Esker’s Accounts Receivable Solution Helps Companies Meet Requirements of the European Directive on E-Invoicing in Public P...
December 18 2014 - 7:00AM
Business Wire
Esker, a worldwide leader in document process automation
solutions, is pleased to announce the launch of an enhanced service
which will help companies comply with mandates for e-invoicing when
working with public authorities throughout Europe. Following the
April 2014 directive on e-invoicing and public procurement
(2014/55/EU), vendors will be obligated to send e-invoices to
public administrations in all European countries by 2020. This
directive will deliver significant savings for the country
governments and advance the e-invoicing market.
Esker’s Accounts Receivable automation solution is capable of
processing the different e-invoice formats used throughout Europe
(e.g., Facturae in Spain, Fattura-PA in Italy and EDI UBL in
France), as well as communicating with the platforms of each public
administration to send e-invoices and receive error
notifications.
Since January 1, 2012, suppliers have had the option of sending
e-invoices to French government ministries. The new directive
eliminates this choice for the public sector (including local
authorities and public institutions), making e-invoicing mandatory
by 2017 for large accounts and 2020 for small to mid-sized
businesses. Similarly, in Spain and Italy, all invoices sent to
public sector must be e-invoices — by January 2015 in Spain and
March 2015 in Italy.
“Esker is a key player in the document process automation
market, sending 25 million invoices annually for 11,000 customers
worldwide,” said Eric Bussy, Director of Marketing and Product
Management at Esker. “Our Accounts Receivable automation solution
has been developed to meet the specific e-invoicing needs of
companies working with the public sector, and we are well prepared
to accompany them in their move to e-invoicing.”
About Esker
Esker is a worldwide leader in document process automation
solutions. Addressing all types of business processes, from
accounts payable and accounts receivable to order processing and
procurement, Esker cloud computing solutions enable companies to
automate the reception, processing and sending of any business
document with one platform. Esker helps over 80,000 companies
around the world to reduce the use of paper and eliminate manual
processes while improving their productivity, efficiency and
environmental impact.
With 41.1 million euros in sales revenue in 2013, Esker operates
in North America, Latin America, Europe and Asia Pacific with
global headquarters in Lyon, France, and U.S. headquarters in
Madison, Wisconsin. Esker is listed on the NYSE Alternext in Paris
(Code ISIN FR0000035818). For more information, visit
www.esker.com. Follow Esker on Twitter at twitter.com/eskerinc and
join the conversation on the Esker blog at blog.esker.com.
Esker, Inc.Corporate Contact:Gina Leranth, (608)
828-6141gina.leranth@esker.comorInvestor Relations
Contact:Emmanuel Olivier, 33 (0)4 72 83 46
46olivier@esker.fr
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