We have on many occasions stressed the need for the public sector to more aggressively
- save their own operating costs,
- help enterprises to save cost,
- drive enterprises across digitalization thresholds
- cut CO2
- make the single market real
- collect VAT and other taxes due
- further global standardization
Migration to e-invoicing furthers all these – and is furthered in return by all these. So no efforts should be spared and bold action taken. Bold action means mandatory migration – needed as the 25bn public sector cost saving in EU public sectors (see Bruno Koch newsletters http://www.billentis.com/EBPP_EIPP_e.htm ) does not happen without it. These deadlines also drive private sector deadlines aiming at the 250bn cost saving for enterprises.
Saving own costs – tax payers’ money.
The public sector in Finland has estimated its cost saving to 300m€/year. Bruno Koch has estimated the figure for the public sector in Austria to 590m. Estimates from UK point at 1-3bn and so forth. So we need the deadlines – but before that we need 0-investment and 0-ITskill just-like-payments functioning generic tools for the SME-sector. It is of utmost importance to avoid buyerspecific portals and procedures for the SMEs. Banks have to take action here – the investments are small and as most non-bank service providers have said – only banks can bring in the SME-sector fast on cost efficiently. So it is also about taking responsibility for society at large.