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Every second company in Europe sends and receives at least one electronic invoice a month. Correspondingly, over 40% of consumers receive at least one electronic invoice in the same time period. However, the share of electronic invoices remains below 30%, because paper invoices still dominate the invoicing markets.
Itella Information share key learnings of a recent invoicing study that was carried out on over 14,000 consumers and decision makers of companies’ invoice processes in 16 different European countries.
The main target of this research was to examine the present state, future plans and prerequisites of electronic invoicing in these countries. This approach covered the main types of invoicing, from paper to different electronic channels, such as email, Internet banking and direct transfer to the recipient’s invoice processing system.
This key learnings will help you to assess and benchmark your current solutions against some of the most efficient in the industry.
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