Documents
The new electronic documents for invoicing and more
The new E-invoice Exchange Framework is designed to facilitate the efficient exchange of e-invoices and payment remittance information through a standardized, interoperable network.
At its core, the framework operates similarly to email networks, where service providers act as access points to deliver and receive data for their clients. Businesses engage with their chosen e-invoice provider, which then transforms the invoice data into a standard format compliant with the exchange framework.
This standard format ensures that invoices can be seamlessly processed and understood by any other access point within the network.
The framework supports various document types and communication protocols, enabling flexibility and adaptability for different business needs. Key documents include the e-invoice itself, which contains all the necessary transaction details, and e-remittance information, which provides detailed payment data.
Communication protocols within the framework ensure secure and reliable data transfer, maintaining the confidentiality and integrity of business transactions. By leveraging these standardized documents and protocols, businesses can achieve straight-through processing, reducing the need for manual intervention and speeding up payment cycles.
The Documents
The E-invoice Exchange Framework facilitates the exchange of standardized electronic invoices (e-invoices) and electronic remittance (e-remittance) documents, ensuring interoperability across different platforms and systems.
By adhering to these standards and protocols, businesses can achieve streamlined and automated processing of invoices and payments, reducing manual efforts and enhancing efficiency.
For more detailed information about the DBNAlliance and the E-invoice Exchange Framework, visit DBNAlliance.