The process of digitization of companies continues to be unstoppable. In fact, one of its great qualitative leaps in terms of its consolidation in the business world is coming up. By 2024, large corporations will be obliged to e-invoice other entities. to other entities. By 2025, all other. The objective: to ensure transparency, traceability and control of supplier payment deadlines.
One more step in the digital transformation of the enterprise
The
Law 18/2022, of September 28, 2002, on the creation and growth of companies
known as the
Crea y Crece law
law, kick-started a new phase in the process of digital transformation of the digital transformation of the company in Spain.
The latter is unstoppable, not only to follow the path set by the EU towards competitiveness, but also to bring the Spanish business fabric into line with the expectations of investors, customers and society.
Which companies are required to invoice electronically?
As of 2024, companies with a turnover of more than 8 million euros per year will be obliged to issue, send and receive their invoices in electronic format. The deadline for those that do not reach this amount is 2025.
In this way, paper or PDF invoices will no longer be valid, they will be replaced by electronic documents issued through digital solutions or platforms. electronic documents issued through digital solutions or platforms prepared for this purpose. solutions or platforms.
In fact, in i3s we have already launched an effective effective answer for the
Management of the Electronic Invoice between companies
. It is SAP BUSINESS NETWORK and complies with the specifications set forth in the legislation in force, favoring the digital transformation in companies, no matter how large or smallno matter how large or small.
Digitization of SMEs: the challenge of digitizing traditional businesses
The process of digitization of companies is a major handicap
handicap
for small companies or those anchored in traditional processes. Often, they lack the financial resources or the management capacity to bridge the huge digital divide that separates them from their larger competitors. However, the legislation applies to all organizations equally, hence the need to react in time.
The solution SAP BUSINESS NETWORK solution offers a convenient and affordable answer to all SMEs that need a suitable technical a suitable technical tool and a support team behind them.s. With i3s, any company gets:
- An intuitive and easy-to-use tool easy to use.
- Transparency through updated information on the status of the billing process.
- Compatibility between different solutions or technological platforms
- Continuous updating to guarantee the changing national and international legal compliance.
- A professional group of support in the implementation and management of SAP solutions.
If the digitization of companies and digital transformation is knocking at your door, don’t wait. Get up to date with the upcoming legal requirements and enjoy the advantages of a system designed for the digital transformation of any company.
Not surprisingly, the new regulatory framework seeks to boost the growth and expansion of SMEs, thus improving their competitiveness and internationalization through digitization. Because this is necessary to boost the economic growth of a fabric made up, for the most part, of small and medium-sized companies.
