How can I be assured that Ariba’s e-invoicing solution is compliant in the U.S.?

The SAP Business Network helps suppliers send electronic tax invoices to their customers. But, what assurances are available to you that Ariba’s invoicing solution is compliant with U.S. tax rules?

In the United States, the enforcement of tax is not centered on invoices, unlike countries that mandate VAT. The U.S. approach to tax recognition of electronic business documents places less emphasis on the transaction and more on records retention. The IRS tax regulations drive companies to define an inspection and quality assurance program evidenced by regular evaluations.

Another area of U.S. regulation that affects e-Invoicing is the Sarbanes-Oxley Act (SOX), which requires companies to ensure high levels of information control. The security of important business information is a key enabler of such controls, and the controls available within Ariba solutions are among the techniques trading partners can use to facilitate SOX audits.

Ariba publishes easy-to-understand technical invoicing information for customers, tax advisors, and systems auditors in the SAP Business Network Guide to Invoicing. This document helps buyers and suppliers engage their tax advisors and review the end-to-end process they have configured. A section titled “SAP Business Network Global e-Invoicing” provides an overview of Ariba’s approach to compliance and the list of the countries supported.

For further information on the Ariba approach or to get assistance extending your implementation globally, contact your Ariba Account Executive. Ariba consultants in our supplier enablement team can help you better understand the approach and the business controls available to mitigate compliance risk.

SAP Business Network for Procurement & Supply Chain > Administration (Buyer & Supplier Account Administration)