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An article relating to this blog post on Finextra:

e-Invoicing in Europe

Bo Harald, chairman, EC Expert Group on e-Invoicing, spoke to Finextra at EBAday in Helsinki about the progress being made by industry bodies to lay the groundwork for wider adoption of e-invoicing in...

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e-invoicing - Dwindling workforce as a driver for change

On his blog, Bo Harald outlines 5 of the "mega class" drivers for the business and banking sectors to embrace e-invoicing. Some of them are obvious, though it's great to see them quantified so well -- cost savings, productivity and automation, reduced environmental impact etc.

But what struck me as particularly interesting was the figures about the dwindling workforce in Europe. I've read before about the impact of the the aging population in developed economies. But considering that Europe will have 100 million less people in the workforce by 2050 really brings home the need for the future workforce to be even more productive to ensure our economies can achieve at least the same level of GDP and annual growth that we enjoy today (current recessionary fears aside).


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Elton Cane

Elton Cane

Digital product delivery

News Corp Australia

Member since

16 Feb 2007



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This post is from a series of posts in the group:

SEPA and European Payments

The Single Euro Payments Area, the Payments Services Directive, the Eurosystem, TARGET2, STEP2, the Euro and related matters.

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