As international regulatory necessities for digital invoicing (e-invoicing) change into extra stringent, worldwide corporations are feeling the stress to maintain up. Europe, specifically, is advancing with initiatives just like the value-added tax (VAT) within the digital age (ViDA), which goals to modernize VAT programs to align with the digital economic system.

That is a part of a broader pattern the place areas like Latin America and rising markets are mandating companies to ship and obtain e-invoices that meet evolving authorized requirements. These mandates are advanced and fast-changing, with every nation adapting one among 5 mandate archetypes to go well with its distinctive geopolitical and legislative agenda. Non-compliance isn’t an possibility, as it could result in non-payment of invoices and vital penalties.

In accordance with a current report, e-invoicing is rising by 28% yearly worldwide, and over 110 nations have current or pending e-document laws. Thus, staying knowledgeable about developments like ViDA is essential for companies to navigate these modifications efficiently.

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A novel resolution for at the moment’s most urgent compliance challenges 

Thomson Reuters ONESOURCE Pagero and Oracle have teamed as much as ship a singular resolution for at the moment’s most urgent compliance challenges. They’ve created a pre-built, embedded e-invoicing integration that eliminates the necessity for conventional, time-consuming enterprise useful resource planning (ERP) connections. This resolution is tailored for organizations already utilizing Oracle Fusion Cloud Enterprise Useful resource Planning (ERP), particularly these working in nations with present or upcoming e-invoicing mandates. Oracle prospects can activate ONEOURCE Pagero’s industry-leading platform instantly from Oracle Cloud ERP and ship and obtain compliant e-invoices with just some configuration steps.

This partnership leverages Oracle’s business-to-business (B2B) know-how platform. By working carefully with Oracle’s product and know-how groups, ONESOURCE Pagero collectively delivers best-in-class invoicing compliance natively inside Oracle Cloud ERP. This delivers prospects a seamless expertise with minimal to no implementation effort for the mixing and on the spot entry to a completely compliant resolution.

An easier, smarter structure

Oracle prospects now can simplify their integration processes with the introduction of the brand new B2B integration by ONESOURCE Pagero. This pre-built resolution is designed to handle advanced invoicing situations, similar to self-billing and corrective invoices, with out in depth customizations. It helps guarantee compliant e-invoicing by accommodating country-specific codecs, specialised knowledge fields, and numerous doc varieties. Because of this, prospects can take pleasure in a streamlined expertise with out combining a number of instruments or managing extra integrations.

Deep purposeful protection and international attain

ONESOURCE Pagero’s purposeful breadth is one among its most vital differentiators. Whereas some suppliers declare to help a variety of nations, many depend on associate preparations or loosely linked programs that fail to ship a cohesive expertise. In distinction, ONESOURCE Pagero is constructed on a cloud-native, microservices structure designed for scale, pace, and resilience. Main benefits embrace:

1. Unified protection throughout nations, doc varieties, and regulatory codecs.

ONESOURCE Pagero standardizes international e-invoicing compliance, supporting laws in additional than 80 nations. It routinely codecs paperwork to satisfy authorities necessities, streamlining compliance and decreasing threat. This eliminates the necessity for region-specific programs or guide workarounds. Whether or not you’re in Germany, Brazil, or India, ONESOURCE Pagero ensures the proper codecs, fields, and workflows are utilized routinely.

2. Assist for each AP (accounts payable) and AR (accounts receivable) e-invoicing flows.

True end-to-end compliance requires protection on each side of the invoicing equation. ONESOURCE Pagero offers sturdy help for each inbound AP and outbound AR e-invoice processing, permitting companies to ship, obtain, and reconcile e-invoices inside a single resolution. This dual-flow performance simplifies operations, improves visibility, and ensures that organizations can meet each provider and purchaser compliance obligations from one platform.

