Next step towards standardised U.S. e-invoicing framework
One of the first steps to achieving ubiquitous B2B electronic payments in the United States is establishing a standard way to send electronic invoices between businesses. The e-invoice exchange framework, imagined and championed by the BPC, is a way to do just that. To make this concept a reality, the Fed and BPC, along with a number of industry stakeholders, are collaborating to establish this exchange in market.
An in-market pilot program is planned for early 2022, to test the exchange of e-invoices between businesses by establishing a secure, open e-invoice delivery framework between providers.
Source The Federal Reserve/Bruno Koch
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