Internal Market: Mass Adoption of e-Invoicing

Posted by : Radu Oprea
Country : Romania
Date : 24.02.2010
Profession : Economist
From : SMART Development Center
Target institution : European Commission, DG Internal Market & Services
Problem status :

Europe is facing major challenges in the coming years as its enterprises and public sector need to become both significantly more productive and environmentally friendly. These needs are accentuated by the relative decline of population of working age and at the same time the growing demand for human resources in health and care sectors. It is more than obvious that very concrete, determined and widely impacting efforts have to be initiated to improve the competitiveness of European economies.

Many studies have pointed out that the digitalization and automation of administrative processes hold much, if not most, of the imminent productivity improvement potential. Migration to electronic structured invoicing is the most important step that can be taken in this direction both as productivity and sustainability enhancers and as a key enabler for unification and automation in procurement, payment, tax, accounting processes and audits.

More information can be found on the Consultation Document and the Final Report of the Expert' Group on e-Invoicing.

What are your recommendations in the areas of business requirements, legal framework, interoperability and standards, as well as implementation and communication?

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