B2B electronic invoicing in Europe
The increase in electronic models implemented in the public sector inevitably entails the expansion of these systems to the private sphere
Companies that already have EDI systems can harness the investment made and adapt electronic processes to their other commercial flows
The case of e-Invoicing in Italy
Italy was the first country in the European Union to legislate mandatory e-Invoicing between private businesses.
The Emilia-Romagna region made it compulsory in 2015 for the healthcare system to issue only electronic purchase orders to its suppliers, adopting the use of the PEPPOL format.
Dematerialisation in the Italian healthcare sector continues to evolve and the government plans to require that by 2018 all public sector healthcare providers must be equipped to receive electronic orders over the NSO (Nodo Smistamento Ordini) platform using the PEPPOL standard.
Benefits of e-Invoicing between private businesses
Prevents and reduces errors in documents and subsequent payment incidents.
Increased cost savings
Generates savings with regards the use of paper, shipping and printing costs and physical archiving in companies.
Increase in information quality and productivity
More streamlined operations management positively impacts payment times.
The harmonisation of e-Invoicing between private businesses creates a new common space where building new working relations will be faster and easier.
Be aware of the status of the documents at all times and trace the actions the recipient performs with them.
Invoice integration and automation
Having an efficient system that can centralise the entire electronic procedures both in sending and receiving optimises a company's internal processes.