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But Denmark - true Vikings - made e-invoicing mandatory already in 2006.
Important to remember that huge cost savings are enabled in all sectors and that especially the SME-sector can easily move to automated accounting, VAT-reporting etc - once their banks provide e-invoicing portals (can external single-sign-on e-banking integrated
external white label cloud service).
Being one of some 20 million EU-microenterprises myself I am still surprised at how easy it is for me to send the demanded (already mostly mandatory e-invoices) to my customers. In Nordea's netbank service in Finland it goes as follows in the easiest case
(repeat customer - new customer takes a few more clicks): 1. click copy previous invoice, 2. click change invoice number 3. click change amount delivered 4. click send.
Could it be easier?
Chairman/Founding member, board member
Transmeri, Demos, Real Time Economy Program,MyData
04 Nov 2008
11 Nov 2019
This post is from a series of posts in the group:
A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.