e-Invoicing to be mandatory in growing number of markets from 2024
Amadeus partners with Taxera to bring e-Invoicing technology to partners worldwide
Travel technology company Amadeus has signed a new partnership with global tax compliance platform Taxera Technologies.
The agreement will see e-Invoice technology shared to travel sellers worldwide, offering access to streamlined, secure and automated processes.
The solution is expected to become increasingly valuable as e-Invoicing becomes mandatory in the European Union, and elsewhere in the coming years.
This year will see e-invoicing become mandatory in many markets. Under the VAT in the Digital Age (ViDA) plans from the European Union, e-invoices are now permitted to be issued in compliance with new standards. Each market will have its own specific characteristics.
Through integration with the Taxera platform, a standardised feed will be offered to Amadeus’ travel sellers worldwide to provide required data to each governmental scheme to guarantee the delivery of a secure and validated sales document.
When fully deployed, travel sellers, including those utilising Amadeus Agency Manager and Amadeus Gestour, will be able to reallocate time from administrative tasks to commercial priorities.
Paul Antunes, managing partner of Taxera, said: “The partnership between our organization and Amadeus will allow customers to benefit from an integration between two state-of-the-art companies, each a specialist in its own area of operations.
"Moving forward, there will be fewer worries about e-invoice reporting, validation or formats for travel sellers, the process will be taken care of with the new offering.”
Stephanie Madee, VP product management, travel office IT products of Amadeus, said: “The new collaboration between Amadeus and Taxera marks a significant step forward in our commitment to providing advanced, efficient and comprehensive services to our partners, worldwide.
"Thanks to this automated technology, travel sellers will be able to concentrate on offering personalized services to customers, safe in the knowledge invoice administration will be streamlined.”