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….


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s