Author : Webconversion

After a year 2022 placed under the sign of growth, Freedz intends to continue its development by offering more and more relevant and easy to use solutions to its customers. Our goal? To fully satisfy you by helping you improve your business processes even more! As one year ends and a new one begins, we invite you to take stock of the past year and to review our objectives for 2023.

Validating supplier invoices is an important part of a company's accounting system. Nevertheless, it is a tedious and time-consuming task, as well as being a sensitive one: the slightest error exposes the company to penalties. The automation of this circuit, made possible by invoice dematerialization, not only saves time and increases efficiency, but also ensures that you're in the clear in the event of an audit. Would you like to automate the supplier invoice validation circuit in your company? Freedz presents the 5 steps you need to take to implement it.

In the aftermath of the health crisis, companies are facing a European geopolitical conflict and, with it, serious consequences on the economy with a drop in the financial markets. At their helm, managers are relying on the accounting and finance departments - with the CFO at the top of the list - to face the challenges and try to navigate between inflation, shortages of raw materials and recruitment difficulties in certain professions. As a true captain of the ship, the CFO must lead the company through a stormy year 2023. Let's take a closer look at the major issues that await him in 2023.

Late payments are a real scourge for companies: according to the quarterly BVA barometer for the Payment Delays Crisis Committee published in February 2021, 13% of the companies surveyed noted a lengthening of payments compared to the same period of the previous year, i.e. delays that reached an average of 12.4 days. If this figure does not seem so important, it can nevertheless impact the financial health of the most fragile companies, or even lead to bankruptcy... To put an end to reminders and unpaid invoices, discover our advice!

Although the obligation to issue invoices electronically will only come into effect from 2026, it's important to start preparing today for the many changes to come. From 2026, all companies subject to VAT will have to issue invoices in electronic format, regardless of their size or sales. What steps can you take now to anticipate this new organization? Here's our advice.

In line with European recommendations, the use of e-invoicing for B2G transactions has grown strongly in Europe. Indeed, Directive 2014/55/EU requires public entities to be able to receive electronic invoices from 2020. On the B2B side, some countries such as Italy and Finland are leading the way, while others like France and Belgium are preparing to take the plunge and make e-invoicing mandatory for B2B. An overview of electronic invoicing in Europe.

Between 2024 and 2026, electronic invoicing will gradually become compulsory for all businesses subject to VAT. From this date, companies will no longer be able to send invoices to each other, but will have to use platforms: either the public invoicing portal (PPF) or a partner dematerialisation platform (PDP). While the generalisation of electronic invoicing should considerably change the invoicing landscape, we would like to take a look at the main changes to come.

Accounting entries are the raw materials of accounting and are essential for the production of reliable and clear financial information. As a reminder, accounting entries are the financial transcription of a flow in the company's accounting system; they are what will feed the balance sheet and the income statement. Integrating the chart of accounts, proposing the association of accounting codes with invoices... Managing supplier invoice accounting entries can be a source of many hassles! That's why Freedz has developed a new functionality for managing accounting entries.

Accounting allocation is the classification of each accounting transaction into one of the eight main categories predefined by the General Accounting Plan (GAP). This technique makes it possible to assign the appropriate classification to each accounting transaction, in order to harmonise the various records from a tax point of view. In this sense, accounting allocation is an obligation. How do you make an accounting allocation? How do you allocate a purchase invoice? We explain.

Eliminating manual tasks, reducing processing time and costs, increasing reliability... Dematerialising your supplier accounting management is interesting in many ways. Equipping yourself with a digital supplier invoice management solution such as Freedz, allows you to benefit from the "processing status" functionality. What is this feature? Why is it interesting? Follow the guide!

In recent years, companies have experienced a rapid evolution in technology and regulatory requirements. As a result, they have had to embark on a real digital transformation, which has brought with it a host of new processes. All these changes represent both challenges and opportunities for the Information Systems Department...