A new partnership between Esker and EY Services France has emerged to assist businesses in navigating the challenges posed by disruptive technologies and evolving regulatory landscapes. This collaboration leverages Esker’s expertise in AI-driven process automation and EY Services France’s financial auditing and consulting capabilities. By combining their strengths, the two firms aim to provide comprehensive support for companies transitioning to digital operations, especially in light of new regulatory demands.
In recent years, other partnerships such as Deloitte with Basware and Sovos with PwC in Belgium have also focused on facilitating compliance with eInvoicing regulations and enhancing automation in financial processes. These collaborations reflect a broader industry trend where firms are increasingly turning to joint ventures to address the complex regulatory environment and digital transformation needs.
Additionally, the partnership between Zuora and Avalara highlights the ongoing demand for integrated eInvoicing solutions, underscoring the importance of seamless compliance and automation in the current business climate. These alliances collectively signify a growing recognition of the need for collaborative approaches in meeting stringent regulatory requirements and advancing digitalization.
Addressing Regulatory Changes
The collaboration between Esker and EY Services France comes at a pivotal time as businesses face significant regulatory changes, including the French eInvoicing reform and the Corporate Sustainability Reporting Directive (CSRD). These upcoming reforms necessitate substantial transformations in back-office and financial operations. Consequently, companies are prioritizing robust eInvoicing management solutions to comply with new regulations.
Supporting Digital Transformation
Esker and EY Services France aim to support companies throughout their digital transformation journey, addressing both the initial and subsequent stages of these projects. The combined capabilities of both firms offer a holistic approach to optimizing key financial processes, thereby reducing costs and risks. Emmanuelle Muller Schrapp, EY-Esker alliance leader, emphasized the integrated strategy provided by this partnership, which is designed to streamline and enhance financial operations.
Esker’s Chief Operating Officer, Emmanuel Olivier, highlighted the complexity of integrating cutting-edge technologies such as AI while ensuring compliance with the CSRD and eInvoicing mandates. He stressed the necessity of collaborating with qualified providers like EY Services France to successfully navigate these challenges.
Key Insights from the Partnership
– Regulatory reforms are driving the demand for comprehensive eInvoicing solutions.
– The collaboration aims to reduce costs and risks associated with digital transformation.
– Integrated approaches are essential in managing complex technological and regulatory challenges.
The partnership between Esker and EY Services France is strategically positioned to address the pressing needs of businesses adapting to new regulatory frameworks and technological advancements. By providing a unified solution for eInvoicing and digital process automation, the alliance aims to facilitate smoother transitions for companies undergoing digital transformation. The collaboration reflects a broader industry trend of forming strategic alliances to meet the dual demands of regulatory compliance and technological innovation.
This initiative underscores the importance of collaborative efforts in overcoming the multifaceted challenges faced by businesses today. By leveraging the combined expertise of Esker and EY Services France, companies are better equipped to handle regulatory requirements and optimize their financial operations. As digital transformation continues to evolve, such partnerships will likely become increasingly vital in helping businesses stay competitive and compliant.
