EasyTrade (NemHandel in Danish) is a Danish e-invoicing infrastructure, developed by the National IT and Telecom Agency and launched in 2007. EasyTrade is based on open standards (including the Universal Business Language, Reliable Asynchronous Secure Profile (RASP), and UDDI), open source components, and digital certificates. It was launched as part of a Danish Government Globalisation initiative in 2005 under the auspices of Prime Minister Anders Fogh Rasmussen.
The public sector in Denmark receives more than 15 million electronic invoices every year from approximately 150,000 suppliers. Non-electronic invoices for a public sector institution will be rejected. There are more than 30,000 public sector e-invoicing end points. An end point can be everything from a municipality to a kindergarten or even a department within a public sector institution. End points are addressed via Global Location Numbers or via Company Registration Numbers (called CVR-numbers in Denmark).
Easytrade was mandated by law in February 2005. The initial version was based on traditional Electronic data interchange (EDI) methods in combination with an early version of Universal Business Language. The current version of Easytrade was launched in 2007 and is based on modern internet technologies.
Easytrade is an example of the 4-Corner Model for interoperability between service providers. This model is best known from the telephony industry where Telco-operators interoperate by roaming traffic between each other. The advantage of this model is that any party in a transaction can switch provider seamlessly without having to notify the other parties with whom they exchange business documents.
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