E-Invoicing trends in Europe

Bartłomiej Wójtowicz, Comarch EDI Product Manager

E-invoicing in numbers

E-invoicing in numbers

E-invoicing in numbers

E-invoicing in numbers

E-invoicing in numbers

E-invoicing adoption awareness increase…

Tasks a) monitoring of the development of the e-invoicing market in industry and services sectors across the Member States

b) exchange of experience and good practice

c) to point out problems encountered in particular as regards cross-border Transactions

d) to support and monitor work leading to the adoption of a e-invoice standard data model.

…and implementation expected to speed up

• Blocking point is not installing software and switching it on

• Change-management aspect of an e-invoicing programme is key

• Change management requires: resources and focus from a dedicated project team very good communication channels top management’s support

E-invoicing process – key remarks

Why e-Invoicing?

• Paper invoices cost 74% to 89% more to process than electronic invoices (Aberdeen Research)

• EU businesses can save a potential €238bn on B2B e-Invoicing (European Commission)

• e-Invoicing makes a direct contribution to saving the environment and meeting CSR targets

• Mass market adoption: +4 000 companies and 60 000 consumers as new e-invoicing users every day in 2012!

• Estimation: European E-Invoicing volume growth +30% y-o-y

E-Invoicing – reasons to start

Comarch EDI E-Invoicing features:

• Guaranteed VAT and tax compliance

• Experience in project roll-out

• Multinational position – ca. 15 000 customers in 30 countries

• 140m documents processed in 2011

• Local technical support and Call Center

• Comarch EDI Project Management expertise and best practices

• Signing on behalf of the customer

COMARCH EDI E-Invoicing

Comarch EDI E-Invoicing features:

• Flexible for many formats (EDI, XML, PDF with/without electronic signature)

• Increased data quality (validation)

• Mass e-invoicing in B2C tool – various delivery channels via dedicated self-care portal or e-mail delivery (e.g. utilities, cable TVs)

• Ergonomic and secure archive – different user rights and searching criteria

• Integration with Comarch ECM

COMARCH EDI E-Invoicing

Complex approach to e-invoicing - support for various formats & channels

COMARCH EDI E-Invoicing