PWC is Tungsten Network’s tax compliance advisor. Added to that we offer compliant archiving for all invoice types, offering reassurance and peace of mind”. Resulting in fewer errors, improved recording, and a speedier process. This serves to make the process as efficient and as automated as possible.
He continued, “Talking to suppliers and buyers we hear that they really appreciate having one provider to handle all their Italian invoices and, that we provide pre-validation before invoices are reported to SdI.
Now, we can report 100% of sales and purchase invoices to SdI, including domestic, cross-border and intercompany invoices well ahead of the deadline to do so. And because we offer a superbly stable solution, many businesses in Italy want to work with us. Italy has led the way in Europe since it introduced the e-invoicing mandate in 2019.Ĭommenting on the provision of recording all cross-border invoicing, Ruud van Hilten, VP Product Compliance at Tungsten Network said, “Tungsten has been a registered intermediary in Italy since the start of the e-invoicing mandate in 2019.
Ahead of the upcoming changes being introduced by the Italian Government in July this year, where cross-border invoices need to be reported to the SdI (Sistema die Interscambio), Tungsten Network has made the service, optionally, available from January 2022.Īs many governments look to improve their present and future fiscal health and ensure the correct taxes are recorded and collected by their Treasury, mandated reporting and e-invoicing are becoming more commonplace.
100 invoices software#
Tungsten Corporation plc (AIM: TUNG), a leading provider of digital financial management and software solutions is offering Italian businesses early access to 100 per cent reporting on all cross-border invoicing.
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