Join the Community

23,905

Expert opinions

40,632

Total members

384

New members (last 30 days)

199

New opinions (last 30 days)

29,253

Total comments

Join Sign in

Wasting tax payer's money until 2020?

03 July 2012 1 comment

Bo Harald

Chairman/Founding member, board member

Trust Infra for Real Time Economy Prgrm & MyData,

Most governments are trying hard to save tax payer’s money – and even more importantly trying to push the SME-sector into digital processes and financial administration. But still too many in EU seem too signal that 2020 is a deadline for unstructured invoicing.

More here:

http://eeiplatform.com/8528/an-overview-56-government-e-invoicing-initiatives-anything-missing-here/?utm_source=E-invoicing+Platform&utm_campaign=42f689713a-E-invoicing+Platform+-+Newsletter+week+27&utm_medium=email

Is it really so that only legislation helps? Of course it is efficient - but takes too much time. The faster way is that the buyer of goods and services simply states that e-invoices are preconditions. Of course this can be done - subject to SMEs having 0-investment and 0-ITskill alternatives - for example in their e-banks.

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

3681

Report

Channels

/payments

Innovation in Financial Services

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

Join group

1835 opinions 263 members 20 September 2025

Comments: (2)

A Finextra member

03 July 2012

As Governments see what E-invoicing can do for users and what the ramifications entail they will soon see the "light at the end of the tunnel".

Report

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Author 04 July 2012

Anybody out there thinking e-invoicing should not be mandatory in the public sector? Anybody thinking VAT-reporting should not be automated? If not - why not speed it up by setting a deadline?

Report

Bo Harald

Chairman/Founding member, board member

Trust Infra for Real Time Economy Prgrm & MyData,

Member since

04 Nov 2008

Location

Helsinki Region

More expert opinions

Luigi Wewege President at Caye International Bank