Einvoicing Status Report Final[1]

The Expert Group on e-Invoicing has been making progress on developing a European e-Invoicing Framework. They have established three work streams: developing business requirements, simplifying the legal/regulatory framework, and establishing network solutions and standards. They have held three meetings so far and are on track to deliver a mid-term report in 2008 and the final European e-Invoicing Framework by the end of 2009. The framework aims to establish common structures to support interoperable e-Invoicing across Europe and help realize an estimated 238 billion euros in cost savings.