Effortless Invoicing with GetYourBill: Errors Eliminated
GetYourBill, a platform for issuing electronic invoices, has established a partnership with Intesa Sanpaolo, one of Italy's leading banks. This collaboration aims to streamline financial operations for small and medium-sized businesses (SMBs) by integrating GetYourBill’s digital invoicing technology with Intesa Sanpaolo’s banking services.
The partnership focuses on enhancing the ease of invoice issuance, improving compliance with Italian tax regulations, and supporting digital transformation among SMBs. With this integration, businesses can issue, send, and track invoices directly through Intesa’s digital banking channels, reducing administrative burdens and accelerating payment cycles.
GetYourBill's platform, designed to solve the problem of digitalization for electronic invoicing, allows sales points to obtain all necessary data and create an error-free electronic invoice using only the customer's VAT number. The control and correction system introduced into the GetYourBill platform, thanks to Intesa's contribution, acts as a filter and blocks complex situations upstream, resulting in a rejection rate close to zero.
Since the introduction of mandatory electronic invoicing in 2019, pre-electronic invoicing activities like compiling information, bringing paperwork to the accountant, and collecting signatures have become distant tasks. The European Commission, noticing the results achieved in Italy, is working to create a shared regulatory framework for invoicing.
GetYourBill was founded in 2014, before the subsequent regulatory framework for electronic invoicing. The platform offers integration with the most widely used cash register management systems and a cloud database. It also collaborates with Intesa for its electronic invoice services, with Intesa acting as a certification authority that assists with invoice verification, transmission to the Interchange System, and compliant storage for 10 years, with the additional functionality of "automatic correction" of invoices.
As the European market becomes increasingly interconnected, GetYourBill is anticipating customer needs by focusing on the internationalization of invoicing. This partnership with Intesa Sanpaolo is a significant step towards achieving this goal, as the European market is increasingly becoming a domestic market.
The path of electronic invoicing in Italy is still developing within evolving regulations. GetYourBill and Intesa Sanpaolo's collaboration is set to continue evolving, with ongoing enhancements and expansions. For the most current real-time updates or specific performance outcomes of this partnership, you may want to check the latest press releases or announcements from GetYourBill or Intesa Sanpaolo.
The partnership is also beneficial for foreign companies that have clients in Italy and need to manage invoicing in the country. These companies can now leverage GetYourBill's services through Intesa Sanpaolo's digital banking channels, further simplifying their financial operations in Italy.
This collaboration between GetYourBill and Intesa Sanpaolo, two prominent entities in the finance and technology sectors, aims to revolutionize the business operations of small and medium-sized enterprises (SMBs) by blending technology with banking services. The integration of GetYourBill’s digital invoicing technology into Intesa Sanpaolo’s banking services will allow businesses to issue, send, and track invoices directly through the bank's digital channels, thereby streamlining financial operations and fostering digital transformation within the business community.
