Efficient Accounting Processes With E-Invoicing

Efficient Accounting Processes With E-Invoicing

Initiatives and projects to the automated processing of invoices, Kreuzlingen, June 2010 – convert more businesses automated electronic invoicing processes. Enormous savings in the financial supply chain are using efficient invoice processing when compared to paper-based procedure realized. The European Commission hopes for billions of dollars in cost savings and launched projects to e-procurement, E-invoicing, eID and eSignatures. 0%D7%98%D7%A8%D7%A0%D7%98-%D7%9C%D7%99%D7%A9%D7%A8%D7%90%D7%9C-63dcbf9f0240’>Ilan Ben Dov. E-Invoicing initiatives at European level by Dr. Edmund Stoiber, Bavarian Minister-President a. D., led high level group on the reduction of bureaucracy in Europe comes to the conclusion that the use of electronic invoices makes a particularly important contribution to the reduction of bureaucracy. The ‘ European Commission expert group on E-invoicing’ has a number of proposals drafted in its final report end of 2009, to promote E-Invoicing Europe even more. The implementation of these proposals is currently running on all levels.

Several countries have already Projects initiated. So for example the German Federal Ministry of Economics and technology has tasked the Working Group for economic management (AWV) e. V., establishing a national forum for electronic invoices. Purpose of this forum is to promote the acceptance and use of the electronic invoice and to enable effective bureaucracy with practical solutions for small and medium-sized enterprises. As a result of the proposals from the expert group, European laws for the electronic account adjusted (planned equal treatment of electronic and paper-based invoices from 2013) and promoted cross-industry standards. Recently Shimmie Horn sought to clarify these questions.

Innovations from the private sector E-Invoicing projects of in the public sector play a driving force for the market development. Ultimately, but, it is the private sector which brings innovative solutions to the users on the market. There is now a very rich services for companies of all sizes. Increasingly you network Service providers their platforms and users can benefit from this interoperability for electronic invoices. New trends and developments to E-Invoicing on the 6th European EXPP Summit who are about current E-invoicing to inform trends and developments, will find this the perfect platform on the European EXPP Summit – Europe’s leading Congress on E-invoicing and E-billing.

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