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Recent News
  In the Picture

Recent News

May 2007:
Belgacom, the leading telecom provider in Belgium,  is upgrading its billing platform. The new invoice formats are already supported by the AdValvas applications,. Belgacom and AdValvas have signed an agreement.

AdValvas as a facilitation partner of Belgacom, is offering compatible applications to automate the handling of the Belgacom e-Invoices.

Together with the billing platform change, a new electronic format will be introduced for e-Invoicing. This new format (MIG 5.0) will replace the current MIG 4.x formats.

Belgacom will no longer support the current MIG 4.x invoice format as of July 1st, 2007


April 2007:
Reuters implements a consolidated EBPP platform using the Advalvas solution
.

Market Data is another domain where thick bills with complex processing are present. AdValvas Invoice Manager is the key application to integrate these invoice flows.

Customers of Reuters are offered a consolidated platform, where they can view and download invoice details. In addition to that, the platform offers also dispute management features offering a direct line for users to communicate issues.

The platform is also offering payment tacking information, in a later phase on-line payment will be possible.


Februari 2007:
LeasePlan and AdValvas team together to facilitate the integration of e-Invoicing for the customers of LeasePlan.

AdValvas Invoice Manager offers an end-to-end solution that enables a customer to process e-Invoices from LeasePlan.

For more details click In the picture.


December 2006
Vinnof invests in AdValvas Europe.

Vinnof has released following press-release:

Vinnof, het Vlaams Innovatiefonds – een 100% dochter van ParticipatieMaatschappij Vlaanderen – investeert 400.000 euro in de internationale expansie van AdValvas Europe NV.

De oprichters van het bedrijf uit Sint-Denijs-Westrem zijn pioniers op het vlak van elektronische facturatie en lagen tien jaar geleden al aan de basis van de eerste elektronische facturatiesystemen voor de telecomsector. Hun product AdValvas Invoice Manager automiseert de volledige facturatiecyclus bij de verwerking van grote volumes facturen voor zowel aan- als verkoop. Grote klanten als Banksys, Orange, Electrabel, DHL, Mobistar, en andere maken er al volop gebruik van.

Sinds 2004 is elektronische facturatie wettelijk geregeld doorheen heel Europa. Dit laat AdValvas Europe NV toe om de Europese markt te veroveren. Onlangs, bijvoorbeeld, sloot de internationale koerierdienst TNT Express al een akkoord met AdValvas voor het behandelen van hun facturatiestromen. Volgens Marc De Neve, Finance en Administration Manager voor TNT Express Belgium, is “elektronische facturatie een groeiend fenomeen. Het is als een steen in een vijver die onomkoombaar steeds grotere kringen maakt. Voor onze complexe facturen is het een unieke oplossing.”

Om die redenen gelooft Vinnof in het internationale groeipotentieel van AdValvas en besliste het om erin mee te stappen.

AdValvas Europe NV werd opgericht door Michel Gilis (CEO) en Marco Beyers (CFO). Carlos Versteele, actief bestuurder, heeft zich bij het team gevoegd en werkt samen aan de verdere internationale oriëntering en alliantiestrategie van het nieuwe bedrijf.
 


July 2006
Isabel magazine on TNT: the story of successful e-Invoicing implementations with AdValvas Invoice Manager
.
A very interesting testimony published in the Isabel Magazine issue of July 2006 presents one example of what modern e-Invoicing is about. Marc De Neve, CFO with TNT at Brucargo in Machelen is one of the early adopters of end-to-end e-Invoicing in Belgium.

TNT Express has implemented electronic invoicing with AdValvas Invoice Manager. Inbound invoices from multiple suppliers are automatically processed and integrated with the SAP back office. Recently, outbound invoicing has been implemented using outsourced services from AdValvas, with delivery through the Isabel value added network.

For more details click In the picture


May 2006
Seminar on e-Invoicing. Organized together with Dicom, PricewaterhouseCoopers and Smart Solutions.

Three major players in the area of Invoicing are teaming up to cover the ultimate scope in this area. Paper invoices are scanned, OCR’ed and dematerialised, using Dicom’s Kofax suite. E-Invoices are processed via AIM A/P (AdValvas Invoice Manager for Accounts Payable). From this point, all these invoices are processed through a single platform.  

All invoices are taken over by the Smart Cockpit of Smart Solutions. Services Invoices are validated within AIM A/P and transported to SAP FI via the Smart Cockpit. Product (PO) based invoices are directly submitted to the SAP MM validation.

Attendees of the seminary have the opportunity to follow live demo’s of each module, while PriceWaterHouseCoopers provides all relevant recommendations related to legal and tax issues.


March 2006
New outsourcing service for e-Invoices offered by AdValvas

More customers are looking at outsourcing services for the delivery of their e-Invoices. Most are keen to implement end-to-end e-Invoicing, but are rather reluctant to dedicate new hardware and human resources to keep this process operational. AdValvas has set-up a wide range of outsourcing services, covering the system management of incoming and outgoing e-Invoices.

Outbound: A/R e-Invoices are delivered to AdValvas from the ERP A/R. AIM A/R formats the outbound invoices according to the final customer specifications and finally submitted through our Isabel connector.

Inbound: incoming e-Invoices are routed to AdValvas e-Invoicing server, which prepares (enrichment) all line items for local validation by the customer using a standard web interface. The final Account Payable feed file is returned to the customer.


Januari 2006
Partnership with Smart Solutions offers SAP workflow integration.

Smart Solutions is an important player in Document Management Solutions for SAP installations. Their Invoice Cockpit modules offer advanced workflow management from within the SAP environment.


Januari 2006
Partnership Certipost

Beyond EDI and other bilateral communications between issuers and recipients, e-Invoicing entered a new era, introducing a new fundamental player: the e-Invoicing consolidator. In Belgium, CertiPost and Isabel are the major players for transport and certification of e-Invoices.

Since January 2006, AdValvas undersigned a partnership with CertiPost. CertiPost customers can now rely on AdValvas as an e-Invoicing broker, especially for Accounts Payable.


September 2005
Partnership Isabel

Beyond EDI and other bilateral communications between issuers and recipients, e-Invoicing entered a new era, introducing a new fundamental player: the e-Invoicing consolidator. In Belgium, Isabel and CertiPost are the major players for transport and certification of e-Invoices.

Since September 2005, AdValvas undersigned a partnership with Isabel. Isabel customers can now rely on AdValvas as an e-Invoicing broker, for Accounts Payable as well as Accounts Receivable.