CompanyXP Electronic Billing with PEPPOL
Electronic Billing
Electronic billing in Europe is becoming increasingly popular as more businesses find ways to reduce costs and increase efficiency. Electronic billing solutions allow companies to issue invoices and send them to customers electronically, without the need for paper or manual processing. This makes it easier and faster for customers to pay their bills, as well as providing a secure and traceable payment method for businesses. Electronic billing can also help businesses to reduce their carbon footprint and save money on postage and printing costs.
Furthermore, electronic billing solutions in Europe are becoming increasingly regulated, ensuring that businesses can trust the security and reliability of their payment systems.
Why PEPPOL?
PEPPOL (Pan-European Public Procurement On-Line) is an electronic billing system used in Europe to streamline electronic invoicing and billing processes between business partners. It is a pan-European initiative and is based on a set of standards that provide a secure, digital environment for the exchange of data between companies. PEPPOL enables businesses to exchange invoices and other documents electronically, reducing manual processing and administrative costs. This system is used to streamline the procurement process, making it more efficient and cost-effective.
PEPPOL also helps to ensure better compliance with European Union (EU) legislation, such as the PSD2 directive on payment services.
Technically, in the PEPPOL system, each company is identified by a unique identifier (an Access Point Identifier or APID) that is used to route documents between trading partners. The documents are then signed with an electronic signature to ensure security and authenticity. The data is then transmitted over the internet using an XML format, allowing for a faster and more secure exchange of information. This system eliminates the need for manual data entry, reducing the risk of errors and fraud.
PEPPOL is becoming increasingly popular in Europe and is being adopted by many businesses.
Used in more than 20 countries in Europe, including Belgium, Finland, France, Germany, Italy, Luxembourg, Norway, Poland, Portugal, Spain, Sweden and the United Kingdom. The number of countries using PEPPOL is growing rapidly, as more and more organisations realise the many benefits that it offers.
Implementing PEPPOL invoicing solution is a complicated business that involve knowledges in e-procurement, four corner operation as well as AP (access point) and SML (service metadata locator) and not as last the SOAP and XML standards.
Company Expert billing solution offers the most easy and ready to use solution where the operator just click-and-send the document trough PEPPOL network. NO development, NO XML or SOAP implementation, just a register in our system and get ready for sending and receiving electronic invoices.
Are you not sure about adoption of our solution? Just give us a FREE try with NO any obligations.
Do you have your billing solution and you just need to send your XML trough PEPPOL network? We can offer you access to our API as a ready-to-use solution for fast integration. Contact our technicians and they will assist you over the full process.