Finom upgrades e-invoicing suite to comply with incomng German regulations

This strategic update comes ahead of Germany's upcoming e-invoicing regulations, which will require all entrepreneurs to receive electronic invoices starting January 2025, with full mandatory e-invoicing for all businesses by 2028.

FINOM's primary focus was on seamless integration - customers don't need to take any additional steps to comply with the new regulations. The platform automatically generates compliant e-invoices in both ZUGFeRD (PDF/A-3) and XRechnung (XML) formats as part of its standard invoicing service.

“With mandatory e-invoicing requirements starting in 2025, German businesses need a simple and reliable way to stay compliant,” said FINOM CEO Andrey Petrov. “Our e-invoicing solution integrates smoothly with our financial management tools, so there’s no need for extra software or complicated setups. It’s all about making compliance easy for our customers. As the first fintech in Germany to launch these fully compliant e-invoicing features, we’re helping our customers get ahead of the new rules before the deadline.”

Key features of FINOM's e-invoicing include:

• Seamless integration with FINOM's existing systems and automatic compliance with e-invoicing regulations for all generated invoices

• Support for both ZUGFeRD (PDF/A-3 with embedded XML) and XRechnung formats for B2B/B2C transactions

• XRechnung (XML) generation capability for B2G transactions

• Multiple sending & receiving options including email, messenger, or direct upload/download

• Built-in preview functionality for both formats without the need for specialized software

• Integrated payment and reconciliation features within the existing FINOM platform

FINOM's e-invoicing solution is available immediately to all German customers as a free feature within the platform's financial management suite.