General subject related
During the sixth Trade and Technology Council (TTC) meeting, the United States and the European Union committed to improving electronic invoicing (e-invoicing) compatibility. The goal is to reduce global trade costs, enhance security, and streamline business processes like customs, payments, and fraud prevention.
Both sides agreed to a shared set of principles for e-invoicing:
- One connection, global access,
- No fees for switching service providers (Access Points),
- Open exchange networks where users can choose their own Access Point.
The US and EU will continue working together to ensure:
- Flexible data structures that support local legal needs but maintain core standards,
- Aligned invoice information so data is compatible across systems,
- Roaming capabilities that let users connect with each other regardless of service provider.
To support this effort, a new oversight body called the DBNAlliance has been launched from the US E-invoicing Pilot Project. It will:
- Define technical standards, policies, and security rules,
- Offer memberships to service providers (not businesses directly),
- Ensure all service providers can communicate within the network.
Businesses don’t need to join the alliance themselves, they just need a provider who is a member to send and receive e-invoices within the framework.
The Exchange Framework is a technical network designed for safe, standardized sharing of digital documents like invoices. It solves common problems such as how to connect systems, transfer information securely, and enable automation.
It uses a Four-Corner Model, where:
- All businesses act as both senders and receivers,
- Documents are exchanged through certified Access Points,
- Once connected, companies can send invoices to any other business on the network.
It supports:
- AS2/AS4 protocols,
- UBL 2.x structured formats (invoices, credit notes),
- Attachments and electronic signatures,
- Detailed data fields (e.g., supplier/customer info, shipping, taxes, payment info).
The US e-Invoicing Pilot
Led by the Business Payments Coalition and the Federal Reserve, the US tested a national e-invoicing model across three pilot waves in 2022. Over 80 organizations helped finalize specifications, and the system is now ready for widespread use.
E-invoicing helps businesses:
- Automate purchasing and payment workflows,
- Reduce errors, delays, and costs,
- Improve supply chain efficiency and visibility,
Enable cross-border communication and integration.
With both the US and EU aligned on a shared vision for e-invoicing, global trade can become more efficient, secure, and digitally connected than ever before.
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