While European tax authorities make global headlines with sweeping government mandates and strict continuous transaction controls, the United States is quietly executing its own digital invoicing transformation. American businesses are not waiting on an act of Congress or an IRS decree to modernize their supply chain finance. Instead, a powerful…
18 posts tagged
U.S.
Why U.S. Businesses Shouldn’t Wait for an E-Invoicing Mandate
If you’ve been following the conversation around e-invoicing in the United States, you’ve probably heard the same thing more than once: “There’s no federal mandate, so there’s no reason to rush.” On the surface, that sounds true. Unlike many countries across Europe, Latin America, and Asia,…
Storecove Supports the U.S. E-Invoicing Conference in New York
Storecove is a proud sponsor of the upcoming U.S. E-Invoicing Conference in New York City on April 22. The event brings together key stakeholders across finance, tax, procurement, and IT to discuss how e-invoicing is evolving in the U.S. and what comes next as interoperability gains traction. In…
What is the DBNAlliance? | How It Works and Its Benefits
The Digital Business Networks Alliance (DBNAlliance) is an open exchange network built for businesses in North America, with a special focus on the U.S. It is similar to Peppol, another open exchange network used primarily in Europe and Asia. Businesses can connect once, then easily transmit documents regardless of…
How to Connect to the DBNAlliance: A Step-By-Step Guide
The Digital Business Networks Alliance (DBNAlliance) is an open exchange network for businesses in North America, with a special focus on the U.S. It functions similarly to Peppol – businesses can connect once, then easily send and receive documents regardless of what software, platform, or network the target organization uses.…
The Role of E-invoicing in U.S. Digital Tax Reporting
Most countries worldwide are working towards real-time tax compliance to help reduce evasion and fraud. They are mandating e-invoicing, allowing them access to transactions and participant information. Moreover, it streamlines business operations by increasing accuracy and saving time.…
U.S. Small Businesses Transition to E-invoicing Trends |Storecove (Common Mistakes to Avoid)
Electronic invoicing is not currently mandatory in the United States. However, global changes in document digitization significantly impact American companies that run international businesses and strive to optimize invoicing costs.…
Key Differences Between B2B and B2G E-invoicing Transactions in the U.S.
The Business Payments Coalition (BPC) and the Federal Reserve launched the project to try and overcome the challenges of implementing a nationwide e-invoicing mandate. In this post, we’ll discuss B2B and B2G electronic invoicing in the US, their key differences, and their benefits.…
11 Top Reasons E-invoicing is a Must for U.S. Businesses | Avoid Penalties & Save Time
Though electronic invoicing is not yet mandatory for B2B transactions in the US, more and more businesses are embracing it and choosing to send and receive invoices electronically instead of using traditional paper-based invoices.…
E-invoicing Adoption in the U.S.: Key Drivers and Challenges
In this post, we’ll discuss the benefits and challenges businesses in the U.S. can gain from adopting electronic invoicing. We’ll also look at the e-invoicing requirements and process and the potential impact of a U.S. federal government mandate on e-invoicing.…