Babelway - e-invoicing

The exchange of invoices is the most common process between 2 companies in a supplier/client relationship. An EC report [1] quotes 238 billion Euros, 400,000 tons of paper, 2,700 tons of ink, 160 million litres of petrol as an estimate of what European businesses would save by adopting electronic invoicing, in replacement of the paper invoice.

Electronic invoicing has legal implications and regulatory constraints that other B2B flows don’t necessarily have. This has created resistance to a wide adoption by businesses.

Babelway has put in place the security management tools such that our customers can safely use Babelway to exchange invoices with their customers and suppliers in most regulatory environments. These tools include

EDI standards and secure transmission protocols. The combination of EDI standards and secure protocols is an acceptable method for the exchange of invoices in most countries
Support for the sending of certified PDF documents with electronic signatures
Certificates and keys made available by Babelway allow ‘advanced electronic signatures’ as defined in the Directive 1999/93/CE of the European Parliament and the Council 13 December 1999.
All messages transiting by Babelway are traced in a way that the authenticity of origin and the integrity of content is guaranteed. These guarantees are legal EU requirements in archiving electronic invoices.

Audits and accreditations:

From May to October 2008, KUL University Professor Jos Dumortier, an internationally recognised expert in the field of legal electronic signatures, and UCL University Professor Jean-Jacques Quisquater, an expert in cryptography audited the Babelway solution and checked its compliance with the legal requirements imposed by the EU Directive about electronic invoicing.

In March 2009, Babelway received the accreditation from the Belgian tax administration as accepted and compliant method for the transfer and the archiving of electronic invoices

Note: As a self-service platform, customers can use Babelway in a way that guarantees the authenticity of origin and the integrity of the message. However, Babelway does not accept responsibility for the way in which customers assemble specific channels, establish interchange contracts with their partners and connect their own systems to their Babelway hub. Babelway stresses to customers that it their responsibility to check their own usage of Babelway and to assess whether it complies with their local regulatory environments.

BabelInvoice:

BabelInvoice is a special packaged offer targeted at companies looking for an easy, cost-effective and secure e-invoicing solution. BabelInvoice leverages multiple Babelway features and includes a ready-to-use system to send and store PDF invoices. It can be installed in a few clicks and immediately delivers the benefits of e-invoicing.

Visit the BabelInvoice website and try it now.

[1] « European Electronic Invoicing final report produced » by the European Commission Informal task force on e-invoicing http://ec.europa.eu/information_society/eeurope/i2010/docs/studies/eei-3.2-e-invoicing_final_report.pdf.


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ELECTRONIC INVOICES
The exchange of invoices is the most common process between 2 companies in a supplier/client relationship. An EC report [1] quotes 238 billion Euros, 400,000 tons of paper, 2,700 tons of ink, 160 million litres of petrol as an estimate of what European businesses would save by adopting electronic invoicing, in replacement of the paper invoice. Electronic invoicing has legal implications and regulatory constraints that other B2B flows don’t necessarily have. This has created resistance to a wide adoption by businesses. Babelway has put in place the security management tools such that our customers can safely use Babelway to exchange invoices with their customers and suppliers in most regulatory environments. These tools include EDI standards and secure transmission protocols. The combination of EDI standards and secure protocols is an acceptable method for the exchange of invoices in most countries Support for the sending of certified PDF documents with electronic signatures Certificates and keys made available by Babelway allow ‘advanced electronic signatures’ as defined in the Directive 1999/93/CE of the European Parliament and the Council 13 December 1999. All messages transiting by Babelway are traced in a way that the authenticity of origin and the integrity of content is guaranteed. These guarantees are legal EU requirements in archiving electronic invoices. Audits and accreditations: From May to October 2008, KUL University Professor Jos Dumortier, an internationally recognised expert in the field of legal electronic signatures, and UCL University Professor Jean-Jacques Quisquater, an expert in cryptography audited the Babelway solution and checked its compliance with the legal requirements imposed by the EU Directive about electronic invoicing. In March 2009, Babelway received the accreditation from the Belgian tax administration as accepted and compliant method for the transfer and the archiving of electronic invoices Note: As a self-service platform, customers can use Babelway in a way that guarantees the authenticity of origin and the integrity of the message. However, Babelway does not accept responsibility for the way in which customers assemble specific channels, establish interchange contracts with their partners and connect their own systems to their Babelway hub. Babelway stresses to customers that it their responsibility to check their own usage of Babelway and to assess whether it complies with their local regulatory environments. BabelInvoice: BabelInvoice is a special packaged offer targeted at companies looking for an easy, cost-effective and secure e-invoicing solution. BabelInvoice leverages multiple Babelway features and includes a ready-to-use system to send and store PDF invoices. It can be installed in a few clicks and immediately delivers the benefits of e-invoicing. Visit the BabelInvoice website and try it now. [1] « European Electronic Invoicing final report produced » by the European Commission Informal task force on e-invoicing http://ec.europa.eu/information_society/eeurope/i2010/docs/studies/eei-3.2-e-invoicing_final_report.pdf.	Babelway is a true multi-tenant ‘Software-as-a-Service’ (SaaS). This means you control your own individual environment, in full flexibility and autonomy, without the need to buy and maintain any software or infrastructure. Powered by the ‘cloud’: quickly up and running, lower costs, more scalable, more secure, more reliable, automatic upgrades. And a monthly subscription instead of capital investments.