E-invoicing Platform

Finland is relatively far in e-invoicing B2B segment but B2C is in a low penetration stage at the moment. So how come these two segments have followed different paths?

What happened in B2B side?

KSAM 1017

The City of Huntsville is offering a new, fast, efficient, and eco-friendly service for its water customers called E-Bill. Utility Billing customers may now sign up to receive an E-Bill–an electronic bill viewed online. E-Bills replace paper bills, saving resources and reducing waste, and are sent via email to utilities customers.

EIN Newsdesk

In comparison with paper-based processes, electronic invoice handling processes make it possible to reduce costs by 50-80%. Investments in electronic invoice processing can therefore often be gained back within 6 months.

Many companies are already using electronic processes. In 2013 around 20 billion bills/invoices globally and 5.5 billion invoices in Europe are likely to be sent and archived paper-free.

E-Invoicing Platform

Boy what a surprise. You do a e-invoicing survey under SME’s. And what is the outcome? Well, that most of them use e-mail and PDF for e-invoicing.  Now, for all of you that are eager to say that that is not e-invoicing, talk to those SME all over France, Europe and the world for that matter. Because this what they believe. And keep in mind that these SME’s are strangely enough your future customers.