France is now into the final stretch of e-Invoicing rollout. As of last September 20, 18 public institutions are voluntarily taking part in the pilot project for Chorus Portal Pro 2017, the billing management tool due to replace the current Chorus Portal from next January. EDICOM is also working with these public bodies to facilitate their incorporation to this system. The aim of the test period is to check that dematerialization is on schedule to be up and running by the deadline set in Ordinance Nº 2014-697.
The French government ruling requires large companies of more than 5000 employees to adopt e-invoicing on a mandatory basis from January 1 in their business relations with the Public Sector. In other words, all public bodies must also be ready to use this paperless system by the same deadline. Thereafter, the legislation sets out a schedule for gradual adjustment depending on the size of the companies, finally reaching smaller businesses in January 2020.
In 2012, the AIFE (Agence pour l’Informatique Financière de l’Etat) developed the Chorus Portal to centralize the management of electronic invoicing sent to the Public Sector. Now, with the upgrade to Chorus Portal Pro 2017, also known as CPP 2017, the agency aims to improve the tool, making it operational with the massification of e-invoicing.
The Chorus Portal Pro platform was created to fulfil two functions. On one hand, it will concentrate all the invoices sent by suppliers to the administration. In other words, it is a HUB responsible for centralizing the receipt of documents and distributing them to the corresponding public agency for processing.
On the other hand, the tool will act as a free website for issuing electronic invoices. The solution is designed for small businesses without technological capabilities, but it is not an option for companies with larger billing volumes. This is because, unlike EDI solutions, where the entire process takes place automatically, in this case the issuance and subsequent control of invoicing must be carried out manually.
Outcomes of dematerialization
Although not much information on the pilot project status has been released yet, the AIFE has stated that the initial results are positive. In any case, the Chorus Portal Pro is expected to eventually process around 100 million electronic invoices each year. When mass widespread use of this system is achieved, Secretary of State Christian Eckert has stated that the resulting savings will reach 1000 million per year.
How to issue e-invoicing in France?
With less than two months to go until B2G e-billing becomes mandatory in France, large companies should get ready to address this dematerialization as soon as possible and reap all the benefits use of the technology can provide, such as increased efficiency and saving on economic costs.
To streamline adaptation, EDICOM has developed an e- invoicing solution adapted to the technical and legal requirements of the French legislation. This platform integrates with your ERP and lets you fully automate the dematerialization process. In addition, it is a scalable solution ready to issue electronic invoices in more than 60 countries around the world, so that multinationals can centralize all their tax compliance in a single tool.