Business controls

are internal controls to oversee the correctness and veracity of all financial, transactions and operational elements of an organization. In the context of electronic invoicing it often refers to the use of business controls in creating a reliable audit trail between an invoice and the underlying supply of goods and services and can be used to ensure the authenticity of origin and integrity of content for all invoices, whether paper or electronic under EU legislation and Member State regulation.

« Back to Glossary Index