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New e-Invoicing regulations come into force in Turkey in January 2014

The new alliance between OB10, the global e-Invoicing network that is part of Tungsten Corporation plc, and Digital Planet, Turkey’s leading e-Invoicing solution provider, will enable companies to comply with the regulations and automate their invoicing processes:

  • Digital Planet, one of the first certified service providers in Turkey, helps companies to adopt e-Invoicing to integrate with the government’s new system without changing their invoicing flows. 
  • OB10 will enable companies in Turkey to:
    • simplify their invoice processing, reduce operational costs and improve cash-flow management
    • offer invoice discounting to Turkish suppliers
    • generate substantial cost savings for buying organisations through spend analytics. (See

Through e-Invoicing, the Turkish Ministry of Finance aims to close the gap from lost taxation, while companies can strengthen their invoicing practices, invoice data analysis and supplier relations.

CTMfile take: e-invoicing is an important weapon in helping governments world to close the gap from lost taxation and will hasten the spread of e-invoicing. This is also an important example of how Tungsten Group can offer invoice discounting in many countries. At long last SMEs can take advantage of invoice discounting when they need it and not have it imposed on them for all invoices. 

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