Major Global Food Company
- Established B2B e-commerce programme around the world including Australia, Hong Kong, Sweden and the UK
- Exchanging over 3 million invoices a year among internal company entities
Objective
Ensure that invoices exchanged between internal entities are compliant with regulations of each country in Europe to avoid potential for VAT audit penalties
Steps to Success
- Engage with a vendor that has expertise with varying European e-invoicing regulations
- Ensure that the vendor has significant scale and presence in Europe to support over 1.5 million internal invoices per year in Austria, Belgium Denmark, Finland, France, Germany, Ireland, Italy, Sweden Switzerland, Netherlands, Norway, UK
Result
Implemented a compliant programme ahead of schedule