European Commissions e-invoicing proposals challenged by Envelope Manufacturers

Submitted by: The Two Sides Team December 17, 2010

On 1st December, the European Commission released their communication entitled ‘Reaping the benefits of electronic invoicing (e invoicing) for Europe. FEPE, the European Envelope Manufacturers Association, has written to the Commission to raise serious questions about the conclusion of the Commission and believe they ignore previous undertakings

European Commission wants broad-scale adoption of e-invoicing by 2020

The
European Commission wants to see e-invoicing become the predominant
method of invoicing in Europe. In its Communication ‘Reaping the
benefits of electronic invoicing (e-invoicing) for Europe’, presented
by Vice-President Tajani and Commissioner Barnier today, the European
Commission identifies a set of tangible actions to make the uptake of
e-invoices in Europe easier. Providing invoice data electronically and
in a format could allow businesses to benefit from shorter payment
delays, fewer errors, reduced printing and postage costs. Most
importantly, structured e-invoices facilitate business process
integration from purchase to payment, meaning that invoices could be
sent, received and processed without manual intervention. Currently,
exchanging e-invoices is often complex and costly, in particular across
borders and for SMEs. The Communication by the Commission addresses
these obstacles and is complemented by a Commission Decision to set-up
a European multi-stakeholder forum on e-invoicing.

To see the full Commission report ; click here

Read and download FEPE’s response below:

Share this story