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…
13 posts tagged
USA
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…