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In Vietnam, eInvoice use is on the rise: The number of firms in the country using eInvoices has skyrocketed from 800 in 2016 to mo <a href=https://www.stanley-cup.us>stanley mugs</a> re than 9,000 today. Overall, Vietnamese firms have created more than 600 million eInvoices,聽VietNamNews reported.Even so, that number is relatively small compared to the more than a half a million companies in the country. While the countrys General Department of Taxation GDT 聽currently allows companies to use either eInvoices or paper invoices, that will soon change: With the exception of small firms, all Vietnamese organizations will have to use eInvoices by 2019. Through the use of eInvoices, <a href=https://www.stanleycups.us>stanley usa</a> the GDT says companies can save time and money while reducing fraud and administrative work. In all, the agency estimated that firms could save about $44 million if they change over from paper invoices to eInvoices.The news comes as the U.S. government readies <a href=https://www.stanleycups.us>stanley shop</a> for its own eInvoice mandate, meaning the 19 million invoices government agencies pay every year will have to be electronic by the end of fiscal year 2018. At present, about 12 million of those invoices 40 percent are received in the form of paper.In a U.S. Adoption of Electronic Invoicing: Challenges and Opportunities report released by the Federal Reserve Bank of Minneapolis in 2016, government officials noted the role eInvoicing plays in the broader effort to improve the U.S. payments system as outlined in its Strategies for Improving the U.S. Payment System report.Analysis of the benefits
More businesses are accepting cryptocurrencies, including Bakkt Holdings as of last week, according to a p <a href=https://www.cup-stanley-cup.ca>stanley mug</a> ress release. Bakkt said it will allow for the buying, selling and holding of ether. At Bakkt, providing flexible opportunities for users to enjoy their digit <a href=https://www.stanley-germany.de>stanley germany</a> al assets is a top consideration, and adding Ethereum brings a popular and growing cryptocurrency to our roster, said Bakkt CEO Gavin Michael in the release. Bakkt users have already enjoyed the apps capabilities to leverage bitcoin and we are confident that our addition of Ethereum will be a complement to our growing ecosystem of partners and assets. In addition, AGM Group Holdings made news earlier in the week when it said it had won a purchase order for crypto mining machines from Code Chain, a vertically integrated crypto miner, according to the release. AGM will be delivering mining machines worth $65 million in the second half of 2022.In other news, Estonia-based crypto wallet app Crypterium is looking to expand to the U.S., according to a press release.Crypterium has been part of the Visa Fast Track program for over a year, the release stated. Visa Fast Track allows onboarding features for emerging FinTech groups. Involvement in the program requires passing a strict sustainability audit.Crypterium has been in talks with several strategic <a href=https://www.stanley-cups.ro>stanley cup romania</a> partnership possibilities in the U.S., according to the release. The wallet app will issue a Crypterium U.S. Visa card in the first quarter of 2022.Meanwhile, BlockFi will b Puox SMEs Get Schooled On Business Credit Scores
In Vietnam, eInvoice use is on the rise: The number of firms in the country using eInvoices has skyrocketed from 800 in 2016 to mo <a href=https://www.stanley-cup.us>stanley mugs</a> re than 9,000 today. Overall, Vietnamese firms have created more than 600 million eInvoices,聽VietNamNews reported.Even so, that number is relatively small compared to the more than a half a million companies in the country. While the countrys General Department of Taxation GDT 聽currently allows companies to use either eInvoices or paper invoices, that will soon change: With the exception of small firms, all Vietnamese organizations will have to use eInvoices by 2019. Through the use of eInvoices, <a href=https://www.stanleycups.us>stanley usa</a> the GDT says companies can save time and money while reducing fraud and administrative work. In all, the agency estimated that firms could save about $44 million if they change over from paper invoices to eInvoices.The news comes as the U.S. government readies <a href=https://www.stanleycups.us>stanley shop</a> for its own eInvoice mandate, meaning the 19 million invoices government agencies pay every year will have to be electronic by the end of fiscal year 2018. At present, about 12 million of those invoices 40 percent are received in the form of paper.In a U.S. Adoption of Electronic Invoicing: Challenges and Opportunities report released by the Federal Reserve Bank of Minneapolis in 2016, government officials noted the role eInvoicing plays in the broader effort to improve the U.S. payments system as outlined in its Strategies for Improving the U.S. Payment System report.Analysis of the benefits
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