A VAN, or Value-Added Network, is a third-party service provider that facilitates the exchange of electronic data interchange (EDI) messages between trading partners. VANs also typically offer additional services, such as message encryption, archiving and monitoring - though the number and quality of these services vary from one VAN to the next.
VDA
VDA, short for Verband der Automobilindustrie, is a German term that translates to the "German Association of the Automotive Industry" in English. In the context of Electronic Data Interchange (EDI), VDA refers to a specific set of EDI standards and guidelines established by this association. These standards are commonly used in the automotive industry to facilitate electronic communication and data exchange between automotive manufacturers, suppliers, and partners. VDA EDI standards cover various business processes, including orders, delivery notes, and invoices, and they define the format and structure of electronic messages. Adhering to VDA EDI standards helps ensure consistency and efficiency in electronic transactions within the automotive supply chain, benefiting organisations involved in the industry.
ViDA
VAT in the Digital Age (ViDA) is a European Commission initiative aimed at modernising and digitising the management of Value Added Tax (VAT) obligations for businesses. The ViDA initiative aims to streamline VAT compliance processes, reduce errors, enhance transparency, and ultimately make the VAT system more efficient by enabling real- time reporting and improved data access for tax authorities while simplifying and automating VAT-related transactions for businesses in the digital era. A key goal of ViDA is the introduction of common digital reporting requirements (DRR) and compulsory e-invoicing for intra-community transactions.
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The Future of B2B Integration: Market Trends Report
This report presents survey results, comparisons, and expert advice on optimising B2B systems.
