In this post, we’ll explore electronic invoicing in the USA and discuss the government’s efforts to enhance alignment and interoperability. We’ll also elaborate on the trends and regulations shaping the future of e-invoicing in the USA.…
15 posts tagged
U.S.
First Invoice on the U.S. E-invoicing Network Successfully Received by Storecove
The Digital Business Networks Alliance reached an important milestone on March 5, 2024, when the first invoice was successfully transferred via the U.S. open exchange network. Facilitated by Avalara and Storecove, two certified DBNAlliance service providers, this achievement highlights the network’s effectiveness in facilitating smooth business transactions across…
Introducing Standardized Global Identifiers on the DBNAlliance Network
Last month, the U.S. Open Exchange Network (DBNAlliance) introduced a groundbreaking initiative: standardized company identifiers per country. With the implementation of these identifiers, companies across the globe now have the capability to send and receive e-invoices upon establishing connectivity to a DBNAlliance access point. This development is particularly valuable…
The Rise and Role of the Digital Business Network Alliance
The Digital Business Network Alliance (DBNAlliance), a collaborative effort of the BPC and the Federal Reserve Financial Services, is a market-ready exchange framework based on technical standards and policies to allow businesses to exchange electronic invoices and supply chain documents safely.…
U.S. Invoice Requirements Explained: Essential Details for Compliance
The U.S. is steadily moving towards the digitization of invoicing. In 2015, the Office of Management and Budget (OMB) mandated that all federal agencies issue e-invoices by the end of 2018. Now, the Business Payments Coalition (BPC) has concluded a market pilot for B2B e-invoicing and has established an…