Community
Deadlines for paper or otherwise unstructured invoices (e-mail) to the public sector have been issued in many countries - and more are on their way. The reasons for this are obvious:
1. save tax payers money
2. move increasingly scarce human resources from administration to services and other productive tasks
3. kick-start e-invoicing in the economy at large and thus:
3.1. improve enterprise competiveness
3.2. fight the black and grey economy
3.3. collect VAT due - efficiently
3.4. establish innovation platform for the real time economy
The list of countries now having done this (in to-the-best-of-my-knowledge cronological order include: Denmark, Singapore, Italy, Spain, Sweden, Finland, Brazil, Greece, Mexico, Norway
Countries with partial deadlines and preparatory deadline-discussions include: Argentina (mandatory for importers in 2010), Portugal (may actually belong to the having-done-cathegory), USA (heading for 2012), Canada, Luxembourg, Russia.. The Netherlands have issued an ambition to reach 80% in 4 years and the German Procurement Office (Bundesbeschaffungsamt) has electronified its process completely.
So where is your country? I am sure there are more good news around.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Anusha Sivaramakrishnan Consulting Partner at TCS
17 July
Viacheslav Kostin CEO at WislaCode Solutions
14 July
Alex Kreger Founder and CEO at UXDA Financial UX Design
Milko Filipov Senior Manager at valantic
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