Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Are U.K. businesses ready for PEPPOL?

Phil Douglas | February 27, 2018

Earlier this year, the UK’s National Health Service (NHS) adopted the new PEPPOL trading platform to manage its procurement processes. PEPPOL stands for the Pan European Public Procurement Online (network). In a nutshell, it enables electronic versions of purchase orders and invoices to be exchanged digitally between buyers and sellers with no manual intervention.

Many public and private-sector entities are weighed down by financial administration. Procurement and payments are largely manual processes that take up a lot of time. These manual processes are prone to human error such as lost or duplicated invoices. However, where automation has been introduced prior to PEPPOL thus far, there is often an inefficient tangle of different systems and protocols, all struggling to communicate efficiently.

PEPPOL looks set to revolutionise procurement and invoicing across Europe—and is already available across most of the EU. In fact,...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.