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More than just e-Invoicing …evolution

cbs Managed Service product e-invoice.world gets new brand and turns into e-world.cloud!

What started as LatAm cloud more than 10 years ago and was renamed to e-invoice.world cloud to reflect the global coverage of legal requirements has evolved to a comprehensive compliance solution for worldwide requirements in all relevant areas – e-Invoicing, e-Payment, e-Delivery and e-Reporting.

Today cbs e-world.cloud is still the only fully SAP process integrated one-stop solution that includes advisory, implementation, legal change and support services with highest quality, security and resilience.

The „e“ in e-world.cloud is also a synonym for classical EDI topics that are part of the digitalization journey of every company. This blurs the boundaries between the two areas and enables integration scenarios that combines legal communication with supplier specific requirements (e.g. Advanced Shipping Number).

With regards to the inbound process the platform enables integration into a wide range of incoming invoice solutions to enable mapping between legal formats and 3rd party tools to avoid error-prone OCR scanning logic. With involving AI technologies, cbs is able to speed up and automate the processing of incoming invoices in SAP backend.

No matter if you are running SAP ECC or SAP S/4 onPremise or “RISE with SAP” – cbs e-world.cloud is your strategic platform for compliant and resilient digital processes.

E-lnvoicing by cbs enables you to be globally compliant and up-to-date with lowest organizational effort. So you can focus on your core business.

E-invoicing — a digital paradoxon

E-invoicing is dead, long live e-Compliance. E-invoicing is misleading. Today E-invoicing represents more than just electronic invoices. It covers a lot of interactions between partners, and more and more the interaction with the government to get transparency about business transactions. This ranges from invoices to deliveries, from reportings to payment flows and is required in real-time or based upon a fixed schedule.

Evolution to e-Compliance

E-invoicing is not just EDI, it has strong impacts and dependencies on business processes and master data. E-invoicing is more and more becoming e-Compliance with massive integration and insights for local governments.

LEARN ABOUT THE ALL-IN-ONE SOLUTION FROM CBS

Facing the challenges

Keeping pace with the global progress is really challenging. Due to the complexity and comprehensive scope of legal requirements most organizations are looking for a strategic approach to noticeably reduce the pain.

Change Frequency

Frequent changes and high diversity in scope and effort for changes per country.

Criticality

Risk of audits, penalties or freezes in productive processes (e.g. delivery, invoicing).

Complexity

High complex system and interface landscape to support legal requirements.

Supportability

Need for comprehensive legal and technical knowledge to pervade problems.

Cost

High operating, license and external costs.

Resources

High effort of infrastructure and human resources.

Impact

Legal changes have impact on global ERP system and process landscape.

Strategic approach for a moving target

The naked truth about e-invoicing is, that there is no global standard. Each country/authority is designing, publishing and establishing their own solutions. There can‘t be THE ONE solution, as the target is moving constantly and unpredictably! cbs is the ONE partner that offers a comprehensive solution to cover all aspects of e-Invoicing/ e-Compliance.

No matter where or who you are — you need to deal with the following aspects:

Projects
Platform
Change Management
Country Solutions
CHANGE MANAGEMENT

Projects

  • Implementing legal requirements triggered by legal publications / deadlines
  • Integrating legal requirements into SAP rollout projects
  • Harmonizing external and internal triggers and deadlines into one roadmap / timeline
  • Solving conflicts of objectives (local vs. legal vs. global requirements and compliance)

Platform

  • Provide and operate / support technical infrastructure including interfaces
  • Provide / integrate and operate / support applications (3rd party …) needed
  • Contract, coordinate and control external partners
  • Choose a strategic operation model On-Premise vs. EDI vs. Full Managed Service

Change Management

  • Track legal publications and changes, derive impact and deadlines
  • Identify, manage tasks to implement / change existing solution
  • Unit testing and trouble-shooting, incl. documentation
  • Cutover / GoLive and Support (HyperCare)

Country Solutions

  • Make or buy country content
  • Integrate solutions into SAP standard / modifications
  • Provide transparency, consistency and monitoring / reporting
  • Evaluate, Contract and Connect partner

Projects

  • Implementing legal requirements triggered by legal publications / deadlines
  • Integrating legal requirements into SAP rollout projects
  • Harmonizing external and internal triggers and deadlines into one roadmap / timeline
  • Solving conflicts of objectives (local vs. legal vs. global requirements and compliance)

Platform

  • Provide and operate / support technical infrastructure including interfaces
  • Provide / integrate and operate / support applications (3rd party …) needed
  • Contract, coordinate and control external partners
  • Choose a strategic operation model On-Premise vs. EDI vs. Full Managed Service

Change Management

  • Track legal publications and changes, derive impact and deadlines
  • Identify, manage tasks to implement / change existing solution
  • Unit testing and trouble-shooting, incl. documentation
  • Cutover / GoLive and Support (HyperCare)

Country Solutions

  • Make or buy country content
  • Integrate solutions into SAP standard / modifications
  • Provide transparency, consistency and monitoring / reporting
  • Evaluate, Contract and Connect partner

Which path to choose?

You already started your journey following a path. Before reaching a dead end, take some time to think about your strategy and align the path chosen.

 

Make your decision:

The following stories will help you to rank your current status and derive path options that suit your needs.

1. Rank your status

LOW

MEDIUM

HIGH

Standardization Maturity

LOW

MEDIUM

HIGH

Amount of countries with legal requirements

LOW

MEDIUM

HIGH

Internal resources/ knowledge for e-invoicing

LOW

MEDIUM

HIGH

Amount of invoices

LOW

MEDIUM

HIGH

2. Your result:

You can handle the legal requirements with onPremise solutions on your own. We can assist you with guidance and implementation as well as support (see link Document compliance / legal advisory).

You are facing some challenges and you should start to select for strategic solution to reduce the current efforts and prepare yourself for the upcoming changes and requirements. cbs e-world.cloud will help you to build up a reliable architecture.

You need to act now to mitigate the risk of audits and fines. You will not be able to fulfill all legal requirements in time. cbs e-world.cloud will enable you to reduce the organizational effort and pressure and gets you globally compliant quickly.

Embracing a comprehensive end-to-end solution from one source, be it as on-premise component or as managed cloud service

Do you like to know more about cbs
e-world cloud? Get in touch!

E-Invoicing by cbs enables you to be globally compliant and up-to-date with lowest organizational effort.