The sender of an e-invoice has to have a reliable digital delivery address for the recipient of the invoice. The
further the processes from procurement to payment are digitalized and automated, the more important it
becomes that the information about the recipient of the invoice behind the digital delivery addresses, as
well as about its sender, is reliable and up to date. This requires that the processes associated with the
updating and upkeep of the address details of companies have to be absolutely reliable and that
authorizations and identity management around this information have to work. Globalization and the
fragmentation of value chains are bringing their own challenges to the management of addresses. In
Europe these challenges are being sought to be solved with the aid of EU-level standards such as PEPPOL.
In Finland, the address needs of e-invoicing have already been served for a long time by a centralized einvoice
address book of the Information Society Development Center, TIEKE – a non-profit organization
which has carried out important pioneering work in the field of e-invoicing. However, the aforementioned
and rapidly accelerating development require that the technology used in national central e-invoicing
address books or single-operator CRM:s needs to change.
An attempt to build a new kind of organizationally distributed but logically centralized shared ledger of einvoicing addresses has now been started in Finland. The objective is to deliver a first early version of a
distributed e-invoice address book in December 2016. A significant group of operators in e-invoicing is involved in the project: Leading European B2B business integrators – such as Tieto, Enfo, Basware and OpusCapita; of the banks the OP, Nordea, Danske Bank and the s.k. Samlink –group of Finnish Savings banks as well as the LähiTapiola insurance company are in. In addition, the consortium includes such government agencies as The Finnish Tax Authority, the Finnish Business Registry, The Government Services for Finance and HR in Finland Palkeet. The SME side has been covered by the Association of Finnish Accounting Firms. Furthermore, the payment processor Nets is also involved. The Federation of Finnish Financial Services is acting as the facilitator of the project. Nordledger (nordledger.com) Blockchain Design Studio is responsible for the design and coding in the project.