Originally appeared in Accounting Today
Corcentric, which provides payments and procurement software, will be working with tax compliance platform Sovos to help companies adjust to a recent French law that requires all companies in the country, as well as suppliers doing business with French companies, to transmit and receive e-invoices via a central platform starting July 1, 2024. Corcentric’s software already supports the most widely used data exchange standard for e-invoicing, Factur-X; combined with Sovos’ tax compliance solutions, the two companies intend to make it easier to comply with the standard on a single platform.