Europe E-Invoicing Market Segments 2018 Analysis: B2B and B2C

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The Report recognizes the following companies as the key players in E-Invoicing Market in Europe: Basware, Esker SA, SAP AG, Tieto Oyi, Fundtech FSC Ltd., IBM Corp., Itella Corp., GXS Corp., SwissPost Solutions, TradeShift Inc.
One of the major trends in the market is the increasing demand from the public sector. The public sector constitutes approximately 10 percent of the total invoices issued; however, most all of these invoices are paper invoices. Thus, there is tremendous saving potential in many European countries. Moreover, increasing demand from different public sectors such as Healthcare, Logistics, Electricity and the Water board is driving the market. Many enterprises in these sectors have realized the importance of e-invoicing and they are increasingly adopting these solutions. Healthcare is considered an early adopter of this technology and it is known for investing heavily in IT. Additionally, government bodies such as the electricity board are growing at a higher rate and are expected to increase their market share in the near future. Today, in some countries in Europe e-invoicing is mandatory. For instance, in Denmark e-invoicing is mandatory for the public sector agencies, and Denmark will soon introduce rules and regulations with regard to e-invoicing for the public sector.

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Europe E-Invoicing Market Segments 2018 Analysis: B2B and B2C

  1. 1. E-Invoicing Market in Europe 2014-2018 Order this report by calling +1 888 391 5441 or Send an email to sales@sandlerresearch.org with your contact details and questions if any. 1© SandlerResearch.org/ Contact sales@sandlerresearch.org Published: May 2014 Single User PDF: US$ 2500 Corporate User PDF: US$ 3500 No. of Pages: 61
  2. 2. E-Invoicing Market in Europe 2014-2018 E-invoicing is the process of invoicing and related processes with the help of electronic channels and is also known as the solution for eliminating the paper invoicing process. E-invoicing is a part of electronic data interchange transactions that include data from the enterprise in a format that can be integrated into the client’s financial system without the involvement of a financial administrator. It offers a number of benefits to organizations including streamlining of accounting processes, reducing paper volume, offering higher receivables, helping in timely delivery of invoices and faster customer payments, reducing the number of lost invoices, and increasing visibility and control over various processes. Analysts forecast the E-Invoicing market in Europe will grow at a CAGR of 11.78 percent over the period 2013-2018. 2© SandlerResearch.org/ Contact sales@sandlerresearch.org Reach us at + 1 888 391 5441 | sales@sandlerresearch.org
  3. 3. E-Invoicing Market in Europe 2014-2018 The Report recognizes the following companies as the key players in E-Invoicing Market in Europe: Basware, Esker SA, SAP AG, Tieto Oyi, Fundtech FSC Ltd., IBM Corp., Itella Corp., GXS Corp., SwissPost Solutions, TradeShift Inc. One of the major trends in the market is the increasing demand from the public sector. The public sector constitutes approximately 10 percent of the total invoices issued; however, most all of these invoices are paper invoices. Thus, there is tremendous saving potential in many European countries. Moreover, increasing demand from different public sectors such as Healthcare, Logistics, Electricity and the Water board is driving the market. Many enterprises in these sectors have realized the importance of e-invoicing and they are increasingly adopting these solutions. Healthcare is considered an early adopter of this technology and it is known for investing heavily in IT. 3© SandlerResearch.org/ Contact sales@sandlerresearch.org Complete Report is Available @ http://www.sandlerresearch.org/e-invoicing-market-in-europe-2014-2018.html .
  4. 4. E-Invoicing Market in Europe 2014-2018 Additionally, government bodies such as the electricity board are growing at a higher rate and are expected to increase their market share in the near future. Today, in some countries in Europe e-invoicing is mandatory. For instance, in Denmark e- invoicing is mandatory for the public sector agencies, and Denmark will soon introduce rules and regulations with regard to e-invoicing for the public sector. 4© SandlerResearch.org/ Contact sales@sandlerresearch.org Get discount on the Report @ http://www.sandlerresearch.org/discount?rname=18805 .
  5. 5. E-Invoicing Market in Europe 2014-2018 Covered in this Report The E-Invoicing market in Europe can be segmented into two end-user segmentations: B2B and B2C. To calculate the market size, the report considers revenue generated by e-invoicing service providers in Europe. E-Invoicing Market in Europe 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the leading countries in Europe; it also covers the E-Invoicing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. 5© SandlerResearch.org/ Contact sales@sandlerresearch.org Complete Report is Available @ http://www.sandlerresearch.org/e-invoicing-market-in-europe-2014-2018.html .
  6. 6. E-Invoicing Market in Europe 2014-2018 Covered in this Report According to the report, one of the major drivers in the market is the reduction in costs and improved customer relations. E-invoicing eliminates paper processing, reduces failed payments and processing errors, accelerates the purchasing process, and improves customer relations. Hence, e-invoicing reduces the total operational cost and the time spent on the purchasing process. This indirectly helps in increasing the production rate. Further, the report states that increasing data security concerns is one of the major challenges confronting the market. As the invoicing process is SaaS-based, all data are stored in the cloud. The data present in the cloud can be used by anyone; thus, leakage of information can take place. 6© SandlerResearch.org/ Contact sales@sandlerresearch.org Inquire Before buying the Report @ http://www.sandlerresearch.org/inquire-before-buying?rname=18805 .
  7. 7. E-Invoicing Market in Europe 2014-2018 Key Vendors Basware Esker SA SAP AG Tieto Oyi Other Prominent Vendors Fundtech FSC Ltd. IBM Corp. Itella Corp. GXS Corp. SwissPost Solutions TradeShift Inc. 7© SandlerResearch.org/ Contact sales@sandlerresearch.org Complete Report is Available @ http://www.sandlerresearch.org/e-invoicing-market-in-europe-2014-2018.html .
  8. 8. E-Invoicing Market in Europe 2014-2018 Key Market Driver Reduction in Cost and Improved Customer Relations. Key Market Challenge Data Security Concerns. Key Market Trend Increasing Demand from the Public Sector. 8© SandlerResearch.org/ Contact sales@sandlerresearch.org Get discount on the Report @ http://www.sandlerresearch.org/discount?rname=18805 .
  9. 9. E-Invoicing Market in Europe 2014-2018 Key Questions Answered in this Report What will the market size be in 2018 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? Browse All Reports on Information Technology Market 9© SandlerResearch.org/ Contact sales@sandlerresearch.org Inquire Before buying the Report @ http://www.sandlerresearch.org/inquire-before-buying?rname=18805 .
  10. 10. 10© SandlerResearch.org/ Contact sales@sandlerresearch.org Reach us at + 1 888 391 5441 | sales@sandlerresearch.org Find Us.

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