The DBNAlliance is an organization that oversees an electronic invoicing network that operates similarly to the PEPPOL network. The exchange framework is a four-corner network model that is gaining traction among businesses in the US.…
6 posts tagged
DBNAlliance
Connecting to the U.S. Open Exchange Network (DBNAlliance): Benefits for ERP Systems
Implementing mandatory electronic invoicing in the US faces various challenges, including the lack of a centralized e-invoicing platform. This article will discuss the Digital Business Networks Alliance, the e-invoicing model used, and how ERP systems can benefit from connecting to it.…
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.…
US Invoice Requirements Explained: Essential Details for Compliance
The US is steadily moving towards the digitization of invoicing. In 2015, the OMB mandated that all federal agencies issue e-invoices by the end of 2018. Now, the BPC has concluded a market pilot for B2B e-invoicing and has established an exchange network to facilitate the transfer of e-documents between…