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E-invoicing in Europe: Now and the future
Journal of Payments Strategy & Systems,
4
(4),
371-380
(2010)
Abstract
This paper describes the current state of electronic invoicing in Europe and the key elements of the proposal by the European Commission’s Expert Group to move this important issue forward and gain huge benefits for Europe’s economy. It shows how the planned European e-Invoicing Framework is expected to establish a common conceptual structure, including business models and standards, and proposes solutions supporting the provision of e-invoicing services in an open and interoperable manner across Europe. It also outlines a set of actionable recommendations and proposals. Finally, perspectives for the future beyond e-invoicing are outlined.
Keywords: e-invoicing; financial supply chain; European efficiency; e-billing; EU Expert Group
The full article is available to subscribers to the journal.
Author's Biography
Michael Salmony is Executive Adviser at equensWorldline SE, the largest pan-European payment provider. He is an internationally recognised leader on business innovations especially in the digital and financial services space. In this capacity he is board-level adviser to banks and other industry associations and works with numerous European bodies, including the European Commission, the European Payments Council and the Euro Retail Payments Board, and is in numerous national and international boards.
