Recently, the French government signed a deal with online invoicing company Tradeshift. One of the government’s divisions, ADETEF, plans to implement the London-based startup’s invoicing technology:

“ADETEF, which is the international assistance agency of the ministries for economy, budget and sustainable development, will use the company’s online platform to connect with suppliers and manage invoices digitally, eliminating the need for manual processing.”

This move aligns with The Pan-European Public Procurement Online (PEPPOL) initiative that aims to standardize e-invoicing for the European Union.

To learn more about Tradeshift, come watch its live demo at FinovateEurope February 7, 2012 in London.