We’re excited to announce that Fintua has become a member of OpenPeppol, a significant step in our commitment to innovation and excellence in VAT compliance solutions.
What is OpenPeppol?
OpenPeppol is a non-profit international association that plays a crucial role in enabling businesses to communicate electronically with any European government institution in procurement and invoicing processes. It manages the Peppol (Pan-European Public Procurement Online) network, which is rapidly becoming the standard for e-invoicing and e-procurement across Europe and beyond.
Key aspects of OpenPeppol include:
- Developing and maintaining the Peppol specifications and agreements
- Enabling cross-border e-procurement and e-invoicing
- Promoting interoperability between different e-procurement systems
What This Means for Fintua
As an OpenPeppol member, we now have:
- Direct influence on the development of Peppol standards
- Early access to upcoming changes and innovations in e-invoicing
- Participation in OpenPeppol working groups and communities
- Enhanced ability to serve our clients with Peppol-compliant solutions
How This Benefits Our Clients
Our OpenPeppol membership translates to several advantages for our clients:
- Future-proofed compliance: We can ensure our solutions remain fully compliant with the latest Peppol standards.
- Enhanced interoperability: Our services will seamlessly integrate with Peppol-based systems across Europe.
- Future-proofing: As Peppol adoption grows globally, our clients will be well-positioned to adapt.
- Expertise: We’ll have insider knowledge of Peppol developments to better advise and support our clients.
Looking to the Future
E-invoicing is set to become mandatory across the EU under the VAT in the Digital Age (ViDA) initiative. Our OpenPeppol membership positions us at the forefront of these changes, allowing us to:
- Contribute to shaping e-invoicing standards
- Develop innovative solutions aligned with emerging requirements
- Help our clients navigate the evolving VAT compliance landscape
As we embark on this exciting journey with OpenPeppol, we reaffirm our commitment to providing cutting-edge VAT compliance solutions.
We look forward to leveraging this partnership to deliver even greater value to our clients in the rapidly evolving world of digital taxation.
Stay tuned for more updates as we continue to lead the way in VAT technology and services!
Authors
Lisa Dowling
Chief Tax & Compliance Officer at Fintua
Specialising in International VAT Compliance solutions, Lisa brings a wealth of knowledge and insight in her dealings with a host of international clients ranging from start-ups through to multinationals. With 21 years VAT experience behind her, Lisa has managed VAT compliance issues and solutions globally for for over 11 years. Fintua have 12,000 + corporate clients in over 109 countries and many of these are members of the Fortune 500.
