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Customers of a UK data exchange specialist are set to enjoy greater reassurance on future trading arrangements after it secured funding for EURINV19 – to meet a European e-Invoicing standard.

Transalis is one of just five companies across Europe awarded a grant to redefine the format for European invoice standards to help public procurement and supply chain invoicing.

The award is part of a project co-financed by the European Commission under the EU’s Connecting Europe Facility Telecom Programme.

The grant is in addition to Transalis’ formal certification for the AS4 standards of PEPPOL, standing for Pan European Public Procurement Online.

PEPPOL is a framework of technical specifications designed to make disparate tech systems interoperable through a recognised connectivity standard.

Following the grant funding and certification, Transalis’ Founding Directors Aniello Sabatino and Paul Simpson say the firm is set to help supply chain companies seeking to align their processes with European Commission standards now and in the future.

Aniello said: “As an AS4-accredited PEPPOL provider, we are able to give our customers complete peace of mind that our cloud platform services are future-proofed for supply chain procurement here in the UK and across Europe.”

Paul said the INEA grant funding was made to a consortium of five commercial providers, called EURINV19, with representation from the UK, Netherlands and Sweden, following a reporting process co-ordinated by the University of Valencia.

He added: “We are thrilled to be recognised as one of just five providers to fulfil the EU’s requirement for a common electronic invoicing standard. We are well placed to help customers trade safely and securely, sure in the knowledge they can enjoy supply chain interoperability.”

The programme follows EU Directive 2014/55/EU, designed to achieve a common, interoperable standard on electronic invoicing in public procurement.

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