E-invoicing in public procurement could reduce admin costs by 97.5%

E-invoicing is, as we know, being pushed hard by the Digital Agenda initiative. The attached Enterprise Europe piece reveals this startling statistic.

Invoice processing costs are said to run at €30-50 per item. Universal take up of e-invoicing throughout the EU could reduce those unit costs to just €1.

This is good news for buyers and for suppliers, now is the time to invest in infrastructure and know-how to ensure continued access to and competitiveness in chosen markets….

http://tinyurl.com/o5t3jhf

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