25 September 2017
Bo Harald

Good for society at large

Bo Harald - ZEF, Transmeri, Real Time Economy Program

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e-invoicing making great progress

03 May 2009  |  2672 views  |  0

Check progress here:

http://boharald.blogspot.com/2009/04/first-you-sign-them-up.html

There are some 220 000 enterprises in Finland - by now banks have signed up an estimated 120 000 - other service providers probably 20 000. What you can see from the usage is typical - first you sign them up - then after some delay (rather long as finance department people love order = hate changes = innovations) the take-off appears. The same was very much the case in e-banking - then as now a source for shortlived support for those resisting change.

E-invoicing is the great tool to automate accounting as the posting is done by the invoice sender - often based on reference from e-order. We keep hearing from the great number of accounting firms serving SMEs that this development is much needed as the present generation is nearing retirement and young people (and they are a smaller crowd) are not interested in manual entering of  figures - but want to do more value adding work for their customers.

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