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Celtrino participates in pan-European electronic invoicing project

The objective of the POOL-TSPs Project is to upgrade 10 e-invoicing solutions providers, to comply with the European Standard on e-invoicing, Directive 2014/55/EU.

The project is part-funded by the Connecting Europe Facility (CEF), which is implemented by the Innovation and Networks Executive Agency (INEA). The project was led and managed by the LMT Group, in collaboration with the University of Valencia. 

 

What is Directive 2014/55/EU?

The European Parliament and Council voted on the 16th of April 2014 for the Directive 2014/55/EU, which calls for the definition of a common European standard on e-invoicing. This includes the semantics or interpretation of the essential information contained in the e-invoice as well as a list of syntaxes which outlines the format or language used for transmission of the e-invoice.

Since, April 2019 the adoption of the Directive has been mandatory for European public sector buyers (although for sub-central government agencies, individual member states have had the option to extend the deadline until April 2020). It is not yet mandatory for suppliers, however it has numerous benefits for them. The publication of the standard is a key step towards the digitalisation of public procurement in Europe.

Standardization is a key factor of trade policy because it contributes to the removal of technical barriers to trade, increases market access and international trade, and enhances cooperation at international level. The use of the European Standard helps the EU industry to access global markets.

Celtrino was selected by INEA to take part in the project as one of 10 European e-invoicing solutions providers.

By participating in the project, Celtrino has received funding from the CEF to upgrade and adapt its digital service infrastructure to support the Standard, both in terms of document structure (semantics) and the exchange of data (syntax).

To find out more about the EU Directive, or to get e-invoicing compliant today, contact us now

 

 

 

 

 

 

 

The sole responsibility of this publication lies with the author. The European Union is not responsible for the content of this document and any use that may be made of the information contained therein

 

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