25 January 2015

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Bo Harald - ZEF and Real Time Economy Program

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Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.

Clear e-invoicing message from the European Parliament

03 May 2012  |  2382 views  |  0

Delivered at the Multi Stakeholder Forum:

"The European Parliament welcomes the e-Invoicing Initiative and the substantial benefits that it could trigger: shorter payment periods, fewer errors, better collection of VAT, reduced printing and postage costs and business integrated processing.

The European Parliament supported from the very beginning the e-invoicing initiative and will continue to support it as the mass adoption of the e-invoice at the Europeanlevel is seen as an important catalyser for the interoperability of e-Governmentservices. In this context, the mandatory use of e-invoicing in public procurement is seen as an important driver and the EP calls on Member States to implement this by 2016.

The European Parliament works on an own-initiative report entitled “A competitive digital single market” – ITRE is the responsible committee. An important part of thisreport is dedicated to the e-invoicing initiative."

Very clear message - and now time for action. But why wait until 2016?

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