Streamlined Invoicing with GetYourBill: A Simplified, Error-Free Approach
In the world of business, efficiency is key, and this is especially true when it comes to invoicing. In Italy, a significant stride towards streamlining this process has been made with the collaboration between GetYourBill and Intesa Sanpaolo.
Established in 2014, GetYourBill is a platform designed for issuing electronic invoices from the point of sale and e-commerce. It offers integration with the most widely used cash register management systems, making it a convenient solution for businesses.
GetYourBill's cloud database allows sales points to obtain all other data with just the customer's VAT number, reducing the time spent on gathering necessary information for invoice issuance. This has helped alleviate queues and waits that were common before the digital transformation.
One of the standout features of GetYourBill is its control and correction system, which has significantly reduced the rejection rate of invoices, bringing it close to zero. This system, enhanced by Intesa's contribution, provides the additional functionality of "automatic correction" of invoices.
Intesa assists GetYourBill with invoice verification, transmission to the Interchange System, and compliant storage for 10 years. The bank's systems return a link for contract signing with Advanced Electronic Signature in "click to sign" mode, which are also stored in compliance.
The mandatory electronic invoicing system was introduced in Italy in 2019, and three years have passed since its implementation. During this time, GetYourBill has been instrumental in making the transition smoother for VAT-registered entities under a flat-rate scheme and SMEs, who may still have faced inconveniences related to invoice issuance.
As the EU takes notice of the results achieved with electronic invoicing in Italy, a shared regulatory framework for invoicing is being created. This development is expected to have a significant impact on the future of digital invoicing in the country.
GetYourBill is also looking beyond Italy's borders, working on the internationalization of invoicing to manage invoicing for foreign companies with clients in Italy. This anticipates the need for managing invoicing for foreign companies as they expand their operations in the country.
While specific details about a partnership between GetYourBill and Intesa Sanpaolo focused on digital invoicing solutions for SMEs in Italy are not widely available, it is clear that both entities are committed to making digital invoicing more efficient and accessible for businesses.
[1] Opening Future project with Italian Angels for Growth and Google Cloud: https://www.intesasanpaolo.com/en/news-and-media/press-releases/opening-future-project-with-italian-angels-for-growth-and-google-cloud [2] More information on Intesa Sanpaolo's digital initiatives: https://www.intesasanpaolo.com/en/news-and-media/press-releases/intesa-sanpaolo-and-google-cloud-announce-the-opening-future-project-to-support-digital-transformation-and-startup-growth-in-northern-italy
In the realm of business, technology is leveraged to enhance efficiency, as demonstrated by the collaboration between GetYourBill and Intesa Sanpaolo in the finance sector, specifically in the area of digital invoicing for SMEs in Italy. This partnership, a part of the Opening Future project, incorporates technology to reduce invoice rejection rates and streamline the invoicing process, thus benefiting businesses through convenience and time savings.
