According to a recently released survey conducted by the European E-invoicing Service Providers Association (EESPA), 840 million electronic invoices were processed and delivered to invoice receivers in 2013. That number signifies an increase of 19 percent from figures from the year 2012, when 706 million e-invoices were processed and delivered. Read more...

The Republic of Moldova, located in the central part of Europe in the northeastern Balkans, recently mandated the implementation of electronic invoicing in that nation as of September 1, 2014.  Lurie Leanca, The Republic’s Prime Minister, has instructed the Republic’s State Tax Inspectorate (STI) to connect 150 public institutions to an automated electronic invoicing system by that date. Read more...

According to a recently released report published by Billentis and sponsored by Ricoh Europe, European companies can enjoy a cost savings of between 60 to 80 percent by adopting e-invoicing. In addition, the report estimated a business will recover its initial investment for implementing electronic invoicing within six to 18 months. Read more...