Effortless Invoicing Made Easy with GetYourBill: Eliminating Invoicing Mistakes
Streamlining Electronic Invoicing in Italy: The Role of GetYourBill and Intesa
In the ever-interconnected European market, GetYourBill is making strides in the internationalization of invoicing. Founded in 2014, the platform has been a game-changer for businesses in Italy, particularly Small and Medium-sized Enterprises (SMEs).
Three years ago, mandatory electronic invoicing was introduced in Italy, revolutionizing the way businesses operate. Today, the rejection rate of invoices on the GetYourBill platform is close to zero, thanks in part to the contribution of Intesa, a leading certification authority.
Pre-electronic invoicing activities such as compiling information, bringing paperwork to the accountant, and collecting client signatures are now distant tasks. GetYourBill uses Intesa's Sign platform for managing contractual procedures with merchants via API integration and cloud technologies. This integration extends to Intesa Sign's retrieval of merchant data to complete subscription documents.
However, some VAT-registered entities under a flat-rate scheme and SMEs are still encountering some inconveniences related to issuing invoices. GetYourBill is often contacted by foreign companies that have clients in Italy and need to manage invoicing in the country.
The European Commission has noticed the results achieved with electronic invoicing in Italy and is working to create a shared regulatory framework for invoicing. This development may impact the future of electronic invoicing in Italy.
GetYourBill's cloud database allows sales points to obtain all other data and create an error-free electronic invoice with just the customer's VAT number. The platform offers integration with the most widely used cash register management systems.
The Sistema di Interscambio (SDI), operated by the Italian Revenue Agency, manages all electronic invoicing centrally. This system enhances tax compliance, combats fraud, and reduces administrative costs for businesses. It supports both national (FatturaPA) and European (EN 16931) e-invoicing standards.
In collaboration with Intesa, GetYourBill has introduced a control and correction system that ensures rejected invoices are retrieved and managed. This system is a testament to the platform's commitment to error-free electronic invoicing.
As the path of electronic invoicing in Italy continues to develop within evolving regulations, GetYourBill and Intesa are poised to play significant roles in simplifying the process for businesses, contributing to a more efficient and compliant business environment.
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Technology facilitates seamless business operations as GetYourBill leverages cloud and API integrations with Intesa's Sign platform to manage contractual procedures and merchant data.
Significant advancements in finance, such as electronic invoicing, are anticipated to expand further due to the European Commission's efforts to create a unified regulatory system for invoicing, potentially impacting GetYourBill and Intesa's partnership in Italy.