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EC Mid Term Report Expert Group E Invoicing Jan09
The document is a mid-term report from the European Commission's Expert Group on e-Invoicing. It summarizes the group's work so far and sets out initial recommendations. Key points: 1) E-invoicing has great potential for cost savings and efficiency but barriers are holding back mass adoption across Europe. 2) The vision is for an open ecosystem where trading partners can interoperate based on harmonized laws and standards to make e-invoicing attractive for all, especially SMEs. 3) Priorities for 2009 are promoting benefits, supporting legal harmonization, encouraging interoperability and standardization. A major barrier is convincing senior management of the business case.
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