Trends in Global e-Invoicing Compliance featuring KONE

Presented by

Liisa Kurki, Solution Owner Purchase to Pay & Order to Cash from KONE and Georg Sonner, Global Business Advisor from Basware

About this talk

Overview of Global Requirements and How e-Invoicing Networks Help Overcome Compliance Challenges Global organisations are increasingly under scrutiny by local regulations when it comes to e-invoicing. New government mandates that carry strict rules on the handling of electronic business documents have a strong impact on the ways organisations interact with their business partners. Seen together, these local requirements pose global e-invoice compliance challenges. For instance, some countries follow post-audit models, while an increasing number of countries introduce clearance models. In this pre-recorded webinar, Georg Sonner, Global Business Advisor from Basware provides you with an overview of current developments in global e-invoicing compliance, what different compliance models mean to your organisation in practice, and why it is important to consider them in your business planning. With first-hand experience, Liisa Kurki, Solution Owner Purchase to Pay & Order to Cash from KONE, joins us to give a real-life example of how compliance can be considered in a global e-Invoicing strategy and how KONE took advantage of the global e-Invoicing network from Basware to ease the burden. In this pre-recorded webinar you will learn: - The difference between the two different compliance models: post-audit vs. clearance model. - How to tackle compliance in your e-Invoicing strategy. - Best practices from KONE of how to approach global compliance strategically and in practice.

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Basware is the only procure-to-pay and e-invoicing solution provider that empowers businesses with 100% spend visibility through 100% supplier connectivity and 100% data capture. Our cloud-based technology enables organizations to fully manage their spend, mitigate financial risk and reduce the cost of operations via automation. With the world’s largest open business network and an open technology ecosystem, we are uniquely positioned to deliver the solution required for Visible Commerce, which provides customers with complete transparency into all the flows of money, goods, and services around the world. A global company, Basware has offices in 14 countries and is traded on the Helsinki exchange (BAS1V: HE).