Community
According to the Commissioner for Internal Market and Services, Michel Barnier: "Ensuring that public administrations in the EU are modern and efficient is a priority for the European Commission. Switching to e-procurement, and particularly to E-Invoicing, can bring significant savings and make life easier both for the governments and for the thousands of businesses active in the Internal Market. Switching from paper to fully automated invoicing can cut the costs of receiving an invoice from EUR 30-50 to EUR 1.
Time for some resolute action. e-Invoice or no invoice... buyer's not only right but also responsibility - especially in the public sector.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Prakash Bhudia HOD – Product & Growth at Deriv
07 February
Ritesh Jain Founder at Infynit / Former COO HSBC
05 February
Harish Maiya CEO at Orin
03 February
Hirander Misra Chairman and CEO at GMEX Group
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