E-Invoicing Mandates in the EU – HubBroker’s Compliance Role What is ViDA? EU’s Digital VAT Transformation Initiative Through its “VAT in the Digital Age” (ViDA) initiative, the European Commission is promoting the standardization and digitization of value-added tax (VAT) reporting throughout the EU. A major component of this initiative is the requirement for mandatory e-invoicing […]
In today’s fast-moving business environment, enterprises require scalable, intelligent and integrated solutions to streamline operations, reduce inefficiencies, and drive profitability. Microsoft Dynamics 365 Finance & Operations (D365 F&O) has emerged as one of the most comprehensive and advanced Enterprise Resource Planning (ERP) solutions, helping businesses enhance their financials, supply chain, and operational efficiency. Microsoft continues […]
Intelligent Document Processing (IDP) is a powerful tool that leverages AI and machine learning to streamline your document workflows. It automates tasks like data extraction and document classification, making it easier to manage large volumes of documents. Effective document management is crucial for organizational success. Over time, document processing has advanced from manual handling to […]
What is EDI (Electronic Data Interchange)? Electronic Data Interchange (EDI) is the automated, computer-to-computer exchange of standardized business documents between organizations, businesses and trading partners. Instead of using paper or manual processes, EDI allows businesses to send and receive documents like purchase orders, invoices, and shipping notices in a structured, electronic format. This reduces the […]
In today’s cut-throat business world, where margins are tight and competition fierce, efficiency is the ultimate weapon. Companies striving for sustained growth know that seamless internal operations and agile external collaboration are key. This is where the dynamic duo of ERP (Enterprise Resource Planning) and EDI (Electronic Data Interchange) step in, offering a potent cocktail […]
Have you ever felt the frustration of wrestling with unyielding PDF documents, desperately wishing for a smoother way to extract meaningful data? Well, enter the unsung hero of the digital transformation saga: PDF to XML. In the dynamic world of Intelligent Document Processing (IDP), PDF2XML is not just a tool; it’s your guide to unleashing […]
In the ever-evolving data integration landscape, 2025 marks a pivotal moment where businesses are not just adapting but thriving in the era of seamless data flow. This article takes you through emerging technologies, specifically Hybrid Integration Platforms (HIPs) and API-driven integrations, reshaping how organizations handle and leverage their data. The Need for Seamless Data Flow […]
In the European market of B2B communication, compliance with the Pan-European Public Procurement Online (PEPPOL) network has emerged as a pivotal factor in running the business. It aims to create a standardized framework for electronic document exchange, promoting interoperability and simplifying cross-border trade. This article explores the significance of PEPPOL compliance, particularly in e-invoicing, procurement, […]
The future of Electronic Data Interchange (EDI) is undergoing a dramatic transition as organizations in the B2B sector continue to expand. We have all witnessed disruptive technologies like blockchain and how they revolutionize the way data is transferred. In this review, we look into blockchain technology and other cutting-edge innovations that might improve traceability and […]
The fast-evolving technological innovation in various fields, integrating Artificial Intelligence (AI) and Machine Learning (ML) stands as a transformation, reshaping how organizations approach data. In this insightful exploration, we delve into the profound impact of AI and ML in data transformation, shedding light on how these technologies enhance data security and accuracy and pave the […]
When it comes to technical documentation and data transformation, utilizing innovative tools like HubBroker’s PDF2XML module marks a paradigm shift like none other. This article explores the innumerable benefits of leveraging PDF2XML, shedding light on its role in converting legacy data from PDF files into structured documentation and focusing on the efficiency it brings to […]
Selecting the right Enterprise Resource Planning (ERP) system is a critical decision that can make or break the efficiency and success of an organization. This article focuses on the importance of choosing the right ERP solution and how it is valuable for businesses in enhancing customer solutions, streamlining procurement processes, optimizing the purchase-to-pay cycle, and […]
ERP (Enterprise Resource Planning) and EDI (Electronic Data Interchange) are essential technologies that can greatly benefit businesses. Any organisation that depends on an efficient supply chain must have EDI systems and ERP solutions. The ERP system manages records on the back end, whereas EDI facilitates communication with trading partners on the front end. EDI integration […]
Emailing invoices as PDF is the easiest and least expensive way to do paperless accounting and is often used by smaller companies. But there’s a catch: A PDF invoice is not an e-invoice. Electronic invoicing (e-invoicing) is the exchange of computer-readable payables data between finance systems via a standardized data format. It doesn’t matter if […]
A recent survey shows that over 50% of businesses have experienced email scams targeting their accounts payable departments. To protect against fraudulent invoices and overpayments, it’s crucial to implement a robust invoice approval process that includes three-way matching. What is 3-Way Matching? 3-way matching is a critical step in the procurement process that involves cross-referencing […]
As the digital age continues to evolve, B2B e-commerce is growing rapidly. The impact of COVID-19 in 2020 highlighted the importance of having an online store as a key sales channel. B2B web stores provide many opportunities to expand reach through direct sales while offering manufacturers improved margins and enhanced customer loyalty compared to traditional […]
Manual invoice processing can be a real headache for businesses. The endless hours spent deciphering invoices and extracting important information are time-consuming and increase the risk of human error. But what if we told you there was a solution to simplify this process? Enter: Invoice Parsers. These powerful tools automate the data extraction process from […]
Are you tired of the tedious process of editing, scraping, or extracting data from PDF files? The Portable Document Format (PDF) may be the go-to file format for sharing and exchanging business data. Still, editing, scraping, or extracting data from PDF files can be a hassle. Imagine the time and effort saved by efficiently extracting […]
Digital transformation is not just about digitizing manual processes. It’s a chance to revolutionize your entire business, create unparalleled customer and partner experiences, boost revenue, and maximize employee productivity. Connected and adaptable IT infrastructure is the foundation of a successful business. For you, as a B2B company, it’s crucial to integrate all your systems and […]
Customer Sales orders are critical to the sustainability and growth of any business. However, manual Sales Order Processing can be time-consuming and error-prone. It can also lead to fulfillment delays, potentially hindering delivery lead times and ultimately leading to poor customer satisfaction and stunting growth. Sales order automation minimizes headaches and streamlines order processing. It […]
Automating Data entry significantly impacts an organization’s efficiency as it drastically improves the sales order management process. With automated data entry, Purchase orders are converted to sales orders automatically, without error. Data entry automation is a powerful modern technology that continues to modernize a range of business processes. Almost any business process that includes the […]
Sales order processing is the steps from purchase to delivery. While sales order processing challenges can vary from business to business and for different industries, the current supply chain crisis has only made the process harder to manage. Manual sales order processes have become a practice of the past as innovations in automation continuously push […]
PEPPOL, an e-invoicing and e-procurement platform, was implemented in Canada in 2018. It enables firms to send and receive invoices electronically while tracking orders and payments. Peppol is a cloud-based platform that facilitates invoicing and procurement between enterprises and government agencies, altering the old business model. The Peppol platform is founded on an Austrian government […]
The Office of Management and Budget (OMB) of the United States ordered in 2015 that all federal agencies submit electronic invoices for goods and services by the end of 2018. The goal was to cut the expenses of printing, handling, and processing paper invoices. Did you know that the United States was one of the […]
Every year, over 250,000 public authorities across the European Union spend approximately 14% of their GDP on procurement. This spending covers a wide range of sectors, including healthcare, infrastructure, energy, education, and public services. As these sectors digitize, the EU has made it a strategic priority to modernize the management and processing of these purchases, […]
