The requirement to move to electronic invoicing or e-invoicing is fast approaching. With Peppol becoming the standard for sending electronic invoices, it is important for companies to quickly determine their approach. Two popular solutions for electronic invoicing are integrating a Peppol button through your ERP or billing package and partnering with an e-service provider such as Nymus. Which option best suits your business needs? Let’s weigh the pros and cons of both approaches.
What is an e-service provider
An e-service provider like Nymus offers a complete electronic billing and document management solution. They automate your entire accounts receivable and accounts payable process. These providers not only integrate a Peppol functionality, but also offer additional services such as automated invoice processing, archiving, security and reporting.
What is a Peppol button?
A Peppol button within your ERP or billing package allows you to send and receive invoices directly through the Peppol network. To access the Peppol network, you need a Peppol Access Point. Many ERP and billing systems work with a certified Peppol Access Point, such as Nymus. However, if problems arise, it creates an extra layer in between, which can mean slower service.
1. Understand your current needs and future growth
Analyze your current billing volume: how many invoices are you currently sending and what are your expectations for the future? For companies with high billing volume, an e-service provider can offer more benefits thanks to advanced automation and scalability.
Identify complex requirements: Are you dealing with international customers, different currencies, or specific legal requirements? An e-service provider can often handle complexity better through specialized services and expertise.
2. Functionalities
Peppol button through ERP: this provides basic functionalities such as sending e-invoices through the Peppol network. It is often a simple and cost-effective solution for smaller companies or those with less complex requirements.
E-service provider: in addition to sending e-invoices, a service provider often offers additional features such as real-time tracking, automatic data verification, KYC checks, comprehensive security measures, and advanced reporting tools. These extras can be valuable for companies that want more control and insight into their billing process.
3. Security and regulatory compliance
Basic options: While a Peppol button provides basic security, compliance with local and international regulations can be challenging.
Advanced solutions: an e-service provider like Nymus offers robust security protocols, real-time monitoring and compliance with a variety of regulations. This is crucial for companies that operate in multiple jurisdictions or deal with sensitive data.
4. Customer support and expertise
In-house management: if you choose a Peppol button, you are largely dependent on your internal IT department for support and troubleshooting.
Professional support: e-service providers typically offer extensive support and guidance, which can be invaluable if you run into complex issues or need continuous optimization of your billing processes.
5. Impact on your customer experience
Standard solutions: A Peppol button allows your customers to receive and pay invoices, but interaction is often limited.
Improved customer experience: e-service providers often offer a customer portal where your customers can easily access their invoices, download documents and make payments. This increases customer satisfaction and can lead to faster payments.
Conclusion
The choice between a Peppol button and an e-service provider depends on your company’s specific needs and resources. If you are looking for a simple and cost-effective short-term solution, a Peppol button may suffice.
For companies that need expanded functionality, unburdening and enhanced security, an e-service provider such as Nymus offers a more complete and reliable solution.
Why choose Peppol with Nymus?
When you choose Peppol with Nymus, we completely unburden you. We are not a standard Peppol Access Point but a total solution for your billing process. Our goal is to seamlessly integrate Peppol into your entire process.
Our clients don’t have to lie awake about their billing process because we have all the knowledge and resources to do it for you. These are the factors that set us apart from other solutions.
- We'll make sure you comply with all the rules without a lot of internal changes.
- We think with you to provide a solution to your current problems.
- We completely unburden you. You don't have to lie awake worrying about all the changes in technology, legislation and tax or financial obligations.
- Thanks to our innovative mindset, we are keeping up with AI and blockchain developments. As a result, our technology is on point.
- At Nymus, a personal approach is key. We can be reached quickly, are short on time and know our clients' organization.
Nymus is ready for you
Still have questions or need help? No worries, we have a strong support team. We will guide you through the transition and help where needed.
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