Snippets from multistake holder meeting
“· The European Council called for actions to encourage the uptake of e-invoicing in the EU and the European Parliament issued a resolution which calls for making e-invoicing
mandatory in public procurement by 2016.
Einvoicing is seen as a potential source of significant savings for European public authorities.
· Several Member States made e-invoicing already mandatory in public procurement. There is also a solid basis for possible action at European level: the Communication "Reaping the benefits of electronic invoicing for Europe" (COM(2010)712),
the Directive on the common system of value added tax (Council Directive 2010/45/EU), the Communication "A strategy for e-procurement"
(COM (2012)179) and the existing projects PEPPOL and E-prior.”
Wasting tax payer's money until 2016 sounds like a bad idea - especially as so many countries already have moved to mandatory e-invoicing and US and Canada will do so this year.
In any case - time for banks to move in - payback time in many cases...Without their contribution migration will take far to long and be very expensive.
Blog updated: 26 May 2015 20:27:11