With European tax authorities increasingly mandating e-invoicing, large industrial and commercial consumers are at a pivotal juncture. The shift towards Electronic Settlement Matching (eSM) could soon become essential—not only for compliance but as a way to improve operational transparency.

The adoption of eSM is driven by both operational needs and regulatory requirements. With the EU pushing for digital invoicing across industries, eSM supports large organisations in aligning with digital, standardised processes, ensuring compliance while enhancing energy management.

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Here’s what’s happening across Europe:

• Italy: e-Invoicing has been mandatory since 2019, making it an early leader in digital transformation.

• Germany: Starting 1 January 2025, all businesses must be able to receive e-invoices, reflecting a national shift towards digital compliance.

• France: From 1 September 2026, large and mid-sized companies will be required to issue electronic invoices, with SMEs and micro-companies following by 1 September 2027.

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Utilidex’s Harmoniq bill system offers the robust tools industrial and commercial consumers need to stay compliant and gain operational insight. Here’s how:

• Producing digital bills supporting electronic bill formats for simple ingestion into third party finance and payment systems via API.

• Automated settlement & compliance: Utilidex’s system automatically aligns trades with actual energy needs, minimising the risk of unmatched trade and helping businesses manage energy usage more precisely.

• Comprehensive audit trail: With detailed logs of all balancing trades and settlement adjustments, Utilidex provides large organisations with complete visibility, helping ensure regulatory compliance and offering an opportunity to optimise energy usage.

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Why large organisations should prepare?‍

eSM through Utilidex enables a more efficient, automated approach that can reduce costly administrative tasks, provide insight into energy patterns, and support long-term sustainability and cost reduction efforts.

Get ahead of the curve: If your business hasn’t adopted eSM, now’s the time to prepare. With Utilidex’s Harmoniq Bill System, you can future-proof your energy management practices and set your organisation up for success under these new regulatory requirements.

Email us to discuss how Utilidex can support your team in meeting these upcoming changes and optimising your energy strategy!

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