Receivable Savvy TV

The Savvy Report – June 7, 2022: E-invoice Exchange Market Pilot Test Waves Begin

The Business Payments Coalition has initiated, through the E-invoice Exchange Market Pilot, the first of several onboarding waves intended to test the technical specifications of submitting and receiving electronic invoice data via the new framework. From April 1 to June 30, 17 suppliers, buyers and solution providers are helping to determine whether invoice and payment data can be successfully exchanged electronically in a real-world environment via the new system.