More and more countries are enacting legislation to regulate electronic invoicing. While regulations are often similar in purpose, the specific requirements vary often by country. Certain countries require invoices to be digitally signed while others require electronic archival. To successfully automate your invoicing processing, you need a solution that helps all your suppliers deal with the increasingly complex task of ensuring compliance with local regulations. GXS Invoice Delivery Service, powered in part by OB10, provides services such as invoice content validation (including VAT rule compliance), digital signatures, image creation, and online archival which can help suppliers satisfy government policies. 

By enabling your suppliers to easily overcome these regulatory compliance hurdles, you can achieve the benefits of invoice automation, including reduced costs, increased accuracy, increased accounts payable productivity, improved cash management, and maximized discounts.

• Data Validation—GXS can validate that the necessary data components required to construct an invoice are present in the electronic form. For example, some European regulations may require a supplier invoice to contain a company tax summary while US supplier invoices must contain a postal code in the “Ship From” and “Ship To” address fields.
• Digital Signature—Each supplier must apply and be approved for a digital certificate which is used to digitally sign invoices and thus guarantee the identity of the sender.
• Invoice Image Creation—GXS creates an invoice image for each invoice and stores it in the image archive. You receive the invoice as a structured electronic document for payment processing and as an image which can be archived for audit purposes.
• Online Storage & Retrieval—All invoice-related documents, including invoice images, are stored in the secure data warehouse. This provides an audit trail of transactions and management information for both you and your suppliers.