- PEPPOL is an international network for exchanging electronic documents, including e-invoices. It provides a systematic process for sending e-invoices, which involves creating a profile, choosing an access point, selecting a recipient, filling and sending the invoice, and monitoring the status. PEPPOL offers solutions for global compliance of documents, making it easier to transact globally by complying with different rules and regulations.
- PEPPOL consists of the PEPPOL eDelivery Network, PEPPOL Business Interoperability Specifications (BIS), and PEPPOL Transport Infrastructure Agreements (TIA). It enables interoperability of procurement and business services and processes, simplifying onboarding for trading electronically.
- An e-invoice is an electronic format of an invoice exchanged between a supplier and a buyer. It has structured invoice data using standard internet-based web forms and is issued in Electronic Data Interchange (EDI) or XML formats. E-invoicing reduces costs, saves time, and offers better integration between invoicing software and other business systems.
- To send an e-invoice using the PEPPOL network, one needs to create a personal profile, choose a PEPPOL Access Point, and select the recipient of the invoice. The four parties involved in sending the invoice are the sender’s company, the recipient, and their respective Access Points.
Source Storecove
- See also Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
