Do you work for contracting authorities?
Have you already switched to XRechnung?
If not, it’s high time! In less than 3 months, the new invoice format XRechnung is mandatory – at least for all undertakings in the service of contracting authorities. Those who have not changed by then have a problem. The good news: With the right partner, the changeover is not a witchcraft and offers many positive side effects.
All service providers acting on behalf of the Confederation and the authorities must comply with the new billing standard in the truest sense of the word. But what sounds like a new, cumbersome rule actually has many advantages. – Especially for companies themselves, which cooperate with government, hospitals, public authorities, courts, educational institutions and other public institutions. Moreover, the provision forces them to become more innovative by means of a kind of “benevolent dictatorship” and thus to position themselves in a sustainable position in the long term.
Innovation drivers for companies – not in the B2G sector
Invoice exchange models that are not based on XInvoice or ZUGFeRD often provide unstructured data, incur high costs (personnel, material) and cannot be exchanged or processed efficiently and securely. Due to a lack of compatibility, they sometimes come across systemic and “country borders”. E-bills eliminate all these errors and complement the billing processes with practical, useful and easy-to-use functions and efficiency-enhancing effects.
XRechnungincreases innovative strength
In a brief, the XInvoice is a special data format. It serves as a standard for electronic invoice transmission for public contracts in Germany, but also 100% complies with EU requirements (CEN). This has the advantage that invoices in the XInvoice format can be received and processed throughout Europe. In the case of electronic invoice exchange, XInvoices in XML data format and hybrid invoices according to the ZUGFeRD standard have proved their worth. >> More information about XRechnung and ZUGFeRD.
Innovative milestone of digitalization
The Federal Ministry is also pleased about the introduction of the XRechnung. State Secretary Klaus Vitt says: “With the introduction of the eRechnung, we have reached a milestone on our way to providing administrative services electronically by 2022. Both companies and public administration employees can now take full advantage of digital invoicing and processing.”
eInvoicing – Authorities are already doing it
By the way, the new eInvoicing rule has been in place for the authorities themselves since April 2020. You have already learned to appreciate the obvious benefits. Therefore, companies wishing to work or work with contracting authorities should now prepare for the XRechnung and start the changeover immediately. Because time is pressing!
Tip: Inquire now about a competent partner who will introduce the new standard to you! As an official SAP partner, we support you not only in the implementation of your mail & monitoring systems, but also in the conversion to XRechnung!
Smart companies are already working with XRechnung
When the new rule became known, many federal service providers quickly switched to XRechnung. For large or truly innovative companies, electronic invoice formats such as XRechnung and ZUGFeRD are no longer novel. They introduced XRechnung years ago and have benefited from efficiency, safety and transparency ever since. Not only in the regulatory environment, but in all accounting processes (B2B, B2C). In this way, they are miles ahead of providers who still use the old systems.
Changemaking makes companies more performant
Thilo Kiefer, Managing Director of munich enterprise software, is convinced that XRechnung will only benefit companies in the medium term, even those that are not necessarily related to federal authorities. He says: “The changeover to the new, Germany-wide standard XRechnung was long overdue. We live in the age of digitalisation, want efficient organisations and promote environmental protection; But our invoices still write on paper, as in the past century! The rule comes at the right time and helps companies to overtake outdated systems and processes, become more innovative and conserve costs and natural resources. On the positive side, this time the federal government starts with itself and makes the new standard mandatory for companies that are in a B2G business relationship for the time being. – Although the digital bill would also make sense for all other companies, because it simply makes the organization more sophisticated.”
In any case, companies that supply federal agencies should act quickly to ensure that they remain competitive and introduce XRechnung immediately.
Are you looking for an expert for XRechnung or need more information? We will prepare you for the changeover!