Blog

The Digital Business Networks Alliance reached an important milestone on March 5, 2024, when the first invoice was successfully transferred via the U.S. open exchange network. Facilitated by Avalara and Storecove, two certified DBNAlliance service providers, this achievement highlights the network’s effectiveness in facilitating smooth business transactions across the United States. In this transaction, Avalara initiated the invoice, which was then received and processed by Storecove utilizing...

Chris Welsh, the Director at Large at DBNAlliance, recently hosted a quick 30-minute session introducing the new Open Exchange Framework for the United States. The presentation, dedicated exclusively to attracting new service providers, took place on January 24th, 2024. Becoming a certified service provider presents a unique opportunity for your customers to register on the Open Exchange Framework, facilitating a secure and efficient exchange of B2B documents in the United States. You can view the...

The Business Payments Coalition (BPC) and other industry bodies are collaborating to enhance the efficiency of business payments. Recently, the participants of the E-invoice Market Pilot established the Digital Business Networks Alliance (DBNAlliance) to serve as the governing entity for an innovative electronic exchange network, aiming to refine the dissemination and processing of information related to business payments. This innovative network, formulated to address the myriad issues businesses...

Businesses in the U.S. are abuzz with a groundbreaking announcement that promises to reshape the way companies of all sizes handle electronic invoicing. The Digital Business Networks Alliance (DBNAlliance), a new non-profit organization, has unveiled its innovative E-Invoice Exchange Framework, ushering in a new era of interoperability and standardization for electronic invoicing in the United States. A Solution to the E-Invoicing Interoperability Problem For decades, businesses have struggled...