AIFE and DGFIP choose CHORUS CLOUD ACCESS

BAW has been selected by the AIFE and the DGFIP to test the generalization of the Chorus portal to the BtoB invoicing flow, thanks to its knowledge related to the Chorus Cloud Access solution which facilitates the transmission of invoices to the Chorus Pro portal.

The administration boosts the digital transformation of the ecosystem and modernises the Finance function !

“As provided by Article 153 of the 2020 Finance Act, electronic invoicing is being tested as part of an experimental approach that will take place from the first term of 2020. It should allow for a full-scale test of the viability and strength of electronic invoicing between private operators, subject to VAT, for domestic transactions, on customer/supplier flows. It will result in a report to be submitted to Parliament in September. Objective: deployment between 2023 and 2025. After BtoG transactions (through Chorus Pro)”.

Public Sector – Business At work

The AIFE and the DGFIP brought together the representatives of volunteer companies in January 2020 to launch the experiment in the digitisation of inter-company invoices with Chorus PRO.

A standardised inter-company electronic invoicing, using the same platform as for the public sector: Chorus PRO. The savings for companies and the gains linked to the shortening of payment times would be considerable. But what would be the real changes?

The integration of the Directive into the public procurement framework provides a real cost saving. The use of an electronic invoicing solution facilitates the internal processes of companies and offers many advantages. The exchange of electronic data guarantees increased traceability and better control of the actual payment dates. Companies will be able to automate their workflows, concentrate on their core business and thus gain in productivity and competitiveness. All the measures approved in the public sector are leading to a digital transformation that extends to businesses.

In general, large companies play a major role in this initiative toward dematerialisation. Companies already equipped with a B2G e-invoicing solution will be able to issue dematerialised invoices to all their B2G and B2B partners and to automate all their business transactions. Thus, in order to meet the requirements of the EU directive, a large majority of these players will have to implement an e-invoicing solution. Therefore, the integration of electronic invoicing in the public sector is the starting point for full dematerialisation in companies. Especially as large multinationals are now beginning to require it of their suppliers and business partners.

Thanks to electronic data interchange, the various players will not only be able to issue invoices, but also to automate and integrate all their commercial transactions.

Thanks to the generalisation of electronic invoicing, France expects to save around 710 million euros per year. This project should make it possible to make buyer profiles interoperable with the other information systems in the public procurement chain (e.g. financial management, controls, archiving) and to develop a new public procurement economy, which has become entirely digital, capitalising on data, more secure and more efficient in terms of purchasing.