Travel technology company Amadeus has signed a new partnership with Taxera Technologies, a next-generation global tax compliance platform. The agreement will see e-Invoice technology shared to travel sellers worldwide, offering access to streamlined, secure and automated processes.
The solution is expected to become increasingly valuable as e-Invoicing becomes mandatory in the European Union, and increases its footprint around the world in the coming years. When fully deployed, travel sellers, including those utilizing Amadeus Agency Manager and Amadeus Gestour, will be able to reallocate time from administrative tasks to commercial priorities.
Paul Antunes, Managing Partner, Taxera, said: “The partnership between our organization and Amadeus will allow customers to benefit from an integration between two state-of-the-art companies, each a specialist in its own area of operations. Moving forward, there will be fewer worries about e-invoice reporting, validation or formats for travel sellers, the process will be taken care of with the new offering.”
Starting this year, e-Invoicing will become mandatory in many markets. Under the VAT in the Digital Age (ViDA) plans from the European Union, for example, e-invoices are now permitted to be issued in compliance with new standards.
However, each market will have its own specific characteristics. Through integration with the Taxera platform, a standardized feed will be offered to Amadeus’ travel sellers worldwide to provide required data to each governmental scheme to guarantee the delivery of a secure and validated sales document.
Stephanie Madee, VP Product Management, Travel Office IT products, Amadeus said: “The new collaboration between Amadeus and Taxera marks a significant step forward in our commitment to providing advanced, efficient and comprehensive services to our partners, worldwide. Thanks to this automated technology, travel sellers will be able to concentrate on offering personalized services to customers, safe in the knowledge invoice administration will be streamlined.”
Taxera Technologies works to transform the way businesses handle global indirect tax compliance by providing innovative, cloud-based solutions. The company is dedicated to simplifying complex tax regulations and processes, enabling organizations to focus on its core objectives.
