Thursday 2nd January, 2014

As new Turkish e-Invoicing regulations come into force this month, OB10 and Digital Planet have partnered to bring e-invoicing to the country. The alliance between the two providers will help enable companies to comply with the regulations and automate their invoicing processes.

Digital Planet helps companies that are required to adopt e-Invoicing to integrate with the government's new system without changing their invoicing flows.

As part of Tungsten Corporation, OB10 aims to offer invoice discounting to Turkish suppliers and generate cost savings for buying organisations through spend analytics.

"Our partnership will help organisations meet their regulatory requirements and streamline their processes," said Edmund Truell, Group CEO at Tungsten Corporation. "Automated invoice processing also allows companies to take advantage of early payment discounts and improve payment performance."

Adnan Vural, Digital Planet CEO said; "By presenting our services through a common platform, our alliance combines our local experience with global practices."

Through e-Invoicing, the Ministry of Finance aims to close the gap from lost taxation, while companies can strengthen their invoicing practices, invoice data analysis and supplier relations.