Stay compliant in France with Tungsten Network
Get prepared for France’s upcoming e-invoicing mandate
Tungsten Network is now part of the Kofax family. For more information on our full suite of services, visit kofax.com.
Until the French mandate goes live
The French government will implement a phased roll-out of its hybrid e-invoicing and e-reporting mandate, including requirements for transmission of invoice status information, starting in 2024. Key dates in this roll out are:
By 24 July 2024, large companies must select a platform for issuing and receiving their invoices and sharing e-reporting data. This can be either the Government Portal (PPF) or a (certified) 3rd party service provider
By 24 July 2024, all companies, regardless of their size, must choose their connecting platform to receive e-invoices. After this date, the French Tax Authority will impose financial penalties for any taxpayers who fail to comply with this mandate.
To avoid incurring financial penalties and disruption to business operations French taxpayers, regardless of their size, should begin taking action today.
All French taxpayers must assess how this hybrid mandate will affect their invoicing process and prepare their ERP systems in order to receive the mandated invoice format.
Compliance is core to Tungsten Network. To ensure we continue to provide a world-class e-invoicing service for all our suppliers and buyers in France Tungsten has built a very detailed understanding of the regulations related to e-invoicing and e-reporting
In the near future, Tungsten intends to qualify to become a Partner Dematerialisation Platform (PDP). This will enable us to interoperate with other PDPs or to connect directly to the government portal (PPF) on your behalf.
Tungsten Network enables our users to invoice compliantly and access rich data that is not available through government portals.
Tungsten Network provides this additional data, such as purchase order information, to help our users improve internal processes and drive AP efficiency. We also validate invoices prior to submission, to improve data quality and ensure compliance with both fiscal and business requirements.