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Digitalisation

E-invoicing without borders: Banqup makes it easy

March 25, 2025
4
Minutes reading time

Banqup simplifies international invoicing – secure, compliant, and global. Peppol, ViDA & more to support your success.

Expanding your business beyond Germany? Banqup makes international invoicing a breeze. Discover how our platform enables you to send invoices seamlessly via Peppol and other networks, helping you extend your global reach. Stay ahead of upcoming EU-wide changes in electronic invoicing, such as the forthcoming ViDA initiative.

German companies operating internationally or planning to expand often face the challenge of complex invoicing processes. Varying country-specific requirements, different invoice formats and communication channels can significantly complicate things. Banqup offers a comprehensive solution that overcomes these hurdles and enables smooth, cross-border invoicing.

Boundless possibilities with Banqup

Banqup is more than just invoicing software. It’s a platform designed specifically to simplify and accelerate international invoicing. Whether you do business with customers in the Netherlands, France, or even overseas, Banqup helps you send your invoices efficiently and in full compliance with local laws. Banqup is available in countries across Europe, with tailored solutions to meet local requirements where necessary.

For cross-border B2G invoices in particular - such as those that have been mandatory in Luxembourg for all suppliers, including those from Germany, since 2023 - Banqup offers a simple and legally compliant solution. Learn more in our blog post "Your solution for cross-border B2G invoices to the public administration in Luxembourg".

The benefits of Banqup for your international invoicing

  • Easy integration: Banqup integrates seamlessly into your existing business processes.
  • Compliance: We ensure your invoices meet local regulations, wherever your customer is based.
  • Time savings: Automated processes and electronic transmission significantly speed up invoicing.
  • Cost efficiency: Reduce paper usage, postage costs and manual processing effort.
  • Security: Encrypted transmission and secure storage of your invoice data.
  • Global reach: Reach customers not only across Europe but worldwide via various networks and email.

Peppol and beyond

A key feature of Banqup is its integration with the Peppol network. Peppol (Pan-European Public Procurement Online) is a secure international network that standardises the electronic exchange of documents, including invoices, between businesses and public authorities. For German companies, this means you can easily and securely send e-invoices via Peppol to an increasing number of business partners across Europe and around the world, including public sector clients.

Peppol was originally developed to facilitate trade between European governments and to standardise e-procurement across borders. Now it is used globally, including in countries like Australia and Singapore. Thanks to its wide adoption, companies in these countries can exchange documents effortlessly across borders.

The Peppol network is based on the so-called four-corner model, which involves the four key parties in the document exchange process: the sender, the recipient, and their respective Access Points. Access points act as interfaces between participants in the electronic document flow. They ensure documents comply with Peppol standards and security protocols, enabling smooth exchange. Banqup is a certified Peppol Access Point Provider, connecting you to the network and acting as an intermediary within the four-corner model.

Four-corner model

It’s worth noting that the Peppol model is evolving. The so-called five-corner model, also known as Peppol CTC (Continuous Transaction Controls), extends the traditional model with a central tax platform. This enhancement allows real-time reporting to tax authorities and optimises tax administration. The Peppol CTC model combines elements of existing CTC frameworks with the Peppol infrastructure, creating a decentralised but regulated solution for document exchange.

Five-corner model

For a deeper understanding of the emerging five-corner model (also known as DCTCE), we recommend reading the article "Understanding the decentralised CTC and exchange model with Unifiedpost Group's Marcus Laube" on the Unifiedpost Group website. In this interview, Marcus Laube, then Co-Chair of GENA, provides an in-depth explanation of the DCTCE model.

The Peppol participant ID (Peppol ID) is a unique identifier used to determine who is sending and receiving a Peppol document. It acts as a key to identify trading partners within the network. The Peppol ID of the receiving organisation is published in the global Peppol directory, managed by OpenPeppol, together with the organisation’s name and country of residence

But Banqup goes even further. We understand that not all your international customers are connected to Peppol. That’s why BBB also allows you to send invoices via other secure networks and even by email. This flexibility ensures you always have the right solution at hand - wherever your customers are.

Would you like to learn more about Peppol? Visit our dedicated Peppol page for detailed information. You can also read our blog posts "Peppol unveiled (1/2): An introduction to Peppol?" for an introduction and "Peppol unveiled (2/2): How does Peppol work?" to understand the exchange process and what this means for your business.

ViDA: The future of cross-border invoicing

In March 2025, the European Union adopted the ViDA (VAT in the Digital Age) initiative, which, among other things, mandates electronic invoicing for intra-EU transactions starting in 2030. This major reform will fundamentally change the way companies across Europe exchange invoices.

With Banqup, you’re already prepared for these new requirements and can gain a competitive edge. Our platform supports your seamless transition to electronic invoicing.

Want to learn more about ViDA and the new e-invoicing and reporting obligations? Read our blog post: "ViDA adopted: Everything you need to know about the new e-invoicing and reporting requirements".

It's this simple

  1. Create a customer master record:
    1. Start by selecting your customer’s country, then enter their details.
    2. If applicable, uncheck the box "The company's VAT is registered in the country of residence" and enter the registration country.
    3. When saving the customer record, Banqup automatically detects whether they’re connected to the Peppol network or another supported network. Banqup may suggest adjusting your selected delivery channel accordingly.

  2. Create or upload an invoice: Create your invoice directly in Banqup or upload an existing invoice from your billing system or other source. For uploaded invoices, our OCR tool (Optical Character Recognition) extracts the key invoice details automatically. All you need to do is review and complete the information if necessary before sending.
  3. Change default delivery channel (optional): The default delivery channel saved for the customer is shown here. You can change it for the individual invoice if needed - Peppol, another network, or e-mail.

  4. Send: Send your invoice securely and quickly with a single click.

Banqup makes the difference

Thanks to our many years of experience in digitalising business processes, Banqup can offer German SMEs a solution specially tailored to their needs. We can help you simplify and speed up your international business.

Simplify your cross-border invoicing with Banqup. Contact us to find out how Banqup can help your business or start your 30-day trial today!

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