It’s hard enough keeping track of EDI messages, standards, deadlines and systems requirements for different countries’ tax authority. And requirements change quickly, so if you’re a growing company, the cost of supporting those requirements gets expensive. The challenge with e-invoicing is that traditional technology approaches have not worked to streamline what is an inter-company process, according to industry observers.
I've written plenty about getting suppliers into electronic trading with their partners. I've shared that if you have EDI services and so do you partners, you should be collaborating so that you can exchange data electronically. I've also shared that if you have EDI capabilities and your convinced that bigger partners are the only ones that are qualified to have EDI capabilities, you're making a poor assumption. Many smaller to mid sized supppliers do indeed have the ability, but have not shared they can exchange with you. You should put together a strategy to work with these smaller companies. Lastly, if you yourself do not have EDI capabilities, it's not too late to make a difference in your organization.
Scott Koegler of ec-bp.org talks with Ed Howe about implementing GDSN and how the technology is growing in its rate of adoption.