How to prepare for the France e-invoicing mandate
1. Audit existing systems
We recommend auditing your existing business processes and applications. Access whether the mandate requires new actions in your role as a supplier or buyer and evaluate how well your existing systems support potential changes. Simultaneously, analyze your customers and suppliers, starting with the most critical ones. Determine if they fall within the mandate scope and understand their invoice volumes.
2. Contact Basware to begin defining your solution
Prioritize a discussion with your Basware Account Manager to define the optimal solution for your organization. Secure pricing for implementation and establish a project schedule to ensure a seamless transition.
3. Begin enriching your Invoice data
The regulations mandate the inclusion of specific data items on all invoices, such as:
- The delivery or service provision address or
- The nature of the transaction (delivery of goods or provision of services)
We've observed that some organizations may not consistently collect this data. Therefore, we highly recommend Basware customers assess their readiness to include this information in their invoices.
4. Start Communicating with your key suppliers
The implementation of regulations in a market can significantly impact the customer-supplier relationship. It's crucial to communicate with your strategic/critical customers and suppliers, ensuring they are aware of and preparing alongside your own efforts.