How Do You Create And Manage Saf-T E-Invoices?

Paper invoices are a thing of the past. You can ensure legal compliance for your customers and employees with an S4FN e-invoicing platform today.

How do I find out the meaning of S4FN?

The standard is called the S4FN. It was e-invoicing in SAP standard developed by the Standards for Financial Networking (SFN) organization. It is based on the ISO 20022 messaging standard and uses XML to transfer invoices between companies and their suppliers or customers. The S4FN has been adopted by more than 20 nations as their national e-invoicing standard and is used by some of the world’s largest corporations.

Global Leader in SAF-T e-Invoicing

SFN is the world leader in e-Invoicing using SAF-T. With more than 15 years experience, we have helped companies that are of all sizes to streamline their invoicing processes and improve their profitability.

The SAF-T (Standard Audit File to Report Tax) is the standard internationally used for electronic tax reporting information. SFN has created the most complete and user-friendly SAF-T e-Invoicing software available on the market.

Our e-Invoicing solution from SAF-T helps companies cut down on time and costs by automating the invoice processing workflow. It comes with a simple web-based interface that allows users to make and send invoices, track payments, and manage the customer’s accounts.

SFN’s SAF T e-Invoicing solution is used by some of the top companies around the globe, including Coca-Cola, IBM, Microsoft and Nestle. We are proud to be the global leader in SAF-T eInvoicing and help our customers improve their bottom line.

Legal Compliance

In order to stay compliant to the rapidly changing regulations of the world it is crucial to have a comprehensive solution that supports SAF-T electronic invoicing. SFN is the most modern and comprehensive solution for SAF e-invoicing which covers over 150 countries. We have a deep understanding of the global requirements for compliance SFN can help your business to comply to the most current rules and regulations.

SAP Addition Solutions with Customizable Additions

SAP addition solutions with customizable additions enable businesses to extend capacities of the existing SAP investment and enhance financial visibility and control. Through automatizing the process of invoices companies can cut costs, improve efficiency, and gain real-time insights into the financial health of their business.

The SAP Invoice Management application is a powerful tool that helps businesses streamline their invoicing processes. With Invoice Management, businesses can streamline their accounts payable (AP) processes, decrease processing time and costs and increase their understanding of the financial health of their business.

Alongside Invoice Management, SAP also offers a range of other solutions that can be tailored to meet the needs of your business. They include:

SAP Treasury Management: This solution assists businesses in managing their risk, liquidity, and financing processes more efficiently. By using Treasury Management, businesses can maximize their cash flows, decrease funding costs, and improve financial forecasting.

SAP Business Planning and Consolidation The solution is designed to provide businesses with the capability of consolidating financial data from various organizations and locations. Through Business Planning and Consolidation, companies can simplify their financial reporting process, improve decision-making, and gain a better understanding of the driving factors of their business performance.

SAP Disclosure Management: This software helps companies automatize the production and distribution of regulatory filings like annual reports, or SEC 10-Ks. With Disclosure Management, businesses can increase the accuracy and speed of filings, minimize risk of compliance, and also make manual tasks more efficient.

Custom Namespaces for SAF-T

SAF-T (Sales Audit File for Tax) is an XML schema created by the French government to help standardize electronic invoicing. The schema was designed to be used by businesses regardless of size, from small-scale businesses to huge enterprises.

In order to ensure interoperability among different software solutions, SAF-T defines a custom namespace for each country that is a part of the schema. This allows businesses to transfer SAF-T files in confidence knowing it will get understood properly by the software receiving it.