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Basware now offers a fapiao-compliant e-invoice receiving and validation solution. Through its partner, Shanghai Yodoo Information & Technology Co., Basware can connect its network to the Golden Tax System, allowing for effortless validation of all local VAT invoices against the GTS interface.
“This milestone provides a huge sigh of relief for our customers because so many conduct business with China and have always struggled to efficiently process and validate fapiaos,” states Sami Nikula, Director Network Services, Basware. “This solution eliminates the burden for AP staff and allows them to uniformly process all their invoices, regardless of country of origin. Business dealings know no borders, so we have put the onus on ourselves to serve as the invoice regulation and compliance experts for our customers so that they don’t have to essentially enabling a ‘set it and forget it’ process. We are excited about the number of customers a ....

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