EESPA’s fourth annual e-invoice member survey shows a significant growth of processed e-invoices during 2016. 1 615 million electronic invoices were processed and delivered by the members of EESPA, which represents a growth of 29 per cent over 2015 volumes of 1 252 million.
EESPA commissioned the survey among its members as part of a continuing commitment to supporting the rapid market growth of e-invoicing and to play its part in monitoring take-up.
The majority of invoices processed were B2B or B2G invoices (1 035 million invoices in total in 2016), although the EESPA membership also has a significant involvement in the delivery of B2C invoices (580 million invoices in total in 2016).
EESPA Chair, Esa Tihilä, said: “It is a pleasure to report the increasing buoyancy in the reported figures and to see the importance of having accurate numbers on e-invoicing adoption and exchange. We notice that these statistics are experiencing wide use. There are few systematic surveys in the market and the EESPA report complements the widely recognised Billentis annual survey.”
Fredrik Rosenqvist, VP Partner & Alliances at Pagero, said: “The statistics clearly show that large companies and organisations have invested in electronic invoicing systems and that we have left the stage where only early adopters fully utilise the digital services. This trend has just begun to show its impact on the market.”