Tieto and B2Boost to utilize ISO20022 e-invoice standard in electronic business document interchange
Tieto Corporation PRESS RELEASE 31 May 2011 at 2.00 pm EET
Tieto and B2Boost, an integration service provider based in Belgium, have established a partnership that will enable the extended exchange of electronic supply chain documents between the companies' customers and their business partners. The interoperability solution is based on the ISO20022 e-invoice standard, the Universal Financial Industry Message Scheme. This standard will make international e-invoicing simpler and more effective by improving the content quality and reducing user costs.
Tieto offers businesses a standardized and ISO20022-compliant e-invoicing service capable of both sending and receiving invoices. Existing e-invoicing customers do not need to change their operations; the e-invoicing service will automatically perform any conversions required by the ISO20022 e-invoicing standard.
"It is my pleasure to announce our partnership with B2Boost. This partnership is allowing extended reach for customers who are active in the Benelux countries, especially in the telecom and retail industries", says Tapani Turunen, Development Director, Tieto, Value Networks. "Tieto considers it important to apply and support the use of ISO20022 e-invoice standard. It forms a solid foundation for digitalizing business transactions in international partnerships".
"Through our partnership with Tieto, B2Boost significantly enhances its customer connectivity, providing easy and rapid access to many new trading partners across Europe", says Lynn Nicholson, Business Development Director, B2Boost. "We believe strongly that interoperability and standardization initiatives such as ISO20022 are the future of business integration and are proud to contribute to this open network model through our partnership with Tieto."
For further information, please contact:
Turunen Tapani, Product Area Director, E-invoicing, Tieto
tel. +358 400 725 958, tapani.turunen@tieto.com
Lompolojärvi Tuija, Development Manager at Value Networks, Tieto
tel. +358 440 518 689, tuija.lompolojarvi@tieto.com
TIETO CORPORATION
DISTRIBUTION
Principal media
Tieto is the leading IT service company in Northern Europe providing IT and product engineering services. Our highly specialized IT solutions and services complemented by a strong technology platform create tangible business benefits for our local and global customers. As a trusted transformation partner, we are close to our customers and understand their unique needs. With about 18 000 experts, we aim to become a leading service integrator creating the best service experience in IT. www.tieto.com
B2Boost is a leading B2B e-commerce service provider specialising in Business Transaction Management. Whatever a customer's technical capabilities or infrastructure, ranging from a single PC-led company to complex ERP systems, B2Boost solutions enables companies to connect to their trading partners and exchange a large array of electronic messages automatically, instantly and in a secure manner. www.b2boost.com
