexity of navigating a landscape of ever-changing country-specific e-invoicing requirements and deadlines, companies are facing an increase in requirements from tax authorities around the world, with many digital initiatives having either been implemented or planned across Europe. This makes it a challenge for companies that operate in and have VAT liability in multiple countries.
“As organisations continue to undergo digital transformation initiatives, adopting electronic invoicing has become imperative as current e-invoicing methods are or will become non-compliant,” said Jakob Vestergaard, Managing Director, Europe, TrueCommerce. “As a trusted partner, TrueCommerce and our e-invoicing compliance solution provide our customers and channel partners with the proven technology and regulatory insights needed to stay ahead of the market and ensure compliance.”
TrueCommerce's global e-invoicing compliance solution enables businesses to easily transition from paper-based invoices to an automated and secure digital system. By digitising the invoicing process, organisations can improve efficiency, reduce costs, and enhance their overall supply chain management. TrueCommerce routes customers’ e-invoices via its EDI platform and through the available networks, including support globally through its extensive global Value-Added Network (VANS) and PEPPOL Gateway.
For CTC, a complex e-invoicing requirement which is gaining foothold across Europe to prevent tax fraud and increase efficiencies, TrueCommerce has strong partnerships with key market players to support CTC and VAT reporting.
With built-in document validation and compliance checks, TrueCommerce's e-invoicing solution provides an efficient, accurate and tax compliant exchange of e-invoices. The software integrates with existing ERP systems, making the transition to electronic invoicing seamless for organisations.
To learn more about TrueCommerce's e-invoicing and CTC solution and how it can benefit your business, visit: https://www.truecommerce.com/uk-en/what-is-e-invoicing/.
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About TrueCommerce
At TrueCommerce, we empower businesses to improve their supply chain performance and drive better business outcomes. Through a single connection to our high-performance global supply chain network, businesses receive more than just EDI, they get access to a fully integrated network that connects their customers, suppliers, logistics partners and internal systems. Our cloud-based, fully managed services help businesses achieve end-to-end supply chain management, streamlined delivery, and simplified operations. With 25+ years of expertise and trusted partnership, TrueCommerce helps businesses reach their true supply chain potential today while preparing them for the future with our integration-agnostic network. That’s why thousands of companies—from SMBs to the global Fortune 100, across various industries—rely on us. To learn more, visit https://www.truecommerce.com/uk-en/.
TrueCommerce is a trademark of True Commerce, Inc. All other trademarks are property of their respective owners.
