With more and more countries mandating e-invoicing for business activities, staying compliant with regulatory changes will be as crucial as it will be challenging for anyone involved in the label and packaging printing industry. Our latest CERM partner integration with Avalara E-invoicing and Live Reporting (ELR) provides a seamless solution for label and packaging printers that are looking for a way out of the administrative maze and into the safe haven of a compliant e-invoicing process.
Digitizing the invoicing process
E-invoicing is more than a trend. It's a response to the global need for efficiency, fraud reduction, and environmental sustainability. Governments all over the world are swiftly transitioning towards mandatory use of e-invoicing and as from 2024, many new countries will require e-invoicing or live tax reporting to the authorities – or a combination of both – often via a specific tax authority platform. This will potentially put a heavy burden on businesses. By digitizing the invoicing process, businesses can ensure compliance, streamline their operations, and engage in international trade more easily.
As from our latest CERM 7.30 version update, the integration with Avalara ELR will help you automate invoicing operations and establish e-invoicing and live-reporting processes according to the local or applicable regulations.
What to expect from the new CERM-Avalara partner interface
To navigate the complex world of e-invoicing effectively, you need a seamlessly integrated system that can support your existing invoicing processes. The new e-invoicing capabilities from Avalara are conveniently integrated within your CERM MIS invoicing module and can help you to:
- Create compliant sales e-invoices: your sales invoices – including tax or VAT details – are transferred from CERM MIS to Avalara ELR. Avalara than handles the complex process of navigating through the tax authority systems in different countries, creating e-invoices and transmitting tax data to tax authorities in accordance with each country’s specific mandate.
- Receive purchase e-invoices coming from your business partners: Purchase e-invoices coming from your suppliers will be processed through Avalara ELR and imported into your CERM MIS, updating your purchase order status without manual intervention. This touchless invoice data entry not only saves time but also significantly reduces the risk of errors.
Conclusion & key takeaways
Prepare your business for a patchwork of tax compliance and e-invoicing mandates. By automating and standardizing the e-invoicing process, the CERM-Avalara ELR interface can help you resolve the heavy challenge to stay compliant with different tax reporting and e-invoicing regulations and increase your operational efficiency.
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The CERM MIS 7.30 version update has recently been launched. More information on CERM MIS 7.30 is now available at the CERM Online Help. Don’t forget to carefully check the ‘breaking changes’ and remember that there are standard mandatory actions to be completed before updating.
If you are in need for support, please contact your CERM consultant or submit your ticket in our helpdesk.
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For more information on the CERM-Avalara partnership, please contact our marketing department at marketing@cerm.net or reach out to our CERM Business Development Team at sales@cerm.net
More information on the CERM MIS Software can be found at www.cerm.net, read all our latest news and client testimonials in the news section (www.cerm.net/news)
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