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Unlocking Efficiency: European Commission Report on the Impact of e-Invoicing Directive in Public Procurement

21 February 2024
EU

Below are some key highlights from the report.   Global impact of the e-Invoicing DirectiveThe e-Invoicing Directive played a significant role in standardizing practices across Europe and globally, with various countries adopting Peppol specifications. Challenges, such as varying adoption rates and the need for complete interoperability at the transmission level, persist due to differences in national implementations.   Cost-benefit analysis The report highlights that out of 23 surveyed Member States, 17 acknowledged that the benefits of e-invoicing outweighed the associated costs at the national level. The driving factors behind these benefits included process automation, adherence to standardized procedures, expedited processing,...