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Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
Bo harald. expert group of e invoicing
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Bo harald. expert group of e invoicing


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  • Ladies and Gentlemen, I would like to start by thanking our hosts – the Spanish presidency and the EU Commission for organizing this – by far most important e-invoicing conference this year. I am very pleased and proud to have the opportunity to present the results of the Expert Group on e-Invoicing. Two years of hard work – 24 meeting days, innumerable telephone conferences and documentation work resulted in a very unified view on how e-invoicing should become the key to higher productivity and a new milestone in the progress towards a Single Market. This conference represents two important milestones – the end of the beginning with the Final report of the Expert Group – and I am sure we will all agree when we conclude tomorrow the beginning of the end-game – full migration to electronic invoicing and the multitude of rational administrative practises that enables.
  • 65 percent of business turnover – baking the cake for any welfare state – is coming from SMEs – and the potential for improved productivity in this sector is immense – focus on business instead of complicated and stressful administration
  • Transcript

    • 1. Results of the EC Expert Group on e-Invoicing Bo Harald Chair EC Expert Group on e-Invoicing
    • 2. Expert Group on e-Invoicing - Mission
      • Defined in Commission Decision of 31 October 2007:
        • Identify shortcomings in current regulatory framework
        • Define e-Invoicing business requirements
        • Address relevant e-invoicing data elements (and linkages)
        • Propose responsibilities for standardisation bodies and time schedule
        • Propose a European e-Invoicing Framework - a common conceptual structure
    • 3. Results
        • Awareness of fundamental
        • importance of e-invoicing for:
        • Competitiveness of EU enterprises
        • Cost savings in public sectors
        • Service innovations
        • Learning
        • 2. Recommendations
        • 3. Next layer visibility
        • e-Invoicing is not dematerialization
        • only – but an enabling platform for
        • automating administrative processes at
        • large – a new paradigm
    • 4.
        • Value of information in structured form apparent
        • Productivity improvement potential – 250bn > business case for service providers and customers (Deutsche Bank Research report – 54bn€ pa in Germany alone)
        • Demographic challenges – liberating for more productive work much needed
      Reasons for fast adoption
    • 5. Dilemma nbr 1: EU workforce nose-diving Digitalization key to automation. Productivity improvement potential 250bn with e-invoicing Automation liberates much needed resources for productive work Automation leads to real time completion of processes 2020 35 million smaller 25 m larger
    • 6.
        • 4. SME-opportunities
        • (i)“eliminating” half of administrative cost – less economy of scale disadvantages of being small
        • (ii) becoming integrated e-parts of value chains
        • (iii) improved cash flow, cheaper financing and real time visibility
        • 5. Very large savings and service improvement potential in public sector
      Reasons for fast adoption
    • 7. 2. Key Recommendations
      • 1: Meet the needs of SMEs as a priority focus.
      • 2: Harmonise and clarify the legal and VAT framework based on equal treatment of paper and electronic.
      • 3: Maximise interoperability and reach.
      • 4: All actors to adopt a common invoice standard and data model- the UN/CEFACT CII v.2.
      • 5: Establish an organisational process for implementation
      • of the EEIF.
      • 6: Widely promote and communicate the benefits.
      Prog ress made Banking sector could do more VAT-directive for equal treatment Much work needed Great progress in ISO EC to establish PAN-EU Multi stakeholder Forum and recommend member states to do same Much work needed in SME and public sector
    • 8. Time for EU to address the needs of SMEs
      • Small enterprises cannot afford to invest in advanced ERP systems
      • Small enterprises cannot afford to communicate in x number of standards to their counterparts
      • Small enterprises cannot afford to support connectivity to x number of counterparties
      • Service providers should take all this in account – provide the simplest interfaces
    • 9.  
    • 10. Equens, IBM, Frauenhofer report
    • 11. More than dematerialization – cutting administrative costs in all dimensions
      • Very important to demonstrate full potential for SMEs:
      • Automated accounting
      • Automated and real time cash flow estimates
      • Automated and real time VAT
      • Automated invoice financing
      • Automated and unified reporting to public sector
      • All achieved by moving to e-invoicing.
    • 12. Target: Cut enterprise administrative cost in half
      • Build on DG Enterprise 25% target by 2012. 50% suitable next target for EC, Member state and MSH Forum. How soon? 2014?
      • This would speed up migration to e-invoicing and make it voluntary (deadlines for unstructured invoicing and transparent pricing still needed)
      • Corresponding cost saving and fraud elimination targets could also be set for report handling and supervision in public sector
    • 13. Summary
      • E-invoicing is just one step – but the foundation for wide scale automation of administrative processes
      • SMEs should be given more time for business – less for administration
      • Cutting administrative costs in half is possible
      • If we start now we may be ready by the time work force shortage sets in in earnest
      • The questions to ask:
      • Are we helping enterprises – aggressively enough?
      • Is the public sector acting in a model role
      • Should this not be the next milestone for the Single Market?
    • 14. Page 14 2006-03-23 3 approaches: “ Any hype will do” Early start: “Explorer” Late (re)start: “Panicky follower” “ Ice Age” “ Huge Ice Age”
    • 15. The future is not planned nor prognosed Thank you, http://boharald. blog It is created !