Customer service

A group of lawmakers has urged the IRS to drop the mandate to follow stringent ID.me standards.

Stampli unveiled Stampli Cognitive AI, which sports what it says are "human-level" purchase order matching abilities.

Tax technology company Vertex announced its acquisition of European e-invoicing company Ecosio

Wolters Kluwer has acquired a host of cloud-based financial workflow and data exchange solutions from Belgian fintech Isabel Group.

Taxpayers and financial institutions now need to verify their identities when they sign in or register to use the system as an extra security measure.

Sovos announced the launch of Sovos Indirect Taxes, which features e-invoicing capacities and integrates with over 70 ERPs and transaction management systems.

The Digital Business Networks Alliance, a Federal Reserve-sponsored group, announced the first successful transmission of an electronic invoice.

Plus, Prismatic launches multi-entity business solution with blockchain-like technology; and other accounting technology updates.

Thomson Reuters was the winner of a bidding war to acquire a majority stake in Swedish e-invoicing and tax solutions firm Pagero.

E-invoicing is a reality that businesses must grapple with — and not only in the European Union.