Tuesday, December 08, 2009

Germany: E-Invoicing as part of the coalition contract

Quote from Bruno Koch's newsletter

"The newly elected German Government plans to accelerate use of electronic invoices in Germany by removing barriers hindering their adoption.

E-Invoicing is to be enabled in a more unbureaucratic manner. The author of this newsletter will keep you informed about future decisions and development."

My comment: As we could read in the Deutsche Bank report the annual savings potential is 54bn - in Germany alone. North of 250bn in EU. Small wonder this is now getting full attention.

But we need bold action - price tags for sending paper invoices and deadlines for accepting paper or unstructured PDF - ONLY then it will become a reality in time to be a part remedy for coming shortage of people in working age..

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