International
E-Invoicing Congress
2012
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Online Invoicing
Online Invoicing is currently taking markets by storm.
Also often referred to as eBilling and eInvoicing, it ultimately
aims at reducing current costs of at least €10 for bill issuers and
recipients alike by 60-70%. Paper bills are replaced by electronic bills.
Private individuals can view them, for example, on the online banking
portal and easily authorize them for payment at a press of a button.
Companies download them from the billing portal and are able to
automatically import them to their accounts payable application and
archive them electronically in accordance with statutory requirements.
Europe’s annual volume of bills, mostly paper bills, amounts to over
30
billion. In 2011, as many as approx.
3,000 million paperless bills
are likely
sent out through eBilling systems. More than 4.5
million companies and
around 75 million consumers make use of e-Billing and eInvoicing. Leading
service providers operating a hub for electronic bills are to some
extent doubling their volume of transactions volume within a few months.
The staff at Billentis have been working in this field since 1997 and in
Europe are considered to be experts in this field. Many publications on
this topic are available for downloading. You, too can benefit from
Billentis’ expertise. Contact us now.
Market Report
e-Billing / e-Invoicing European market, Description