Accounts Payable News^®

How E-Invoicing across Europe Increases Profits at Home

More and more companies are making the shift away from paper based invoicing and taking the first steps towards e-invoicing.  To a certain extent the lead in this area has been taken in many European countries with their increase rising by 81% over 2006 level in Sweden during 2007.  Where they lead, the UK has followed, with many organisations, especially those operating in the EU, recognising the benefits of e-invoicing.  There are many reasons why it is an attractive proposition for many, but cost savings and increased cashflow are the driving factors.