Factuurdag 2011 - e-Invoicing in Europe

E-Invoicing in EuropeOctober 13th, 2011Bruno Koch

Every 2nd European company send/receive some electronic invoices, many of them with just 10% of their volume page18.10.2011 19

Market Penetration 2011 (Electronic share of total volume of 30 billion) B2B/B2G B2C 20-50% 10-20% <10% page18.10.2011 © Bruno Koch, Billentis - Reproduction is authorised provided the source is acknowledged. 20

European invoices Not tax compliant or semi- electronic 4,700 Direct Exchange Compliant & 1,900 paperfree Paper E-Invoicing 22,000 Exchange via Millions Service Provider 1,400 page18.10.2011 © Bruno Koch, Billentis - Reproduction is authorised provided the source is acknowledged. 21

Europe Invoices received by enterprises according to delivery and processing channels Format of inbound invoices (AddValue Survey 2010) United Kingdom 24 26 6 45 Finland 31 3 43 23 Estonia 8 23 4 65 Germany 3 27 10 60 Denmark 18 11 18 53 Austria 3 24 10 63 Norway 12 14 51 23 Romania 7 13 1 80 Latvia 4 14 4 78 Russia 4 13 4 79 Hungary 6 10 1 83 Czech Republic 3 10 2 85 Sweden 4 4 48 44 Lithuania 1 7 14 79 Slovakia 0 5 4 92 Poland 02 6 92 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Elec. structured Email/PDF Scanning Paper Remark: Unfortunately, this international survey didn‘t consider other countries than mentioned above page18.10.2011 © Bruno Koch, Billentis - Reproduction is authorised provided the source is acknowledged. 22

European Growth and Channels Used for Electronic Invoices, +32-35% p.a. Source: Billentis Very strict definition used for E-Invoicing: Not considered are electronic invoice files which are not tax compliant or are just semi-electronic (supported somehow by paper)18/10/2011 © Bruno Koch, Billentis - Reproduction is authorised provided the source is acknowledged. page 23

Share of electronic invoices Purchase Invoices in Austria, 2011 60 50 % of companies receiving 40 e-Invoices 30 20 10 0 1-10% 11-20% 21-30% 31-40% 41-50% 51-75% 76-100% % of invoices received electronically Source: Survey on behalf of The Austrian Federal Economic Chamber, August 2011 Remark: 2009/2010 figures of AMETIC (Spain) and AddValue (16 countries) confirm this pattern page18.10.2011 © Bruno Koch, Billentis - Reproduction is authorised provided the source is acknowledged. 24

Mayor barriers for increasing E-Invoicing • Legal requirements, mis-understandings • Missing market transparency • Company internal changes of processes • Divergent requirements of trading parties • Technical integration • Saving potential not yet recognized • Trading party does not yet support the electronic channel • AR/AP management or other parts of controlling are outsourced to a third party Sources: Surveys of ibi research (Germany), The Austrian Federal Economic Chamber (Austria), FHNW (Switzerland), Basware (international), AddValue(16 European countries)18/10/2011 © Bruno Koch, Billentis - Reproduction is authorised provided the source is acknowledged. page 25

Possible structure of suppliers/invoice volume 1000Number of annual invoices per supplier 100 10 20 Number of suppliers 250 ~10,00018.10.2011 © Bruno Koch, Billentis - Reproduction is authorised provided the source is acknowledged. page 26

More aggressive on-boarding methods Classical evolutionary steps for shifting from paper to electronic invoices 1. Frank invitation by trading parties 2. More concrete reminder 3. Incentives for sending/receiving E-Invoices instead of paper 4. Pressure to only send/receive invoices electronically 5. Penalties for paper invoices ibi research survey 2011*: 13% of companies already use or intend to apply penalties; 40% of small companies practice E-Invoicing due to penalties for paper invoices 6. Obligation In private sector only possible to a certain extent Public sector privileged to declare E-Invoicing as mandatory *Source: ibi research 2011, „Elektronische Rechnungsabwicklung – einfach, effizient, sicher – Teil III: Fakten aus der Unternehmenspraxis (www.elektronische-rechnungsabwicklung.de)“18/10/2011 © Bruno Koch, Billentis - Reproduction is authorised provided the source is acknowledged. page 27

Evolutionary E-Invoicing methods Companies & Countrywide 100 90 80 70 60 % E-Invoices Company - Classic 50 40 Country average 30 20 Company - Powerplay 10 0 0 1 2 3 4 5 6 7 8 9 10 Year after starting the rollout process page18.10.2011 © Bruno Koch, Billentis - Reproduction is authorised provided the source is acknowledged. 28

Europe: Expected shift of paper towards e-Invoices and hybrid processing Favoured formats up to today and outlook (B2B/B2G/G2B/G2C/B2C) 100% 90% 80% Hybrid 70% (Paper + 60% electronic) Paper 50% 40% 30% 20% e-Invoices 10% 0% 2000 2010 202018/10/2011 © Bruno Koch, Billentis - Reproduction is authorised provided the source is acknowledged. page 29

Outlook • Sustainable e-Invoicing market growth rates of 30-35% p.a. • Improvement of the „market quality“: structured invoice data for process automation; intensified international co-operation among service providers and based on a more standardized approach; efficient and easy-to-use solutions for the mass market • 60%+ electronic invoices within a single organisation after 2 years are achievable for a best-of-class organisation  challenge to squeeze out the remaining paper part • European-wide penetration is expected to pass 50% in 2017 for the B2B/B2G segment and in 2020 for the B2C segment • Beyond e-invoicing: Automate the full supply chain considering the procurement and payment messages18/10/2011 © Bruno Koch, Billentis - Reproduction is authorised provided the source is acknowledged. page 30

Conclusion for next decade: Inside companies 100% electronic and unified processing Document exchange among trading parties based on multi- channel & multi-format page18.10.2011 31

Factuurdag 2011 - e-Invoicing in Europe

by Certipost on Oct 18, 2011

Accessibility

Categories

Tags

Upload Details

Usage Rights

2 Embeds 60

Statistics

Factuurdag 2011 - e-Invoicing in Europe — Presentation Transcript

http://www.certipost.com	41
http://platformelfa.nl	19