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e-Invoicing - bank sector in Finland 2005-11


- banks have tremendous selling power - over 200 000 enterprises signed up - about 87% of active enterprises

- excellent and improving volume growth (even if Norway and Sweden are ahead in the consumer sector - as invoice senders are not discouraged to charge visibly for having to send paper there)

- on EU-level this would mean some 1,8 billion e-invoices - still a lot of room for growth

- b2b will grow even faster now as the state sector is applying "return to sender" for paper or emailed invoices (the idea is NOT to save stamps - but to enable process automation by using structured data and common standards)


Finvoice 2011

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Bo Harald

Bo Harald

Chairman/Founding member, board member

Transmeri, Demos, Real Time Economy Program,MyData

Member since

04 Nov 2008


Helsinki Region

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

Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.

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