Options for Non-compliant Countries
Available info on frequently asked for countries
- Saudia Arabia
- South Korea
Tradeshift Options for Non-compliant Countries
Paper/PDF to XML solution (PDF2XML or CloudScan AP)
Invoices can be received via the existing means to begin with and will be forwarded to Tradeshift via one of the paper-to-e-invoice process workflows defined. Clients will then be able to process the e-invoice through the Tradeshift portal and transmit information to the ERP.
Suppliers are on-boarded as normal, and are then required to issue invoices in duplicate - once on Tradeshift, and once in paper/pdf. The supplier should then attach the paper/pdf to the Tradeshift invoice. As a carrot to the supplier who now needs to do double the work, the customer can offer payment terms on the basis of when the invoice on Tradeshift was received, which means the supplier could get paid faster. However, payment should only happen once the original invoice is received, and there needs to be a manual process to match the incoming paper/pdf invoice with the Tradeshift one.Now with the Engage and Cash products, there is more value we can offer to the sellers as well here.
Full e-invoicing, no guarantees
There are some countries where we cannot guarantee that we are compliant, but this does not mean that we are specifically non-compliant. In cases where the customer has themselves knowledge about the requirements and the willingness to make the decision / take upon the risk, it is possible to roll out as a standard e-invoicing process, provided the customer is comfortable that the standard features of Tradeshift are sufficient to ensure compliance.
Some different reasons for being non-compliant, and which solution can be used depends on those
E-invoicing not allowed.
Some countries simply do not allow e-invoicing. In these cases, options 1 or 2 can be used.
E-invoicing is mandatory, but Tradeshift does not comply with the requirements.
In these cases, option 2 can be used if the client can take responsibility for compliance outside of Tradeshift.
E-invoicing is allowed but not mandatory, but Tradeshift does not comply with the requirements.
In these cases, options 1 or 2 can be used.
E-invoicing is allowed, but Tradeshift does not have enough information to ascertain compliance status.
In these cases, all 3 options can be used.
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