Deutsche Bank Research reports on the European market for e-invoicing services.
The paper looks at the diffusion of electronic invoices across Europe. It argues in particular that the full benefits of e-invoicing come from a streamlined billing process - not by sending or receiving the bill as such.
Sceptics of e-invoicing therefore say that first the billing processes should be modernised because that's where the biggest savings are. Advocates claim that once e-invoices are being introduced, they would trigger this modernisation.
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