3. Superior automation, together with bill enrichment, validation, and audit.

Guide overview of invoices is resource-intensive and vulnerable to error. ONESOURCE Pagero reduces this burden by utilizing clever automation options that enrich invoices with lacking knowledge, validate content material towards country-specific guidelines, and flag discrepancies earlier than submission. Constructed-in audit trails additional help transparency and traceability.

4. Direct entry to a enterprise community of 14 million entities, offering a easy change of compliant paperwork.

ONESOURCE Pagero Community offers customers with on the spot connectivity to over 14 million companies worldwide, together with consumers, suppliers, and companions. This in depth community consists of each direct connections and interoperability agreements with different platforms. It facilitates the quick, safe, and compliant change of e-invoices and different enterprise paperwork.

A contemporary resolution with a number of advantages 

E-invoicing necessities not often keep the identical. Governments incessantly revise codecs, knowledge fields, and timing expectations at a speedy tempo. This creates an ongoing burden for company tax and IT departments, particularly when their programs depend on older, extra inflexible integration frameworks.

ONESOURCE Pagero integrates with Oracle’s B2B, providing a extra versatile and fashionable resolution instantly inside Oracle Cloud ERP. As mandates change, the built-in resolution evolves in lockstep, eliminating the necessity for corporations to reimplement their e-invoicing resolution. This leads to fewer delays, minimal disruptions, and better confidence in ongoing compliance.

The ONESOURCE Pagero and Oracle partnership introduces a number of key advantages that stand out in a crowded market of compliance options:

• Accelerated time to worth: Oracle Cloud ERP’s pre-built integration eliminates the necessity to scope, construct, and take a look at customized connections. Customers can stand up and operating a lot quicker.
• Improved threat administration: A single integration level reduces the prospect of failures throughout touchpoints, reducing operational threat.
• Lengthy-term resilience: As new mandates emerge and current ones evolve, ONESOURCE Pagero’s shut collaboration with Oracle ensures the mixing stays present and succesful.

IDC acknowledges ONESOURCE Pagero’s e-invoicing management

ONESOURCE Pagero leads the {industry}, as famous within the IDC MarketScape: European Compliant E-Invoicing 2024 Vendor Evaluation. The report praised its sturdy e-invoicing compliance capabilities. Key strengths embrace:

• In depth community attain: ONESOURCE Pagero’s platform connects over 14 million companies and integrates with greater than 100 networks, hubs, and authorities platforms, providing substantial compliance connectivity for purchasers.
• Lively {industry} engagement: ONESOURCE Pagero maintains sturdy ties with regulatory our bodies and {industry} organizations, together with the OECD, PEPPOL, GENA, and the EU’s Taxation and Customs Union, making certain up-to-date compliance help for purchasers.
• Trusted advisory position: ONESOURCE Pagero’s group of in-house regulatory consultants offers purchasers with well timed insights into evolving e-invoicing laws and mandates, positioning the corporate as a dependable advisor within the compliance discipline.

IDC’s evaluation highlights ONESOURCE Pagero’s management in delivering complete, compliant, and modern e-invoicing options throughout Europe and past.

Setting a brand new customary: ONESOURCE Pagero and Oracle Cloud ERP

For company tax and IT groups dealing with growing international compliance challenges, the upcoming integration of ONESOURCE Pagero with Oracle Cloud ERP units a brand new customary of excellence. It provides quicker implementation, simpler upkeep, and sturdy adaptability, delivering precisely what at the moment’s companies want. As mandates develop extra advanced and compliance turns into important, this resolution ensures you might be well-prepared.

Thomson Reuters is collaborating with Oracle to carry this embedded resolution to market in early 2026.

Uncover how ONESOURCE Pagero and Oracle are simplifying international e-invoicing at scale.

Already a ONESOURCE or Oracle buyer? Contact your gross sales consultant to find out how this resolution can improve your present setup.

Thomson Reuters and Oracle

Cloud options for international tax and e-invoicing compliance

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